Empowered Funds LLC lifted its holdings in shares of Oceaneering International, Inc. (NYSE:OII – Free Report) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,466 shares of the oil and gas company’s stock after purchasing an additional 757 shares during the period. Empowered Funds LLC’s holdings in Oceaneering International were worth $3,090,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Oceaneering International in the fourth quarter valued at approximately $40,000. Farther Finance Advisors LLC increased its stake in shares of Oceaneering International by 3,594.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,958 shares of the oil and gas company’s stock valued at $49,000 after acquiring an additional 1,905 shares in the last quarter. Millburn Ridgefield Corp acquired a new position in shares of Oceaneering International during the 3rd quarter valued at $57,000. KBC Group NV boosted its stake in Oceaneering International by 72.6% during the fourth quarter. KBC Group NV now owns 5,210 shares of the oil and gas company’s stock worth $136,000 after acquiring an additional 2,192 shares in the last quarter. Finally, CWM LLC grew its holdings in Oceaneering International by 165.5% in the third quarter. CWM LLC now owns 6,935 shares of the oil and gas company’s stock worth $172,000 after purchasing an additional 4,323 shares during the period. Institutional investors and hedge funds own 93.93% of the company’s stock.
Oceaneering International Price Performance
Shares of NYSE OII opened at $25.31 on Friday. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 19.18 and a beta of 2.38. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.46 and a current ratio of 1.76. Oceaneering International, Inc. has a fifty-two week low of $19.68 and a fifty-two week high of $30.98. The firm’s 50-day simple moving average is $25.91 and its 200 day simple moving average is $26.19.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Oceaneering International
About Oceaneering International
Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.
Featured Stories
- Five stocks we like better than Oceaneering International
- Insider Trades May Not Tell You What You Think
- Upstart’s Uptrend Is Just Getting Started: Its Time to Load Up
- 3 REITs to Buy and Hold for the Long Term
- Archer Aviation Lands BlackRock Investment—What’s Next for ACHR?
- What is a buyback in stocks? A comprehensive guide for investors
- Buffett Buys More Occidental Petroleum—Sticking to His Playbook
Want to see what other hedge funds are holding OII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oceaneering International, Inc. (NYSE:OII – Free Report).
Receive News & Ratings for Oceaneering International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceaneering International and related companies with MarketBeat.com's FREE daily email newsletter.