Team, Inc. (NYSE:TISI) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.

TISI has been the subject of several other research reports. Johnson Rice lowered Team from a “buy” rating to a “hold” rating and lowered their price target for the stock from $36.00 to $26.00 in a research report on Tuesday, July 25th. Zacks Investment Research raised Team from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 18th. TheStreet lowered Team from a “c-” rating to a “d+” rating in a research report on Tuesday, July 25th. Finally, Stephens lowered Team from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $34.00 to $19.00 in a research report on Tuesday, July 25th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $22.50.

Team (TISI) opened at $13.90 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.23 and a current ratio of 2.68. Team has a 52-week low of $10.45 and a 52-week high of $39.70.

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In other Team news, Director Louis A. Waters acquired 17,500 shares of Team stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average cost of $11.40 per share, for a total transaction of $199,500.00. Following the acquisition, the director now owns 160,580 shares of the company’s stock, valued at $1,830,612. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Louis A. Waters acquired 12,500 shares of Team stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average price of $11.40 per share, with a total value of $142,500.00. Following the completion of the acquisition, the director now directly owns 160,580 shares in the company, valued at approximately $1,830,612. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 31,000 shares of company stock valued at $353,330. 4.10% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TISI. BlackRock Inc. increased its holdings in Team by 121,178.7% in the 1st quarter. BlackRock Inc. now owns 3,643,211 shares of the business services provider’s stock worth $98,549,000 after buying an additional 3,640,207 shares in the last quarter. Gamco Investors INC. ET AL increased its holdings in Team by 297.0% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,833,012 shares of the business services provider’s stock worth $24,471,000 after buying an additional 1,371,354 shares in the last quarter. Boston Partners increased its holdings in Team by 280.7% in the 3rd quarter. Boston Partners now owns 988,592 shares of the business services provider’s stock worth $13,198,000 after buying an additional 728,889 shares in the last quarter. Chartwell Investment Partners LLC increased its holdings in Team by 167.3% in the 2nd quarter. Chartwell Investment Partners LLC now owns 872,050 shares of the business services provider’s stock worth $20,450,000 after buying an additional 545,805 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Team by 24.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,899,990 shares of the business services provider’s stock worth $44,555,000 after buying an additional 378,375 shares in the last quarter. Institutional investors own 96.60% of the company’s stock.

About Team

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

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