Shares of Frank’s International N.V. (NYSE:FI) have received an average rating of “Hold” from the fourteen brokerages that are covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $8.78.

Several research analysts have commented on FI shares. Royal Bank Of Canada reaffirmed a “buy” rating and set a $10.00 target price on shares of Frank’s International N.V. in a report on Friday, September 1st. Barclays PLC cut their target price on Frank’s International N.V. from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 8th. Capital One Financial Corporation reaffirmed an “equal weight” rating on shares of Frank’s International N.V. in a report on Monday, August 7th. Piper Jaffray Companies set a $8.00 target price on Frank’s International N.V. and gave the stock a “hold” rating in a report on Monday, August 7th. Finally, Jefferies Group LLC reaffirmed a “hold” rating on shares of Frank’s International N.V. in a report on Friday, July 21st.

Frank’s International N.V. (NYSE FI) traded up 0.82% during midday trading on Friday, reaching $7.34. The company had a trading volume of 636,405 shares. Frank’s International N.V. has a 12-month low of $6.03 and a 12-month high of $13.57. The stock has a 50-day moving average price of $7.15 and a 200 day moving average price of $8.11. The company’s market capitalization is $1.64 billion.

Frank’s International N.V. (NYSE:FI) last announced its earnings results on Monday, August 7th. The pipeline company reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.02). The company had revenue of $117.70 million for the quarter, compared to analyst estimates of $113.41 million. Frank’s International N.V. had a negative return on equity of 8.97% and a negative net margin of 35.28%. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.20) earnings per share. Equities analysts forecast that Frank’s International N.V. will post ($0.42) EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Thursday, August 31st were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend was Tuesday, August 29th. Frank’s International N.V.’s dividend payout ratio (DPR) is presently -40.00%.

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In related news, major shareholder Wbm Partnership, Lp sold 250,000 shares of the business’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $6.15, for a total value of $1,537,500.00. Following the completion of the sale, the insider now directly owns 9,807,351 shares of the company’s stock, valued at approximately $60,315,208.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Alejandro Cestero sold 7,355 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $6.81, for a total value of $50,087.55. Following the completion of the sale, the senior vice president now directly owns 2,442 shares of the company’s stock, valued at $16,630.02. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,907,355 shares of company stock valued at $33,779,088. Corporate insiders own 77.90% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. UBS Group AG increased its position in Frank’s International N.V. by 2,045.1% in the 1st quarter. UBS Group AG now owns 107,167 shares of the pipeline company’s stock valued at $1,133,000 after buying an additional 102,171 shares in the last quarter. Morgan Stanley increased its position in Frank’s International N.V. by 244.4% in the 1st quarter. Morgan Stanley now owns 137,236 shares of the pipeline company’s stock valued at $1,451,000 after buying an additional 97,391 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Frank’s International N.V. in the 1st quarter valued at about $6,420,000. Tocqueville Asset Management L.P. increased its position in Frank’s International N.V. by 43.4% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 957,900 shares of the pipeline company’s stock valued at $7,941,000 after buying an additional 290,000 shares in the last quarter. Finally, Kelman Lazarov Inc. increased its position in Frank’s International N.V. by 115.6% in the 2nd quarter. Kelman Lazarov Inc. now owns 24,250 shares of the pipeline company’s stock valued at $201,000 after buying an additional 13,000 shares in the last quarter. 30.38% of the stock is owned by institutional investors and hedge funds.

Frank’s International N.V. Company Profile

Frank’s International N.V. (FINV) is a provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the oil and gas industry. The Company operates through four business segments: International Services, U. S. Services, Tubular Sales and Blackhawk.

Analyst Recommendations for Frank`s International N.V. (NYSE:FI)

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