Campbell & CO Investment Adviser LLC Acquires 206,678 Shares of Oil States International, Inc. $OIS

Campbell & CO Investment Adviser LLC lifted its holdings in Oil States International, Inc. (NYSE:OIS) by 454.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 252,171 shares of the oil and gas company’s stock after buying an additional 206,678 shares during the quarter. Campbell & CO Investment Adviser LLC owned approximately 0.42% of Oil States International worth $1,352,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. New York State Teachers Retirement System bought a new position in Oil States International in the 2nd quarter valued at $29,000. New York State Common Retirement Fund grew its holdings in shares of Oil States International by 944.2% in the first quarter. New York State Common Retirement Fund now owns 9,732 shares of the oil and gas company’s stock worth $50,000 after purchasing an additional 8,800 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Oil States International by 187.1% in the second quarter. Public Employees Retirement System of Ohio now owns 17,716 shares of the oil and gas company’s stock worth $95,000 after purchasing an additional 11,545 shares during the last quarter. Strs Ohio purchased a new position in Oil States International in the 1st quarter worth about $266,000. Finally, Quantbot Technologies LP lifted its holdings in Oil States International by 213.0% during the 1st quarter. Quantbot Technologies LP now owns 79,473 shares of the oil and gas company’s stock valued at $409,000 after buying an additional 54,080 shares in the last quarter. Hedge funds and other institutional investors own 97.44% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on OIS. Weiss Ratings restated a “hold (c)” rating on shares of Oil States International in a research note on Wednesday, October 8th. Susquehanna increased their price objective on Oil States International from $5.50 to $6.50 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Wall Street Zen downgraded Oil States International from a “buy” rating to a “hold” rating in a report on Saturday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Oil States International currently has an average rating of “Hold” and an average price target of $6.50.

Oil States International Stock Performance

Shares of OIS opened at $6.54 on Wednesday. The company has a 50 day moving average price of $6.06 and a 200-day moving average price of $5.39. Oil States International, Inc. has a fifty-two week low of $3.08 and a fifty-two week high of $6.88. The stock has a market capitalization of $390.68 million, a PE ratio of 59.45 and a beta of 1.80.

Oil States International (NYSE:OIS) last issued its quarterly earnings data on Friday, October 31st. The oil and gas company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.01). The business had revenue of $165.18 million for the quarter, compared to analysts’ expectations of $169.01 million. Oil States International had a net margin of 1.02% and a return on equity of 2.56%. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.04 earnings per share. Equities research analysts forecast that Oil States International, Inc. will post 0.16 EPS for the current year.

Oil States International 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.