Investors Catching Stocks Oceaneering International, Inc. (OII)

Paterniano Del Favero
Luglio 27, 2017

12/16/2016 - Oceaneering International, Inc. was downgraded to " by analysts at RBC Capital. (NYSE:OII) by 47.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission.

The Relative Volume of the company is 1.41 and Average Volume (3 months) is 1.39 million. It improved, as 86 investors sold V shares while 540 reduced holdings. Monroe Bank & Trust MI increased its position in Oceaneering International by 0.4% in the first quarter. Accern also gave media headlines about the oil and gas company an impact score of 45.8071830834648 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. Capstone Asset Management Co. raised its position in Oceaneering International by 6.5% in the first quarter. Teachers Advisors LLC now owns 417,686 shares of the oil and gas company's stock valued at $11,783,000 after buying an additional 11,510 shares during the last quarter. Mason Street Advisors LLC raised its position in Oceaneering International by 1.2% in the first quarter. Oregon Public Employees Retirement Fund now owns 34,145 shares of the oil and gas company's stock worth $925,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 98.77% of the company's stock. KS bought a new position in Oceaneering International during the first quarter worth $21,063,000. The share price of OII has declined by over -10.80% in the last six months.

Shares of Oceaneering International (NYSE OII) opened at 24.70 on Monday. It also reduced Hollysys Automation Technolo (NASDAQ:HOLI) stake by 25,374 shares and now owns 1.04M shares. The stock's average target of $27.50 is 11.34% above today's ($24.7) share price. Hengehold Capital Management Llc who had been investing in Verizon Communications Inc for a number of months, seems to be bullish on the $182.24B market cap company.

(NYSE:OII) stock may see increased volatility following the report. The oil and gas company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.06.

Offshore services player Oceaneering International reported a second-quarter net income $2.1 million, lower than the $22.3 million booked in the same quarter a year ago. The firm had revenue of $446.18 million for the quarter, compared to analysts' expectations of $459.57 million. On average, analysts predict that Oceaneering International will post ($0.11) earnings per share for the current year.

Since the start of the New Year, Oceaneering International, Inc. Oceaneering International's dividend payout ratio is now -750.00%. The firm also recently announced a quarterly dividend, which was paid on Friday, June 16th. Oceaneering International had 42 analyst reports since July 23, 2015 according to SRatingsIntel. ( NYSE:OII ) announced that it will be issuing a quarterly dividend in the amount of $0.15 up from $0.15 making the yield. Oceaneering International's dividend payout ratio (DPR) is -750.00%.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece on another site, it was copied illegally and republished in violation of United States and worldwide copyright and trademark laws. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/07/27/state-street-corp-has-81-10-million-stake-in-oceaneering-international-inc-nyseoii-updated.html. BidaskClub downgraded Oceaneering International from a "sell" rating to a "strong sell" rating in a research note on Saturday, June 24th. Zacks Investment Research lowered Oceaneering International from a "hold" rating to a "sell" rating in a research report on Thursday, April 13th. Finally, Wolfe Research downgraded shares of Oceaneering International from a "market perform" rating to an "underperform" rating in a research report on Tuesday, June 6th. The company now has an average rating of "Hold" and a consensus target price of $28.44. (NYSE:VZ), 6 have Buy rating, 0 Sell and 18 Hold. They now have a $25.00 target price on the oil and gas company's stock. The Company's business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).

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