SG Americas Securities LLC acquired a new position in Oil States International, Inc. (NYSE: OIS – Get Rating) in Q3, according to its latest filing with the Securities and Exchange Commission. The company purchased 34,110 shares of the oil and gas company, valued at around $133,000. SG Americas Securities LLC owned approximately 0.05% of Oil States International at the end of the most recent reporting period.
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Several other institutional investors have also recently changed their holdings of OIS. Bank of New York Mellon Corp increased its stake in shares of Oil States International by 2.7% in the 1st quarter. Bank of New York Mellon Corp now owns 641,078 shares of the oil and gas company worth $4,456,000 after acquiring 17,123 more shares last quarter. MetLife Investment Management LLC increased its stake in shares of Oil States International by 23.8% in the 1st quarter. MetLife Investment Management LLC now owns 30,522 shares of the oil and gas company worth $212,000 after acquiring 5,864 additional shares last quarter. Rhumbline Advisers increased its stake in shares of Oil States International by 2.9% in the first quarter. Rhumbline Advisers now owns 204,495 shares of the oil and gas company worth $1,421,000 after acquiring 5,849 additional shares in the last quarter. Yousif Capital Management LLC increased its stake in shares of Oil States International by 3.6% in the 1st quarter. Yousif Capital Management LLC now owns 58,030 shares of the oil and gas company worth $403,000 after acquiring 2,010 additional shares last quarter. Finally, Quantbot Technologies LP increased its stake in shares of Oil States International by 249.3% in the 1st quarter. Quantbot Technologies LP now owns 77,522 shares of the oil and gas company worth $538,000 after acquiring an additional 55,327 shares last quarter. 89.16% of the shares are currently held by institutional investors.
Performance of international equities of oil states
NYSE OIS shares opened at $8.42 on Monday. The company’s 50-day moving average price is $7.46 and its 200-day moving average price is $6.02. The company has a quick ratio of 1.34, a current ratio of 2.28 and a debt ratio of 0.20. The company has a market capitalization of $538.04 million, a PE ratio of -15.59 and a beta of 2.98. Oil States International, Inc. has a 52-week low of $3.51 and a 52-week high of $9.02.
Analyst upgrades and downgrades
A number of analysts have weighed in on the stock. TheStreet upgraded shares of Oil States International from a “d+” rating to a “c-” rating in a research note on Monday, January 30. StockNews.com took over coverage of Oil States International stocks in a Wednesday, October 12 research note. They set a “hold” rating for the company. Finally, Piper Sandler raised her price target on Oil States International shares from $5.00 to $9.00 and gave the company a “neutral” rating in a Friday, November 18 research note.
Oil States International Company Profile
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Oil States International, Inc. provides manufactured products and services used in the drilling, completions, subsea, production and infrastructure sectors of the petroleum and natural gas industry, as well as in the industrial and military. It operates through the following segments: Wellsite Services, Downhole Technologies and Offshore or Manufactured Products.
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