Goehring & Rozencwajg Associates LLC cut its position in Oceaneering International, Inc. (NYSE:OII – Free Report) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 460,189 shares of the oil and gas company’s stock after selling 11,168 shares during the quarter. Oceaneering International comprises about 2.3% of Goehring & Rozencwajg Associates LLC’s portfolio, making the stock its 16th biggest holding. Goehring & Rozencwajg Associates LLC owned approximately 0.46% of Oceaneering International worth $11,334,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OII. Captrust Financial Advisors grew its stake in shares of Oceaneering International by 3.9% in the third quarter. Captrust Financial Advisors now owns 15,271 shares of the oil and gas company’s stock valued at $380,000 after acquiring an additional 578 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Oceaneering International by 6.3% during the third quarter. HighTower Advisors LLC now owns 11,616 shares of the oil and gas company’s stock worth $286,000 after purchasing an additional 687 shares during the period. Central Pacific Bank Trust Division raised its position in shares of Oceaneering International by 12.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 7,850 shares of the oil and gas company’s stock valued at $205,000 after buying an additional 840 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Oceaneering International by 108.3% in the third quarter. GAMMA Investing LLC now owns 2,716 shares of the oil and gas company’s stock valued at $68,000 after buying an additional 1,412 shares during the period. Finally, R Squared Ltd bought a new stake in shares of Oceaneering International in the fourth quarter valued at approximately $40,000. 93.93% of the stock is owned by institutional investors and hedge funds.
Oceaneering International Price Performance
OII stock opened at $24.69 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.76 and a quick ratio of 1.46. The company’s 50-day moving average is $26.25 and its 200-day moving average is $26.26. The stock has a market capitalization of $2.50 billion, a PE ratio of 18.70 and a beta of 2.38. Oceaneering International, Inc. has a 1 year low of $19.68 and a 1 year high of $30.98.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on OII
Oceaneering International Company 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.
Featured Articles
- Five stocks we like better than Oceaneering International
- How to trade using analyst ratings
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- How to Calculate Stock Profit
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- Why Are Stock Sectors Important to Successful Investing?
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding OII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oceaneering International, Inc. (NYSE:OII – Free Report).
Receive News & Ratings for Oceaneering International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oceaneering International and related companies with MarketBeat.com's FREE daily email newsletter.