Teck Resources Limited (TECK) recently purchased by insider Share Ownership Details

Teck Resources Limited (NYSE:TECK) marched up 13.85% compared to a 52-week low price of $19.8. The shares were last seen trading -5.21% lower, taking the closing price at $22.54 on 10/10/2018. At recent session, the prices were hovering between $22.38 and $23.68. This company shares are 42.5% off its target price of $32.12 and the current market capitalization stands at $12.94B. The recent change has given its price a -5% deficit over SMA 50 and -26.82% deficit over its 52-week high. The stock witnessed 2.22% gains, -8.22% declines and -13.8% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TECK’s volatility during a week at 4.36% and during a month it has been found around 3.32%.

Teck Resources Limited (TECK) Top Holders

Institutional investors currently hold around $7.63 billion or 73.7% in TECK stock. Look at its top three institutional owners. Capital Research Global Investors owns $1.42 billion in Teck Resources Limited, which represents roughly 10.95% of the company’s market cap and approximately 18.57% of the institutional ownership. Similar statistics are true for the second largest owner, Royal Bank Of Canada, which owns 20,346,090 shares of the stock are valued at $483.83 million. The third largest holder is Bank Of Montreal /Can/, which currently holds $318.53 million worth of this stock and that ownership represents nearly 2.46% of its market capitalization.

Teck Resources Limited 13F Filings

At the end of June reporting period, 146 institutional holders increased their position in Teck Resources Limited (NYSE:TECK) by some 30,205,499 shares, 155 decreased positions by 36,334,828 and 46 held positions by 254,442,529. That puts total institutional holdings at 320,982,856 shares, according to SEC filings. The stock grabbed 28 new institutional investments totaling 3,248,276 shares while 45 institutional investors sold out their entire positions totaling 10,676,929 shares.

Teck Resources Limited (TECK) Analyst Guide

Several analysts have released their opinion on Teck Resources Limited (NYSE:TECK), with 6 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 11 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.9 average brokerage recommendation.