27 July, 2017
Other equities research analysts also recently issued research reports about the company. The firm owned 2,995,000 shares of the oil and gas company's stock after buying an additional 21,246 shares during the period.
06/21/2017 - Oceaneering International, Inc. was downgraded to " by analysts at Morgan Stanley.
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in Oceaneering International by 91.8% in the first quarter. Dimensional Fund Advisors LP now owns 3,015,114 shares of the oil and gas company's stock worth $81,648,000 after buying an additional 1,443,300 shares in the last quarter. State Treasurer State of MI increased its position in shares of Oceaneering International by 0.8% in the first quarter. Guggenheim Capital LLC now owns 140,645 shares of the oil and gas company's stock valued at $3,968,000 after buying an additional 66,745 shares in the last quarter. Legal & General Group Plc owned about 0.12% of Oceaneering International worth $3,126,000 at the end of the most recent quarter. Blackrock Advsr Limited Company holds 0.01% or 243,578 shares in its portfolio. State Treasurer State of MI boosted its position in shares of Oceaneering International by 0.8% in the first quarter. Advantus Capital Management Inc now owns 12,557 shares of the oil and gas company's stock worth $340,000 after buying an additional 369 shares during the last quarter. BARRETT STEPHEN P bought $24,763 worth of Oceaneering International (NYSE:OII) on Friday, May 26.
The stock increased 0.24% or $0.06 during the last trading session, reaching $24.7. Utah Retirement Systems now owns 17,782 shares of the oil and gas company's stock valued at $482,000 after buying an additional 100 shares during the last quarter. Oceaneering International has a 12 month low of $20.74 and a 12 month high of $32.12. The company has market cap of $9.19 billion.
The stock's 50 day moving average is 23.58 and its 200 day moving average is 25.98. Engineers Gate Manager L P holds 0.36% of its portfolio in Oceaneering International (NYSE:OII) for 117,823 shares.
Analysts expect Oceaneering International (NYSE:OII) to report $-0.02 EPS on July, 26 after the close.They anticipate $0.29 EPS change or 107.41 % from last quarter's $0.27 EPS. Oceaneering International had a negative net margin of 0.38% and a positive return on equity of 2.72%. The business had revenue of $446.18 million during the quarter, compared to analysts' expectations of $459.57 million. During the same period previous year, the business earned $0.26 EPS.
South Dakota Investment Council increased its stake in Oceaneering Intl Inc (OII) by 516.34% based on its latest 2016Q4 regulatory filing with the SEC. The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 20%. Stockholders of record on Friday, August 25th will be paid a $0.15 dividend. ( NYSE:OII ) announced that it will be issuing a quarterly dividend in the amount of $0.15 up from $0.15 making the yield.
On 10/28/2013 Oceaneering International, Inc. announced a quarterly dividend of $0.22.
ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Stock Observer and is the property of of Stock Observer. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of USA & global trademark & copyright law. Oceaneering International (NYSE:OII) has declined 15.63% since July 25, 2016 and is downtrending. Finally, Wolfe Research cut Oceaneering International from a "market perform" rating to an "underperform" rating in a report on Tuesday, June 6th. Jefferies maintained the shares of OII in report on Thursday, July 20 with "Hold" rating. Royal Bank Of Canada reissued a "sell" rating and set a $30.00 price objective on shares of Oceaneering International in a research report on Friday, April 21st. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company's stock. The company now has an average rating of "Hold" and a consensus target price of $28.44. The Company's four business divisions within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity.
