Systematic Financial Management LP Lowers Holdings in Oasis Petroleum Inc. (OAS)

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14 September, 2017

Stephens Inc. AR lifted its stake in shares of Oasis Petroleum by 13.8% during the 1st quarter. (NYSE:OAS) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. William Blair Investment Management, LLC now holds 1,579,190 shares worth $12,712,000. Short shares grew from 42,038,868 to 46,439,103 over that timeframe. Oasis Petroleum Inc. has had 2 insider trades in the last 3 months, including 0 open market buys and 2 sells. Advisory Services Network LLC now owns 19,400 shares of the energy producer's stock valued at $156,000 after purchasing an additional 2,400 shares during the period.

Westpac Banking Corp boosted its position in Oasis Petroleum Inc. (NYSE:OAS). Bancorp Of Montreal Can invested in 0.02% or 1.11 million shares. $11.78's average target is 41.25% above currents $8.34 stock price. Alliancebernstein L.P. raised its stake in shares of Oasis Petroleum by 21.4% during the first quarter. Hedge funds and other institutional investors own 77.51% of the company's stock.

Several equities research analysts have weighed in on OAS shares.

The top 5 institutional holders, in ascending order, are as follows: DIMENSIONAL FUND ADVISORS LP with 19.93 million shares, VANGUARD GROUP INC with 19.52 million shares, BLACKROCK INC. with 15.69 million shares, MILLENNIUM MANAGEMENT LLC with 10.49 million shares, and SPO ADVISORY CORP with 10.25 million shares. (NYSE:OAS). Kennedy Cap Mngmt invested 0.16% of its portfolio in Oasis Petroleum Inc. The mean rating score for this stock is at 1.50. UBS AG raised Oasis Petroleum from a neutral rating to a buy rating and lowered their target price for the company from $14.00 to $13.00 in a report on Thursday, June 8th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Jefferies Group LLC set a $13.00 price target on shares of Oasis Petroleum and gave the company a "buy" rating in a research note on Tuesday, August 29th. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -15.35% and the separation from the 50 day low is presently 7.55%. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. More than 6,305,064 shares have changed hands.

TRADEMARK VIOLATION NOTICE: This story was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this report on another publication, it was illegally copied and republished in violation of USA and worldwide trademark and copyright laws. Oasis Petroleum Inc. has a one year low of $6.69 and a one year high of $17.08. (NYSE:OAS) earned "Neutral" rating by Citigroup on Thursday, April 7.

Shares are trading at $8.13 which is a tad above the 50 day moving average of $7.51 and a great deal lower than the 200 day moving average of $10.22. The firm's market capitalization is $1.69 billion. Oasis Petroleum Inc. (NYSE:OAS) has risen 26.53% since September 13, 2016 and is uptrending. In the past 3-month period alone, shares of OAS have appreciated -2.18 - or -23.32%. Oasis Petroleum had a negative return on equity of 2.43% and a negative net margin of 5.16%. Next quarter's EPS is expected be $-0.03 with next year's EPS anticipated to be $-0.03.

While considering growth estimates of the company, it has next quarter growth estimates of 62.5% whereas during current quarter it has 64.7% estimations over growth, comparing to the estimations of 72% during current year and 78.6% for next year. Barclays Public Ltd Limited Liability Company has 125,682 shares for 0% of their portfolio.

Oasis Petroleum Inc., launched on February 25, 2010, is an independent exploration and production company. The Firm is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. It worsened, as 44 investors sold OAS shares while 53 reduced holdings.


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