New York State Common Retirement Fund lowered its position in shares of Oil States International, Inc. (NYSE:OIS – Free Report) by 1.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,361,205 shares of the oil and gas company’s stock after selling 14,698 shares during the quarter. New York State Common Retirement Fund’s holdings in Oil States International were worth $11,393,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently modified their holdings of OIS. Kennedy Capital Management LLC purchased a new position in shares of Oil States International during the 2nd quarter valued at $2,420,000. Gendell Jeffrey L lifted its stake in Oil States International by 8.5% in the second quarter. Gendell Jeffrey L now owns 2,827,981 shares of the oil and gas company’s stock worth $21,125,000 after purchasing an additional 221,136 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in Oil States International by 5.7% in the third quarter. Neuberger Berman Group LLC now owns 2,447,441 shares of the oil and gas company’s stock worth $9,539,000 after purchasing an additional 132,278 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in Oil States International in the second quarter worth $800,000. Finally, BNP Paribas Arbitrage SA lifted its stake in Oil States International by 433.5% in the second quarter. BNP Paribas Arbitrage SA now owns 115,863 shares of the oil and gas company’s stock worth $628,000 after purchasing an additional 94,145 shares during the last quarter. Institutional investors own 89.76% of the company’s stock.
Oil States International Stock Performance
Shares of NYSE:OIS opened at $5.82 on Thursday. Oil States International, Inc. has a 12 month low of $5.72 and a 12 month high of $10.47. The company has a current ratio of 2.89, a quick ratio of 1.66 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $6.50 and a 200-day moving average price of $7.34. The company has a market cap of $371.84 million, a price-to-earnings ratio of 36.38 and a beta of 2.61.
Oil States International Company 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.
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