Dimensional Fund Advisors LP Invests $140,000 in Team, Inc. (NYSE:TISI)

Dimensional Fund Advisors LP acquired a new stake in Team, Inc. (NYSE:TISI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,049 shares of the business services provider’s stock, valued at approximately $140,000. Dimensional Fund Advisors LP owned approximately 0.25% of Team as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Team by 11,511.8% during the fourth quarter. JPMorgan Chase & Co. now owns 1,974 shares of the business services provider’s stock worth $25,000 after purchasing an additional 1,957 shares in the last quarter. Geode Capital Management LLC grew its stake in Team by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 44,471 shares of the business services provider’s stock worth $564,000 after buying an additional 2,033 shares during the last quarter. Finally, Barclays PLC raised its position in Team by 7.3% in the 3rd quarter. Barclays PLC now owns 274,706 shares of the business services provider’s stock valued at $4,189,000 after purchasing an additional 18,733 shares during the last quarter. Hedge funds and other institutional investors own 46.57% of the company’s stock.

Team Stock Performance

TISI opened at $21.41 on Friday. 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 stock has a market cap of $96.17 million, a P/E ratio of -1.74 and a beta of 1.78. Team, Inc. has a 1-year low of $6.73 and a 1-year high of $26.77. The stock’s 50 day simple moving average is $19.56 and its 200 day simple moving average is $17.39.

Team (NYSE:TISI) last released its quarterly earnings results on Monday, May 12th. The business services provider reported ($3.31) earnings per share 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 $198.66 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Team from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.

Team Company Profile

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.