Team, Inc. (NYSE:TISI) Stock Holdings Increased by Geode Capital Management LLC

Geode Capital Management LLC boosted its position in shares of Team, Inc. (NYSE:TISI) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,471 shares of the business services provider’s stock after purchasing an additional 2,033 shares during the period. Geode Capital Management LLC owned 0.99% of Team worth $564,000 at the end of the most recent reporting period.

Separately, Barclays PLC lifted its stake in shares of Team by 7.3% in the third quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock worth $4,189,000 after buying an additional 18,733 shares during the last quarter. Institutional investors and hedge funds own 46.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Team from a “buy” rating to a “strong-buy” rating in a research report on Monday, March 24th.

Team Stock Down 0.5 %

TISI opened at $20.62 on Friday. The company has a market capitalization of $92.62 million, a P/E ratio of -1.68 and a beta of 1.60. The company has a debt-to-equity ratio of 17.55, a current ratio of 1.80 and a quick ratio of 1.57. The firm’s fifty day moving average price is $18.38 and its two-hundred day moving average price is $17.36. Team, Inc. has a fifty-two week low of $6.31 and a fifty-two week high of $26.77.

Team (NYSE:TISI) last issued its earnings results on Wednesday, March 19th. The business services provider reported ($0.82) earnings per share (EPS) for the quarter. Team had a negative return on equity of 152.34% and a negative net margin of 6.35%. The company had revenue of $213.30 million during the quarter.

About Team

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.