Vanguard Group Inc. raised its stake in Overseas Shipholding Group, Inc. (NYSE:OSG) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,361,063 shares of the transportation company’s stock after buying an additional 10,679 shares during the period. Vanguard Group Inc. owned 4.75% of Overseas Shipholding Group worth $12,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Great West Life Assurance Co. Can raised its position in shares of Overseas Shipholding Group by 101.4% in the first quarter. Great West Life Assurance Co. Can now owns 489,181 shares of the transportation company’s stock valued at $1,889,000 after buying an additional 246,258 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Overseas Shipholding Group by 26.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 440,134 shares of the transportation company’s stock valued at $1,686,000 after buying an additional 91,841 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Overseas Shipholding Group by 45.1% in the fourth quarter. Renaissance Technologies LLC now owns 42,500 shares of the transportation company’s stock valued at $163,000 after buying an additional 13,200 shares during the last quarter. First Trust Advisors LP raised its position in shares of Overseas Shipholding Group by 17.8% in the first quarter. First Trust Advisors LP now owns 670,220 shares of the transportation company’s stock valued at $2,587,000 after buying an additional 101,179 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Overseas Shipholding Group during the first quarter valued at about $613,000. Institutional investors own 62.13% of the company’s stock.

Shares of Overseas Shipholding Group, Inc. (NYSE OSG) remained flat at $2.24 during mid-day trading on Tuesday. 107,463 shares of the stock were exchanged. Overseas Shipholding Group, Inc. has a 12 month low of $1.96 and a 12 month high of $11.57. The company’s market cap is $168.08 million. The company’s 50 day moving average price is $2.59 and its 200 day moving average price is $3.37.

Overseas Shipholding Group (NYSE:OSG) last announced its quarterly earnings data on Wednesday, August 9th. The transportation company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $96.23 million during the quarter. Overseas Shipholding Group had a positive return on equity of 10.95% and a negative net margin of 71.11%. On average, equities research analysts predict that Overseas Shipholding Group, Inc. will post $0.87 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Vanguard Group Inc. Increases Stake in Overseas Shipholding Group, Inc. (OSG)” was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was copied illegally and republished in violation of United States and international copyright and trademark legislation. The original version of this report can be read at https://www.watchlistnews.com/vanguard-group-inc-increases-stake-in-overseas-shipholding-group-inc-osg/1530059.html.

In other news, major shareholder Paulson & Co. Inc. sold 116,881 shares of Overseas Shipholding Group stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $2.25, for a total value of $262,982.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Samuel H. Norton acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was bought at an average price of $2.00 per share, with a total value of $40,000.00. Following the purchase, the chief executive officer now directly owns 125,531 shares in the company, valued at approximately $251,062. The disclosure for this purchase can be found here. Insiders bought a total of 55,600 shares of company stock valued at $111,912 in the last quarter.

Overseas Shipholding Group Company Profile

Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.

Want to see what other hedge funds are holding OSG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Overseas Shipholding Group, Inc. (NYSE:OSG).

Institutional Ownership by Quarter for Overseas Shipholding Group (NYSE:OSG)

Receive News & Ratings for Overseas Shipholding Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Overseas Shipholding Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.