Jane Street Group LLC increased its holdings in McDermott International Inc (NYSE:MDR) by 37.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,159 shares of the oil and gas company’s stock after purchasing an additional 12,455 shares during the period. Jane Street Group LLC’s holdings in McDermott International were worth $302,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. BlackRock Inc. raised its position in McDermott International by 0.5% in the fourth quarter. BlackRock Inc. now owns 21,200,739 shares of the oil and gas company’s stock worth $138,654,000 after purchasing an additional 109,088 shares in the last quarter. Vanguard Group Inc. raised its position in McDermott International by 0.5% in the third quarter. Vanguard Group Inc. now owns 15,799,391 shares of the oil and gas company’s stock worth $291,183,000 after purchasing an additional 84,954 shares in the last quarter. Vanguard Group Inc raised its position in McDermott International by 0.5% in the third quarter. Vanguard Group Inc now owns 15,799,391 shares of the oil and gas company’s stock worth $291,183,000 after purchasing an additional 84,954 shares in the last quarter. Dimensional Fund Advisors LP raised its position in McDermott International by 3.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,234,912 shares of the oil and gas company’s stock worth $60,399,000 after purchasing an additional 269,091 shares in the last quarter. Finally, LSV Asset Management raised its position in McDermott International by 16.4% in the fourth quarter. LSV Asset Management now owns 6,957,866 shares of the oil and gas company’s stock worth $45,504,000 after purchasing an additional 980,717 shares in the last quarter. 88.60% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently issued reports on the stock. ValuEngine raised shares of McDermott International from a “strong sell” rating to a “sell” rating in a research report on Friday, March 1st. TheStreet lowered shares of McDermott International from a “c-” rating to a “d” rating in a research report on Monday, March 11th. Finally, Zacks Investment Research raised shares of McDermott International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. One analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The company presently has an average rating of “Hold” and an average price target of $23.50.

NYSE MDR opened at $9.14 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.70 and a debt-to-equity ratio of 4.20. McDermott International Inc has a 1-year low of $6.10 and a 1-year high of $23.36.

McDermott International (NYSE:MDR) last posted its quarterly earnings data on Monday, February 25th. The oil and gas company reported ($1.55) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($1.76). The firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.64 billion. McDermott International had a negative return on equity of 3.20% and a negative net margin of 40.07%. The business’s quarterly revenue was up 188.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.30 EPS. As a group, analysts forecast that McDermott International Inc will post 1.69 EPS for the current fiscal year.

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McDermott International Company Profile

McDermott International, Inc provides engineering, procurement, construction and installation, and technology solutions to the energy industry worldwide. It operates through five segments: North, Central and South America; Europe, Africa, Russia and Caspian; the Middle East and North Africa; Asia Pacific; and Technology.

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Institutional Ownership by Quarter for McDermott International (NYSE:MDR)

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