Sanctuary Wealth Advisors LLC maintained its position in Team, Inc. (NYSE:TISI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,007 shares of the business services provider’s stock at the end of the second quarter. Sanctuary Wealth Advisors LLC’s holdings in Team were worth $117,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue increased its position in Team by 79.9% in the second quarter. State of Alaska Department of Revenue now owns 5,883 shares of the business services provider’s stock worth $137,000 after buying an additional 2,613 shares during the period. UBS Group AG increased its position in Team by 21.6% in the first quarter. UBS Group AG now owns 5,642 shares of the business services provider’s stock worth $152,000 after buying an additional 1,003 shares during the period. Municipal Employees Retirement System of Michigan increased its position in Team by 4.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,960 shares of the business services provider’s stock worth $163,000 after buying an additional 300 shares during the period. Mason Street Advisors LLC increased its position in Team by 7.0% in the first quarter. Mason Street Advisors LLC now owns 6,897 shares of the business services provider’s stock worth $187,000 after buying an additional 452 shares during the period. Finally, Strs Ohio purchased a new position in Team during the first quarter worth approximately $229,000. Institutional investors own 93.67% of the company’s stock.

Team, Inc. (NYSE:TISI) opened at 13.15 on Monday. Team, Inc. has a 12-month low of $12.92 and a 12-month high of $39.70. The stock’s market capitalization is $392.05 million. The stock has a 50 day moving average price of $22.40 and a 200-day moving average price of $27.02.

Team (NYSE:TISI) last announced its quarterly earnings results on Tuesday, May 9th. The business services provider reported ($0.24) earnings per share for the quarter. Team had a positive return on equity of 1.02% and a negative net margin of 1.28%. The company had revenue of $286.55 million during the quarter, compared to analyst estimates of $303.30 million. Equities research analysts expect that Team, Inc. will post ($0.14) EPS for the current year.

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A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded Team from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 18th. BidaskClub downgraded Team from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st. Johnson Rice downgraded Team from a “buy” rating to a “hold” rating and cut their price objective for the stock from $36.00 to $26.00 in a report on Tuesday, July 25th. Stephens downgraded Team from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $34.00 to $19.00 in a report on Tuesday, July 25th. Finally, ValuEngine downgraded Team from a “hold” rating to a “sell” rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Team currently has a consensus rating of “Hold” and an average target price of $22.50.

Team Company Profile

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

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Institutional Ownership by Quarter for Team (NYSE:TISI)

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