Top five holders who have invested in TGP are Neuberger Berman Group LLC, OppenheimerFunds Inc., Clearbridge Investments LLC, Harvest Fund Advisors LLC and Energy Income Partners LLC .The most TGP holdings are taken by Neuberger Berman Group LLC with an amount of 11,730,218. The second most are taken by OppenheimerFunds Inc. with and amount of 5,540,133. There are other big companies like JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp DE, MetLife Securities Inc and many others who have a good amount of holdings in the company. The data above provided is according to date 12/31/2015.
A brief Summary about the Company:
TGP is the symbol of the company Teekay LNG Pvt. Ltd. They provide transportation services for marines for transporting liquefied petroleum gas, liquefied natural gas, and crude oil. There are two segments through which the company operates. These are: Conventional Tanker and Liquefied Gas. The first segment i.e. the Conventional Tanker segment includes one product tanker handymax and various suezmax-class crude oil tankers and which operates on long-term, fixed-rate time. They charter the contracts to international energy and shipping companies.
The other segment, Liquefied Gas segment consists of liquefied natural gas and liquefied petroleum gas carriers which are subject to long-term, fixed-rate and charters to international energy companies and Teekay Corp. Medium-sized crude oil tankers are owned by the company to expand their operations in the liquefied natural gas shipping sector. The company was founded on November 2, 2004 and is headquartered in Hamilton, Bermuda.
The Holders involved in TGP Holdings:
Teekay LNG Partners LP (NYSE:TGP) was ranked at first rank on “International S.A.F.E. 10” list on 1 February 2016. Another event happened as of a report of 11 January 2016 where the stocks of the company became oversold. The shares of TGP entered into oversold territory, changing hands as low as $11.04 per share. The oversold territory was defined on the basis of the Relative Strength Index (RSI), which measures momentum from 0-100 and is a technical analysis indicator. A stock is considered to be oversold if the RSI reading falls below 30.
As per the history of the TGP’s holdings it can be easily seen that they have a stellar rank and they come in the top 10% of the coverage universe. These all facts suggest that TGP holdings is among the top most "interesting" ideas that is merited further for research by the investors.