Oil States International, Inc. (NYSE:OIS) Holdings Trimmed by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL cut its holdings in Oil States International, Inc. (NYSE:OIS) by 85.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,376 shares of the oil and gas company’s stock after selling 194,754 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Oil States International were worth $169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Marshall Wace LLP bought a new stake in shares of Oil States International in the 4th quarter worth approximately $97,000. Quantbot Technologies LP bought a new position in shares of Oil States International in the fourth quarter valued at $128,000. SG Americas Securities LLC lifted its position in shares of Oil States International by 21.5% during the 4th quarter. SG Americas Securities LLC now owns 27,000 shares of the oil and gas company’s stock valued at $137,000 after acquiring an additional 4,771 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its stake in shares of Oil States International by 82.4% during the 4th quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company’s stock worth $191,000 after acquiring an additional 17,019 shares in the last quarter. 97.44% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. StockNews.com raised Oil States International from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. Susquehanna cut their price objective on Oil States International from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Monday, April 14th.

Oil States International Price Performance

OIS opened at $4.51 on Friday. The firm has a market capitalization of $279.03 million, a P/E ratio of -13.67 and a beta of 1.77. The stock has a fifty day moving average of $4.32 and a 200-day moving average of $4.89. The company has a quick ratio of 1.83, a current ratio of 3.40 and a debt-to-equity ratio of 0.18. Oil States International, Inc. has a 12-month low of $3.08 and a 12-month high of $5.86.

Oil States International (NYSE:OIS) last announced its quarterly earnings data on Thursday, May 1st. The oil and gas company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%. The firm had revenue of $159.94 million during the quarter, compared to the consensus estimate of $164.08 million. During the same period in the prior year, the business earned ($0.03) EPS. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. Equities analysts forecast that Oil States International, Inc. will post 0.16 EPS for the current fiscal year.

About Oil States International

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.