California Public Employees Retirement System increased its stake in shares of Overseas Shipholding Group, Inc. (NYSE:OSG) by 148.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,551 shares of the transportation company’s stock after acquiring an additional 60,100 shares during the period. California Public Employees Retirement System owned about 0.14% of Overseas Shipholding Group worth $267,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Alliancebernstein L.P. increased its stake in Overseas Shipholding Group by 0.4% in the 1st quarter. Alliancebernstein L.P. now owns 26,400 shares of the transportation company’s stock valued at $102,000 after buying an additional 100 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in Overseas Shipholding Group by 84.1% in the 1st quarter. TIAA CREF Investment Management LLC now owns 344,570 shares of the transportation company’s stock valued at $1,330,000 after buying an additional 157,402 shares during the last quarter. Vanguard Group Inc. increased its stake in Overseas Shipholding Group by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 3,361,063 shares of the transportation company’s stock valued at $12,973,000 after buying an additional 10,679 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Overseas Shipholding Group by 86.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 822,484 shares of the transportation company’s stock valued at $3,175,000 after buying an additional 382,350 shares during the last quarter. Finally, KCG Holdings Inc. acquired a new stake in Overseas Shipholding Group in the 1st quarter valued at $188,000. Institutional investors and hedge funds own 61.92% of the company’s stock.

Separately, ValuEngine lowered shares of Overseas Shipholding Group from a “hold” rating to a “sell” rating in a research note on Thursday, September 7th.

Shares of Overseas Shipholding Group, Inc. (OSG) traded up $0.18 during mid-day trading on Wednesday, reaching $2.86. 328,700 shares of the company’s stock traded hands, compared to its average volume of 554,412. The company has a quick ratio of 2.26, a current ratio of 2.38 and a debt-to-equity ratio of 1.62. Overseas Shipholding Group, Inc. has a 12-month low of $1.96 and a 12-month high of $8.26. The firm has a market cap of $214.62 and a price-to-earnings ratio of 3.49.

Overseas Shipholding Group (NYSE:OSG) last announced its quarterly earnings data on Thursday, November 9th. The transportation company reported ($0.07) EPS for the quarter. Overseas Shipholding Group had a negative net margin of 66.23% and a positive return on equity of 26.01%. The firm had revenue of $93.27 million during the quarter. During the same period in the previous year, the business posted ($0.59) earnings per share.

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Overseas Shipholding Group Profile

Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.

Institutional Ownership by Quarter for Overseas Shipholding Group (NYSE:OSG)

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