Quantbot Technologies LP Invests $128,000 in Oil States International, Inc. (NYSE:OIS)

Quantbot Technologies LP purchased a new stake in Oil States International, Inc. (NYSE:OIS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,393 shares of the oil and gas company’s stock, valued at approximately $128,000.

Separately, SG Americas Securities LLC grew its position in shares of Oil States International by 21.5% during the 4th 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. 97.44% of the stock is owned by hedge funds and other institutional investors.

Oil States International Trading Down 4.1 %

Shares of Oil States International stock opened at $5.22 on Monday. The company has a quick ratio of 1.83, a current ratio of 3.40 and a debt-to-equity ratio of 0.18. Oil States International, Inc. has a 12-month low of $3.91 and a 12-month high of $6.53. The company has a market capitalization of $322.08 million, a price-to-earnings ratio of -15.80 and a beta of 2.57. The firm’s 50-day moving average price is $5.24 and its two-hundred day moving average price is $5.08.

Oil States International (NYSE:OIS) last posted its quarterly earnings results on Friday, February 21st. The oil and gas company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.03. Oil States International had a negative net margin of 2.78% and a positive return on equity of 1.78%. The business had revenue of $164.60 million for the quarter, compared to analyst estimates of $173.33 million. On average, analysts forecast that Oil States International, Inc. will post 0.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Oil States International from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th.

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.