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Ohio pension buys $1.7M stake in Teekay Tankers

Teekay Tankers logoTeekay Tankers
Sig1.25Sen+0.35Env0.00Soc0.00Gov0.00

The Public Employees Retirement System of Ohio bought 26,190 shares of Teekay Tankers valued at about $1.70 million. Other investors also added smaller stakes. Teekay Tankers recently reported quarterly results and pays a $1.00 annualized dividend (about a 1.1% yield). Zacks cut the stock from strong buy to hold.

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