Geode Capital Management LLC Has $647,000 Holdings in Team, Inc. (NYSE:TISI)

Geode Capital Management LLC raised its holdings in Team, Inc. (NYSE:TISI) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,438 shares of the business services provider’s stock after acquiring an additional 3,973 shares during the period. Geode Capital Management LLC owned about 0.95% of Team worth $647,000 at the end of the most recent quarter.

Separately, Renaissance Technologies LLC bought a new position in Team in the second quarter valued at about $118,000. 46.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded Team from a “buy” rating to a “strong-buy” rating in a research report on Wednesday.

Team Stock Performance

Team stock opened at $15.06 on Friday. Team, Inc. has a 12-month low of $5.05 and a 12-month high of $26.77. The company has a quick ratio of 1.57, a current ratio of 1.80 and a debt-to-equity ratio of 17.55. The business’s 50-day moving average price is $15.81 and its two-hundred day moving average price is $14.61. The stock has a market cap of $67.54 million, a PE ratio of -1.23 and a beta of 1.83.

Team Profile

Team, Inc, together with its subsidiaries, provides a suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services in the United States, Canada, Europe, and internationally. It operates through Inspection and Heat Treating (IHT) and Mechanical Services (MS) segments.