Overseas Shipholding Group Inc. (NYSE:OSG) announced its quarterly earnings data on Wednesday. The company reported ($1.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $1.16. The company had revenue of $194.95 million for the quarter, compared to analyst estimates of $179 million. Overseas Shipholding Group had a return on equity of 16.91% and a net margin of 27.69%.

Overseas Shipholding Group (NYSE:OSG) opened at 8.49 on Friday. The firm’s 50-day moving average is $9.78 and its 200 day moving average is $10.87. The firm’s market capitalization is $526.80 million. Overseas Shipholding Group has a one year low of $8.05 and a one year high of $13.15.

Earnings History for Overseas Shipholding Group (NYSE:OSG)

Hedge funds and other institutional investors have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC acquired a new stake in Overseas Shipholding Group during the second quarter valued at approximately $100,000. Morgan Stanley increased its stake in Overseas Shipholding Group by 7.2% in the third quarter. Morgan Stanley now owns 9,604 shares of the company’s stock valued at $101,000 after buying an additional 646 shares in the last quarter. Kellner Capital LLC acquired a new stake in Overseas Shipholding Group during the third quarter valued at approximately $111,000. Ameritas Investment Partners Inc. acquired a new stake in Overseas Shipholding Group during the second quarter valued at approximately $119,000. Finally, Strs Ohio acquired a new stake in Overseas Shipholding Group during the second quarter valued at approximately $131,000. 35.44% of the stock is currently owned by hedge funds and other institutional investors.

Overseas Shipholding Group Company 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.

5 Day Chart for NYSE:OSG

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