WINTON GROUP Ltd Has $597,000 Stake in Civeo Co. (NYSE:CVEO)

WINTON GROUP Ltd increased its holdings in shares of Civeo Co. (NYSE:CVEO) by 218.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,256 shares of the business services provider’s stock after acquiring an additional 18,013 shares during the quarter. WINTON GROUP Ltd owned about 0.19% of Civeo worth $597,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in shares of Civeo in the third quarter valued at $68,000. SG Americas Securities LLC grew its stake in Civeo by 42.4% in the 4th quarter. SG Americas Securities LLC now owns 6,552 shares of the business services provider’s stock valued at $149,000 after buying an additional 1,950 shares during the last quarter. State Street Corp bought a new position in Civeo in the 3rd quarter valued at about $222,000. XTX Topco Ltd bought a new stake in shares of Civeo during the third quarter worth approximately $231,000. Finally, LPL Financial LLC grew its position in shares of Civeo by 11.1% in the fourth quarter. LPL Financial LLC now owns 25,687 shares of the business services provider’s stock valued at $584,000 after purchasing an additional 2,575 shares during the last quarter. Institutional investors own 81.44% of the company’s stock.

Civeo Price Performance

NYSE:CVEO opened at $22.98 on Friday. Civeo Co. has a 52 week low of $20.26 and a 52 week high of $28.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.36. The firm’s 50-day simple moving average is $23.41 and its 200 day simple moving average is $24.58. The firm has a market cap of $313.77 million, a price-to-earnings ratio of 16.41 and a beta of 2.03.

Civeo Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were given a $0.25 dividend. The ex-dividend date was Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.35%. Civeo’s payout ratio is -80.00%.

Analysts Set New Price Targets

Separately, StockNews.com cut Civeo from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 29th.

Civeo Company Profile

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.