Northern Trust Corp raised its holdings in Overseas Shipholding Group, Inc. Class A (NYSE:OSG) by 10.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 462,689 shares of the transportation company’s stock after buying an additional 45,327 shares during the quarter. Northern Trust Corp owned about 0.62% of Overseas Shipholding Group, Inc. Class A worth $1,231,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Alliancebernstein L.P. raised its stake in Overseas Shipholding Group, Inc. Class A 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 during the last quarter. California Public Employees Retirement System purchased a new position in shares of Overseas Shipholding Group, Inc. Class A in the first quarter worth about $156,000. Marshall Wace North America L.P. purchased a new position in shares of Overseas Shipholding Group, Inc. Class A in the second quarter worth about $136,000. Prudential Financial Inc. purchased a new position in shares of Overseas Shipholding Group, Inc. Class A in the second quarter worth about $130,000. Finally, Rhumbline Advisers raised its stake in shares of Overseas Shipholding Group, Inc. Class A by 20.9% in the second quarter. Rhumbline Advisers now owns 49,880 shares of the transportation company’s stock worth $133,000 after purchasing an additional 8,611 shares during the last quarter. Institutional investors own 62.04% of the company’s stock.

Shares of Overseas Shipholding Group, Inc. Class A (OSG) traded down $0.08 during trading hours on Wednesday, hitting $2.86. The stock had a trading volume of 474,700 shares, compared to its average volume of 554,574. Overseas Shipholding Group, Inc. Class A has a 1 year low of $1.96 and a 1 year high of $5.66. The stock has a market capitalization of $220.63, a PE ratio of 3.82 and a beta of 2.39. The company has a debt-to-equity ratio of 1.62, a quick ratio of 2.26 and a current ratio of 2.38.

Overseas Shipholding Group, Inc. Class A (NYSE:OSG) last announced its quarterly earnings data on Thursday, November 9th. The transportation company reported ($0.07) earnings per share (EPS) for the quarter. Overseas Shipholding Group, Inc. Class A had a positive return on equity of 26.01% and a negative net margin of 66.23%. The firm had revenue of $93.27 million during the quarter. During the same period last year, the firm posted ($0.59) EPS.

Separately, ValuEngine upgraded Overseas Shipholding Group, Inc. Class A from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.

In other news, major shareholder Paulson & Co. Inc. sold 16,006 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $2.66, for a total value of $42,575.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.77% of the company’s stock.

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About Overseas Shipholding Group, Inc. Class A

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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Institutional Ownership by Quarter for Overseas Shipholding Group, Inc. Class A (NYSE:OSG)

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