19,159 Shares in Oil States International, Inc. (NYSE:OIS) Purchased by Marshall Wace LLP

Marshall Wace LLP bought a new stake in Oil States International, Inc. (NYSE:OIS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 19,159 shares of the oil and gas company’s stock, valued at approximately $97,000.

Separately, SG Americas Securities LLC raised its holdings in Oil States International by 21.5% during the fourth quarter. SG Americas Securities LLC now owns 27,000 shares of the oil and gas company’s stock worth $137,000 after purchasing an additional 4,771 shares in the last quarter. 97.44% of the stock is currently owned by institutional investors and hedge funds.

Oil States International Stock Performance

NYSE:OIS opened at $4.17 on Wednesday. The company has a current ratio of 3.40, a quick ratio of 1.83 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $257.99 million, a P/E ratio of -12.64 and a beta of 1.77. The firm has a 50-day moving average price of $4.37 and a two-hundred day moving average price of $4.89. Oil States International, Inc. has a twelve month low of $3.08 and a twelve month high of $5.86.

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

Analyst Ratings Changes

Several research firms have issued reports on OIS. StockNews.com upgraded Oil States International from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. Susquehanna dropped 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 Company Profile

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.