GSA Capital Partners LLP acquired a new stake in shares of Hornbeck Offshore Services (NYSE:HOS) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 48,433 shares of the company’s stock, valued at approximately $404,000. GSA Capital Partners LLP owned about 0.13% of Hornbeck Offshore Services at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kennedy Capital Management Inc. raised its position in Hornbeck Offshore Services by 45.5% in the first quarter. Kennedy Capital Management Inc. now owns 800,886 shares of the company’s stock valued at $7,953,000 after buying an additional 250,302 shares in the last quarter. Pacific Global Investment Management CO raised its position in Hornbeck Offshore Services by 10.5% in the first quarter. Pacific Global Investment Management CO now owns 599,307 shares of the company’s stock valued at $5,951,000 after buying an additional 56,960 shares in the last quarter. NFC Investments LLC raised its position in Hornbeck Offshore Services by 29.7% in the first quarter. NFC Investments LLC now owns 288,100 shares of the company’s stock valued at $2,861,000 after buying an additional 66,000 shares in the last quarter. Burgundy Asset Management Ltd. raised its position in Hornbeck Offshore Services by 2.7% in the first quarter. Burgundy Asset Management Ltd. now owns 223,504 shares of the company’s stock valued at $2,219,000 after buying an additional 5,945 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Hornbeck Offshore Services by 5.7% in the first quarter. Franklin Resources Inc. now owns 221,000 shares of the company’s stock valued at $2,195,000 after buying an additional 11,900 shares in the last quarter.

Shares of Hornbeck Offshore Services (NYSE:HOS) traded up 2.20% during mid-day trading on Wednesday, reaching $5.10. 994,628 shares of the company’s stock were exchanged. The stock’s market cap is $185.31 million. Hornbeck Offshore Services has a 52-week low of $4.92 and a 52-week high of $17.80. The stock’s 50-day moving average is $5.71 and its 200-day moving average is $8.44.

Hornbeck Offshore Services (NYSE:HOS) last announced its earnings results on Wednesday, August 3rd. The company reported ($0.57) EPS for the quarter, missing the consensus estimate of ($0.39) by $0.18. The company had revenue of $53.67 million for the quarter, compared to analyst estimates of $66.74 million. Hornbeck Offshore Services had a negative return on equity of 1.60% and a negative net margin of 4.87%. The business’s quarterly revenue was down 60.7% on a year-over-year basis. During the same quarter last year, the business posted $0.53 earnings per share. On average, equities analysts expect that Hornbeck Offshore Services will post ($1.93) EPS for the current year.

Several analysts have commented on HOS shares. Zacks Investment Research downgraded shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 20th. TheStreet downgraded shares of Hornbeck Offshore Services from a “hold” rating to a “sell” rating in a research report on Wednesday, August 3rd. Finally, Iberia Capital downgraded shares of Hornbeck Offshore Services from a “sector perform” rating to an “underperform” rating in a research report on Friday, August 5th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. Hornbeck Offshore Services has an average rating of “Hold” and an average target price of $12.39.

About Hornbeck Offshore Services

Hornbeck Offshore Services Inc provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations.

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