Oil States International, Inc. (NYSE:OIS) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lessened its holdings in shares of Oil States International, Inc. (NYSE:OIS - Free Report) by 85.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,376 shares of the oil and gas company's stock after selling 194,754 shares during the quarter. Tudor Investment Corp ET AL owned 0.05% of Oil States International worth $169,000 as of its most recent filing with the SEC.

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

Oil States International Price Performance

OIS opened at $4.51 on Friday. The stock's 50 day moving average price is $4.32 and its 200 day moving average price is $4.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.40 and a quick ratio of 1.83. The stock has a market cap of $279.03 million, a P/E ratio of -13.67 and a beta of 1.77. Oil States International, Inc. has a 12 month low of $3.08 and a 12 month high of $5.86.

Oil States International (NYSE:OIS - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The oil and gas company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The company had revenue of $159.94 million for the quarter, compared to analyst estimates of $164.08 million. Oil States International had a positive return on equity of 1.78% and a negative net margin of 2.78%. The company's quarterly revenue was down 4.4% compared to the same quarter last year. During the same period last year, the company earned ($0.03) earnings per share. As a group, research analysts predict that Oil States International, Inc. will post 0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

OIS has been the subject of a number of analyst reports. Susquehanna reduced 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. StockNews.com upgraded shares of Oil States International from a "sell" rating to a "hold" rating in a research report on Saturday, February 15th.

About Oil States International

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.

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