California State Teachers Retirement System lessened its stake in shares of Oil States International, Inc. (NYSE:OIS) by 10.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,168 shares of the oil and gas company’s stock after selling 9,808 shares during the period. California State Teachers Retirement System’s holdings in Oil States International were worth $2,058,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of OIS. Riverhead Capital Management LLC increased its holdings in Oil States International by 95.8% during the second quarter. Riverhead Capital Management LLC now owns 4,894 shares of the oil and gas company’s stock worth $133,000 after buying an additional 2,394 shares during the last quarter. Teachers Advisors LLC increased its holdings in Oil States International by 7.1% during the second quarter. Teachers Advisors LLC now owns 95,379 shares of the oil and gas company’s stock worth $2,590,000 after buying an additional 6,320 shares during the last quarter. TIAA CREF Investment Management LLC increased its holdings in Oil States International by 1.7% during the second quarter. TIAA CREF Investment Management LLC now owns 142,197 shares of the oil and gas company’s stock worth $3,861,000 after buying an additional 2,337 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Oil States International by 9.4% during the second quarter. Ameriprise Financial Inc. now owns 155,446 shares of the oil and gas company’s stock worth $4,220,000 after buying an additional 13,350 shares during the last quarter. Finally, Nationwide Fund Advisors increased its holdings in Oil States International by 8.2% during the second quarter. Nationwide Fund Advisors now owns 206,071 shares of the oil and gas company’s stock worth $5,595,000 after buying an additional 15,687 shares during the last quarter.

Oil States International, Inc. (NYSE:OIS) opened at $33.35 on Wednesday. The firm has a market cap of $1,740.00, a PE ratio of -29.00 and a beta of 1.68. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.09 and a quick ratio of 2.60. Oil States International, Inc. has a 12 month low of $20.23 and a 12 month high of $41.15.

Oil States International (NYSE:OIS) last posted its earnings results on Thursday, October 26th. The oil and gas company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.02). Oil States International had a negative return on equity of 4.62% and a negative net margin of 8.77%. The business had revenue of $164.00 million during the quarter, compared to analysts’ expectations of $166.94 million. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. equities research analysts expect that Oil States International, Inc. will post -1.1 EPS for the current fiscal year.

OIS has been the subject of a number of research analyst reports. BMO Capital Markets decreased their price objective on shares of Oil States International from $24.00 to $22.00 and set a “market perform” rating for the company in a report on Thursday, November 9th. JPMorgan Chase & Co. set a $29.00 target price on shares of Oil States International and gave the stock a “buy” rating in a research note on Thursday, December 21st. Deutsche Bank began coverage on shares of Oil States International in a research note on Tuesday, October 10th. They issued a “hold” rating and a $26.00 target price for the company. Raymond James Financial reiterated a “buy” rating on shares of Oil States International in a research note on Tuesday, December 12th. Finally, Royal Bank of Canada set a $28.00 target price on shares of Oil States International and gave the stock a “hold” rating in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company’s stock. Oil States International has a consensus rating of “Hold” and an average target price of $30.82.

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About Oil States International

Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and natural gas related companies throughout the world. The Company operates as a technology-focused energy services company. The Company operates through two segments: Offshore Products and Well Site Services.

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Institutional Ownership by Quarter for Oil States International (NYSE:OIS)

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