LS Investment Advisors LLC raised its stake in Oil States International, Inc. (NYSE:OIS) by 17.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,106 shares of the oil and gas company’s stock after buying an additional 612 shares during the period. LS Investment Advisors LLC’s holdings in Oil States International were worth $111,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of OIS. Eagle Asset Management Inc. increased its stake in shares of Oil States International by 14.2% in the first quarter. Eagle Asset Management Inc. now owns 46,685 shares of the oil and gas company’s stock valued at $1,547,000 after buying an additional 5,793 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Oil States International by 5.4% in the first quarter. Ameriprise Financial Inc. now owns 142,096 shares of the oil and gas company’s stock valued at $4,710,000 after buying an additional 7,224 shares in the last quarter. Karp Capital Management Corp acquired a new stake in shares of Oil States International during the first quarter valued at $1,289,000. Meadow Creek Investment Management LLC increased its stake in shares of Oil States International by 3.0% in the first quarter. Meadow Creek Investment Management LLC now owns 3,468 shares of the oil and gas company’s stock valued at $115,000 after buying an additional 102 shares in the last quarter. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Oil States International by 3.8% in the first quarter. UBS Asset Management Americas Inc. now owns 34,434 shares of the oil and gas company’s stock valued at $1,141,000 after buying an additional 1,246 shares in the last quarter.

Shares of Oil States International, Inc. (OIS) traded down 0.22% on Friday, hitting $22.80. The stock had a trading volume of 691,814 shares. Oil States International, Inc. has a 52-week low of $22.35 and a 52-week high of $41.75. The firm’s market cap is $1.17 billion. The firm’s 50-day moving average price is $26.18 and its 200 day moving average price is $31.03.

Oil States International (NYSE:OIS) last announced its earnings results on Monday, July 31st. The oil and gas company reported ($0.27) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.24) by $0.03. Oil States International had a negative net margin of 7.94% and a negative return on equity of 4.21%. The business had revenue of $171.40 million for the quarter, compared to the consensus estimate of $176.08 million. During the same quarter last year, the firm posted ($0.22) EPS. The business’s quarterly revenue was down 2.5% on a year-over-year basis. On average, equities research analysts predict that Oil States International, Inc. will post ($0.97) EPS for the current year.

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Several brokerages have weighed in on OIS. BidaskClub raised Oil States International from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. BMO Capital Markets lowered their price target on Oil States International from $35.00 to $33.00 and set a “hold” rating for the company in a report on Monday, May 15th. Deutsche Bank AG reissued a “hold” rating and issued a $35.00 price target (down previously from $37.00) on shares of Oil States International in a report on Tuesday, May 30th. Wolfe Research downgraded Oil States International from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 6th. Finally, Zacks Investment Research downgraded Oil States International from a “hold” rating to a “sell” rating in a report on Thursday, July 20th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $35.00.

Oil States International Company 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.

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

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