Foundry Partners LLC lifted its holdings in shares of Oceaneering International (NYSE:OII) by 21.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,985 shares of the oil and gas company’s stock after buying an additional 3,210 shares during the period. Foundry Partners LLC’s holdings in Oceaneering International were worth $380,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Hermes Investment Management Ltd. raised its stake in shares of Oceaneering International by 8.0% during the 4th quarter. Hermes Investment Management Ltd. now owns 714,896 shares of the oil and gas company’s stock worth $15,113,000 after buying an additional 52,994 shares during the period. SG Americas Securities LLC raised its stake in shares of Oceaneering International by 321.5% during the 4th quarter. SG Americas Securities LLC now owns 61,954 shares of the oil and gas company’s stock worth $1,310,000 after buying an additional 47,255 shares during the period. Fisher Asset Management LLC raised its stake in shares of Oceaneering International by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 670,658 shares of the oil and gas company’s stock worth $14,178,000 after buying an additional 14,926 shares during the period. First Quadrant L P CA raised its stake in shares of Oceaneering International by 17.5% during the 4th quarter. First Quadrant L P CA now owns 1,213,675 shares of the oil and gas company’s stock worth $25,657,000 after buying an additional 180,737 shares during the period. Finally, State of Alaska Department of Revenue acquired a new position in shares of Oceaneering International during the 4th quarter worth approximately $120,000. 99.69% of the stock is owned by institutional investors and hedge funds.

OII has been the subject of several recent research reports. Scotiabank reissued a “sector perform” rating on shares of Oceaneering International in a research note on Friday, January 12th. Wells Fargo & Co reissued an “underperform” rating on shares of Oceaneering International in a research note on Friday, January 12th. Scotia Howard Weill reissued a “sector perform” rating on shares of Oceaneering International in a research note on Friday, January 12th. Howard Weil downgraded Oceaneering International from a “sector outperform” rating to a “sector perform” rating in a research note on Friday, January 12th. Finally, Cowen set a $27.00 price objective on Oceaneering International and gave the company a “hold” rating in a research note on Thursday, January 11th. Eight research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the company’s stock. Oceaneering International has a consensus rating of “Hold” and an average price target of $23.46.

Shares of Oceaneering International (OII) opened at $20.68 on Thursday. Oceaneering International has a 52 week low of $17.11 and a 52 week high of $29.53. The stock has a market capitalization of $2,030.00, a price-to-earnings ratio of -108.84 and a beta of 1.62. The company has a quick ratio of 2.14, a current ratio of 2.67 and a debt-to-equity ratio of 0.53.

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Oceaneering International Profile

Oceaneering International, Inc is an oilfield provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The Company’s business segments are contained within two businesses: services and products provided to the oil and gas industry (Oilfield) and all other services and products (Advanced Technologies).

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Institutional Ownership by Quarter for Oceaneering International (NYSE:OII)

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