Ameriprise Financial Inc. Has $630,000 Stake in Oil States International, Inc. (NYSE:OIS)

Ameriprise Financial Inc. lessened its holdings in Oil States International, Inc. (NYSE:OIS - Free Report) by 56.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 124,412 shares of the oil and gas company's stock after selling 162,684 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.20% of Oil States International worth $630,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of OIS. SG Americas Securities LLC boosted its stake in shares of 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 buying an additional 4,771 shares during the period. MetLife Investment Management LLC lifted its position in shares of Oil States International by 82.4% during the 4th quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock valued at $191,000 after acquiring an additional 17,019 shares during the period. Marshall Wace LLP acquired a new stake in shares of Oil States International during the 4th quarter valued at approximately $97,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Oil States International during the 4th quarter valued at approximately $128,000. Hedge funds and other institutional investors own 97.44% of the company's stock.

Oil States International Stock Up 3.2%

Shares of Oil States International stock traded up $0.15 during trading on Friday, reaching $4.63. The company had a trading volume of 418,634 shares, compared to its average volume of 707,440. The company has a market cap of $286.14 million, a price-to-earnings ratio of -14.01 and a beta of 1.78. Oil States International, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $5.86. The firm's fifty day moving average is $4.08 and its 200-day moving average is $4.83. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.83 and a current ratio of 3.40.

Oil States International (NYSE:OIS - Get Free Report) last posted its earnings results on Thursday, May 1st. The oil and gas company reported $0.06 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $159.94 million during the quarter, compared to analysts' expectations of $164.08 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. Oil States International's quarterly revenue was down 4.4% on a year-over-year basis. On average, analysts anticipate that Oil States International, Inc. will post 0.16 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Susquehanna cut their price objective on Oil States International from $5.00 to $4.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Wall Street Zen upgraded shares of Oil States International from a "sell" rating to a "hold" rating in a report on Saturday, February 15th.

Oil States International 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.