Zacks: Overseas Shipholding Group, Inc. (OSG) Receives Average Recommendation of “” from Brokerages
Shares of Overseas Shipholding Group, Inc. (NYSE:OSG) have been assigned a consensus broker rating score of 0.00 () from the zero analysts that cover the company, Zacks Investment Research reports.
Zacks has also assigned Overseas Shipholding Group an industry rank of 190 out of 265 based on the ratings given to related companies.
Shares of Overseas Shipholding Group (OSG) traded up 1.19% on Thursday, hitting $2.56. 321,613 shares of the stock traded hands. The stock’s market cap is $190.22 million. The stock has a 50 day moving average of $2.83 and a 200-day moving average of $3.92. Overseas Shipholding Group has a 1-year low of $2.30 and a 1-year high of $13.15.
Overseas Shipholding Group (NYSE:OSG) last released its quarterly earnings data on Wednesday, May 10th. The transportation company reported $0.06 earnings per share (EPS) for the quarter. Overseas Shipholding Group had a positive return on equity of 11.16% and a negative net margin of 53.02%. The company had revenue of $108.12 million during the quarter. On average, equities research analysts expect that Overseas Shipholding Group will post $0.87 EPS for the current year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. increased its position in Overseas Shipholding Group by 0.4% in the first 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 in the last quarter. Nationwide Fund Advisors increased its position in Overseas Shipholding Group by 16.4% in the first quarter. Nationwide Fund Advisors now owns 28,018 shares of the transportation company’s stock valued at $108,000 after buying an additional 3,938 shares in the last quarter. Vanguard Group Inc. increased its position in Overseas Shipholding Group by 0.3% in the first 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 in the last quarter. Renaissance Technologies LLC increased its position in Overseas Shipholding Group by 45.1% in the fourth quarter. Renaissance Technologies LLC now owns 42,500 shares of the transportation company’s stock valued at $163,000 after buying an additional 13,200 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. increased its position in Overseas Shipholding Group by 10.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 201,130 shares of the transportation company’s stock valued at $776,000 after buying an additional 19,800 shares in the last quarter. 58.46% of the stock is owned by institutional investors.
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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.
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