2 weeks Ago By ABMN Staff
Cerity Partners LLC cut its stake in Oceaneering International, Inc. ( NYSE:OII – Free Report ) by 33.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm owned 11,064 shares of the oil and gas company’s stock after selling 5,494 shares during the quarter. Cerity Partners LLC’s holdings in Oceaneering International were worth $276,000 at the end of the most recent reporting period. Several other hedge funds have also bought and sold shares of the stock.
American Century Companies Inc. boosted its stake in shares of Oceaneering International by 14.3% in the fourth quarter.
American Century Companies Inc. now owns 2,841,710 shares of the oil and gas company’s stock worth $74,112,000 after acquiring an additional 355,290 shares during the last quarter. Loomis Sayles & Co.
L P boosted its stake in Oceaneering International by 14.5% during the fourth quarter. Loomis Sayles & Co.
L P now owns 2,106,002 shares of the oil and gas company’s stock worth $54,925,000 after buying an additional 267,230 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Oceaneering International by 48.
0% in the 4th quarter. JPMorgan Chase & Co. now owns 797,517 shares of the oil and gas company’s stock valued at $20,799,000 after buying an additional 258,588 shares in the last quarter.
Fisher Asset Management LLC increased its stake in shares of Oceaneering International by 191.7% in the 4th quarter. Fisher Asset Management LLC now owns 386,068 shares of the oil and gas company’s stock worth $10,069,000 after acquiring an additional 253,705 shares during the last quarter.
Finally, Norges Bank purchased a new position in shares of Oceaneering International during the 4th quarter worth $6,218,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.
Oceaneering International Price Performance Shares of OII opened at $17.27 on Thursday. The company has a market capitalization of $1.
75 billion, a price-to-earnings ratio of 11.99 and a beta of 1.94.
Oceaneering International, Inc. has a fifty-two week low of $15.46 and a fifty-two week high of $30.
98. The firm has a 50-day simple moving average of $20.17 and a 200-day simple moving average of $24.
22. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.
46 and a current ratio of 1.74. Wall Street Analysts Forecast Growth Several equities analysts have weighed in on the stock.
Citigroup lowered shares of Oceaneering International from a “buy” rating to a “neutral” rating and set a $30.00 target price on the stock. in a report on Friday, January 10th.
TD Cowen upped their price objective on Oceaneering International from $26.00 to $27.00 and gave the company a “hold” rating in a report on Wednesday, January 8th.
Pickering Energy Partners raised Oceaneering International from an “underperform” rating to a “neutral” rating in a research note on Wednesday, April 2nd. StockNews.com cut Oceaneering International from a “buy” rating to a “hold” rating in a report on Saturday, March 1st.
Finally, Barclays reduced their price objective on shares of Oceaneering International from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 5th.
Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Oceaneering International has an average rating of “Hold” and a consensus target price of $28.25.
View Our Latest Stock Analysis on OII About Oceaneering International ( Free Report ) Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments. See Also Want to see what other hedge funds are holding OII? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Oceaneering International, Inc. ( NYSE:OII – Free Report ). Receive News & Ratings for Oceaneering International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceaneering International and related companies with MarketBeat.
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