Oil States International, Inc. (NYSE:OIS) shares purchased from Mutual of America Capital Management LLC

NYSE: Oil States International, Inc. Oil States International, Inc. (NYSE: OIS) Shares Purchased by Mutual of America Capital Management LLC increased its stake in Oil States International, Inc.

OIS – Get Rating) during the third quarter, as stated in the company's most recent SEC filing. After purchasing an additional 2,316 shares during the quarter, the company now owned 12,711 shares of the stock of the oil and gas company.

As of Mutual of America Capital Management LLC's most recent SEC filing, its Oil States International holdings were worth $49,000.

The company's property in the stock market

The company's holdings have also been modified recently by other hedge funds. During the second quarter, C M Bidwell & Associates Ltd. put $27,000 into a new position in shares of Oil States International.

During the third quarter, Ellevest Inc. established a new position worth $31,000 in shares of Oil States International. In the first quarter, MetLife Investment Management LLC increased its stake in Oil States International by 23.8%. After acquiring an additional 5,864 shares during the most recent quarter, MetLife Investment Management LLC now owns 30,522 shares of the oil and gas company's stock, worth $212,000.

In the third quarter, SG Americas Securities LLC put $133,000 into a new position in Oil States International shares. Lastly, in the second quarter, Captrust Financial Advisors increased its stake in Oil States International shares by 266.5%. After acquiring an additional 26,669 shares over the preceding quarter, Captrust Financial Advisors now owns 36,675 shares of the oil and gas company's stock, which is worth $199,000. Hedge funds and institutional investors currently own 89.16% of the stock.

The Oil States' position on Wall Street

• Wall Street Analysts Project Growth A few brokerages have recently published OIS reports. In a statement released on Friday, November 18, Piper Sandler upgraded their Oil States International target price from $5.00 to $9.00 and assigned the stock a "neutral" rating. In a report published on Monday, January 30, TheStreet upgraded Oil States International from a "d+" rating to a "c-" rating.

• Performance of Oil States International's Stock On Friday, shares of Oil States International's stock opened at $9.75. The stock has a beta of 2.98, a PE ratio of -60.94, and a market cap of $623.04 million.

• The company has a simple moving average of $7.95 over fifty days and a simple moving average of $6.29 over 200 days. The business has a debt-to-equity ratio of 0.20, a current ratio of 2.28, and a quick ratio of 1.34. Oil States International, Inc.'s 12-month low and high are $3.51 and $10.44, respectively.

Company earnings report

International Oil States (NYSE: On Friday, February 17th, OIS – Get Rating) released its most recent earnings report. The oil and gas company beat the consensus estimate for the quarter by $0.02, reporting EPS of $0.05. Compared to analysts' expectations of $198.63 million, the company's revenue for the quarter was $202.40 million.

Oil States International had a net margin of 1.29 percent and a negative return on equity of 2.09%. The same quarter last year saw a 25.5% increase in Oil States International's revenue.

Earnings per share for the company were $0.14 in the same quarter last year. Oil States International, Inc. is expected to report 0.27 EPS on average, according to sell-side analysts for the current fiscal year.

Oil States International, Inc. Provider of Diversified Goods and Services to the Oil and Gas, Industrial, and Military Sectors

Oil States International, Inc. provides manufactured goods and services to the drilling, completion, subsea, production, infrastructure, and industrial and military sectors of the oil and natural gas industry and the military and industrial sectors. 

It functions in the following ways: Offshore or manufactured goods, downhole technologies, and well-site services.