Integrated Investment Consultants LLC Has $494,000 Stake in Oceaneering International, Inc. (NYSE:OII)

Integrated Investment Consultants LLC trimmed its holdings in Oceaneering International, Inc. (NYSE:OII) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,847 shares of the oil and gas company’s stock after selling 686 shares during the period. Integrated Investment Consultants LLC’s holdings in Oceaneering International were worth $494,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wedge Capital Management L L P NC grew its stake in shares of Oceaneering International by 0.7% in the second quarter. Wedge Capital Management L L P NC now owns 66,685 shares of the oil and gas company’s stock worth $1,578,000 after purchasing an additional 450 shares during the last quarter. Arizona State Retirement System grew its stake in shares of Oceaneering International by 2.0% in the second quarter. Arizona State Retirement System now owns 28,222 shares of the oil and gas company’s stock worth $668,000 after purchasing an additional 540 shares during the last quarter. Shell Asset Management Co. grew its stake in shares of Oceaneering International by 5.2% in the first quarter. Shell Asset Management Co. now owns 15,086 shares of the oil and gas company’s stock worth $353,000 after purchasing an additional 749 shares during the last quarter. Isthmus Partners LLC grew its stake in shares of Oceaneering International by 0.9% in the second quarter. Isthmus Partners LLC now owns 111,125 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 968 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of Oceaneering International by 9.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,500 shares of the oil and gas company’s stock worth $272,000 after purchasing an additional 1,013 shares during the last quarter. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Oceaneering International Trading Up 3.1 %

Shares of OII stock opened at $28.83 on Friday. Oceaneering International, Inc. has a 52-week low of $18.67 and a 52-week high of $30.45. The company has a 50-day simple moving average of $25.81 and a two-hundred day simple moving average of $24.98. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 21.84 and a beta of 2.35. 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 (NYSE:OII) last released its earnings results on Wednesday, October 23rd. The oil and gas company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.08). Oceaneering International had a net margin of 5.22% and a return on equity of 15.11%. The company had revenue of $679.81 million for the quarter, compared to the consensus estimate of $693.69 million. During the same period in the prior year, the company earned $0.38 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Research analysts anticipate that Oceaneering International, Inc. will post 1.39 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Karen H. Beachy sold 3,300 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $22.94, for a total transaction of $75,702.00. Following the transaction, the director now owns 28,229 shares of the company’s stock, valued at approximately $647,573.26. This trade represents a 10.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on OII shares. Benchmark restated a “buy” rating and issued a $34.00 target price on shares of Oceaneering International in a report on Friday, October 25th. Barclays dropped their target price on shares of Oceaneering International from $24.00 to $22.00 and set an “underweight” rating on the stock in a report on Thursday, October 31st.

Oceaneering International Profile

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.