Nationwide Fund Advisors reduced its stake in Oil States International, Inc. (NYSE:OIS) by 30.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 144,049 shares of the oil and gas company’s stock after selling 62,022 shares during the quarter. Nationwide Fund Advisors owned approximately 0.28% of Oil States International worth $3,652,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Riverhead Capital Management LLC lifted its holdings in Oil States International by 95.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,894 shares of the oil and gas company’s stock worth $133,000 after purchasing an additional 2,394 shares during the last quarter. Winch Advisory Services LLC lifted its holdings in Oil States International by 113.1% in the 2nd quarter. Winch Advisory Services LLC now owns 5,744 shares of the oil and gas company’s stock worth $156,000 after purchasing an additional 3,049 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Oil States International by 12.9% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 8,361 shares of the oil and gas company’s stock worth $227,000 after purchasing an additional 957 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Oil States International by 20.0% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 10,200 shares of the oil and gas company’s stock worth $277,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Arizona State Retirement System lifted its holdings in Oil States International by 1.9% in the 2nd quarter. Arizona State Retirement System now owns 21,800 shares of the oil and gas company’s stock worth $592,000 after purchasing an additional 400 shares during the last quarter.

Oil States International, Inc. (NYSE OIS) opened at $25.50 on Friday. Oil States International, Inc. has a 1-year low of $20.23 and a 1-year high of $41.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.60 and a current ratio of 4.09.

Oil States International (NYSE:OIS) last issued its quarterly earnings results on Thursday, October 26th. The oil and gas company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.02). Oil States International had a negative return on equity of 4.62% and a negative net margin of 8.77%. The business had revenue of $164.00 million for the quarter, compared to analyst estimates of $166.94 million. The company’s revenue was down 8.4% compared to the same quarter last year. equities research analysts predict that Oil States International, Inc. will post -1.1 earnings per share for the current fiscal year.

Several research firms recently weighed in on OIS. Zacks Investment Research upgraded Oil States International from a “sell” rating to a “hold” rating in a report on Friday, November 10th. J P Morgan Chase & Co reduced their target price on Oil States International from $31.00 to $26.00 and set an “overweight” rating for the company in a report on Tuesday, September 12th. Loop Capital set a $33.00 target price on Oil States International and gave the stock a “buy” rating in a report on Wednesday. Deutsche Bank initiated coverage on Oil States International in a report on Tuesday, October 10th. They set a “hold” rating and a $26.00 price target for the company. Finally, Royal Bank of Canada set a $28.00 price target on Oil States International and gave the stock a “hold” rating in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. Oil States International has a consensus rating of “Hold” and an average target price of $30.18.

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Oil States International Profile

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

Institutional Ownership by Quarter for Oil States International (NYSE:OIS)

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