Morgan Dempsey Capital Management LLC decreased its position in shares of Oil States International, Inc. (NYSE:OIS) by 0.1% during the second quarter, Holdings Channel reports. The fund owned 24,024 shares of the oil and gas company’s stock after selling 15 shares during the period. Morgan Dempsey Capital Management LLC’s holdings in Oil States International were worth $652,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Canada Pension Plan Investment Board boosted its position in Oil States International by 49.4% in the first quarter. Canada Pension Plan Investment Board now owns 76,800 shares of the oil and gas company’s stock worth $2,546,000 after buying an additional 25,400 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Oil States International by 14.2% in the first quarter. Eagle Asset Management Inc. now owns 46,685 shares of the oil and gas company’s stock worth $1,547,000 after buying an additional 5,793 shares during the last quarter. American International Group Inc. boosted its position in Oil States International by 4.1% in the first quarter. American International Group Inc. now owns 132,308 shares of the oil and gas company’s stock worth $4,386,000 after buying an additional 5,233 shares during the last quarter. United Services Automobile Association boosted its position in Oil States International by 4.7% in the first quarter. United Services Automobile Association now owns 334,000 shares of the oil and gas company’s stock worth $11,072,000 after buying an additional 15,000 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Oil States International by 7.2% in the first quarter. Geode Capital Management LLC now owns 403,234 shares of the oil and gas company’s stock worth $13,367,000 after buying an additional 27,159 shares during the last quarter.

Shares of Oil States International, Inc. (NYSE:OIS) opened at 23.25 on Thursday. Oil States International, Inc. has a one year low of $23.20 and a one year high of $41.75. The stock’s 50 day moving average price is $26.35 and its 200 day moving average price is $31.20. The stock’s market capitalization is $1.19 billion.

Oil States International (NYSE:OIS) last issued its quarterly earnings data on Monday, July 31st. The oil and gas company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.24) by $0.03. Oil States International had a negative net margin of 7.94% and a negative return on equity of 4.21%. The business had revenue of $171.40 million during the quarter, compared to analyst estimates of $176.08 million. During the same period in the previous year, the business posted ($0.22) earnings per share. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. Equities research analysts predict that Oil States International, Inc. will post ($0.97) EPS for the current fiscal year.

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OIS has been the topic of a number of analyst reports. Deutsche Bank AG reaffirmed a “hold” rating and set a $35.00 price objective (down from $37.00) on shares of Oil States International in a research report on Tuesday, May 30th. BMO Capital Markets set a $35.00 price objective on Oil States International and gave the company a “hold” rating in a research report on Wednesday, April 12th. BidaskClub raised Oil States International from a “strong sell” rating to a “sell” rating in a research report on Saturday, July 1st. Wolfe Research cut Oil States International from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 6th. Finally, Loop Capital reissued a “buy” rating on shares of Oil States International in a report on Monday, July 3rd. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. Oil States International presently has an average rating of “Hold” and a consensus price target of $35.00.

Oil States International Company Profile

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

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Institutional Ownership by Quarter for Oil States International (NYSE:OIS)

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