Tudor Investment Corp ET AL Decreases Stake in Oil States International, Inc. (NYSE:OIS)

Tudor Investment Corp ET AL lessened its holdings in Oil States International, Inc. (NYSE:OIS - Free Report) by 85.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 33,376 shares of the oil and gas company's stock after selling 194,754 shares during the period. Tudor Investment Corp ET AL owned about 0.05% of Oil States International worth $169,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Quantbot Technologies LP purchased a new position in shares of Oil States International in the fourth quarter worth $128,000. Marshall Wace LLP purchased a new position in shares of Oil States International in the fourth quarter worth $97,000. MetLife Investment Management LLC raised its holdings in shares of Oil States International by 82.4% in the fourth quarter. MetLife Investment Management LLC now owns 37,681 shares of the oil and gas company's stock worth $191,000 after buying an additional 17,019 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Oil States International by 21.5% in 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 last quarter. Hedge funds and other institutional investors own 97.44% of the company's stock.

Oil States International Price Performance

OIS traded down $0.08 during midday trading on Friday, hitting $4.64. 144,970 shares of the company traded hands, compared to its average volume of 740,368. 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 $286.76 million, a price-to-earnings ratio of -14.05 and a beta of 1.77. Oil States International, Inc. has a 52-week low of $3.08 and a 52-week high of $5.86. The business has a 50 day simple moving average of $4.32 and a two-hundred day simple moving average of $4.90.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Oil States International from a "sell" rating to a "hold" rating in a research note on Saturday, February 15th. Susquehanna cut their price objective on shares of Oil States International from $5.00 to $4.00 and set a "neutral" rating on the stock in a research note 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.