Oceaneering International, Inc. (NYSE:OII) Rating Lowered to Strong Sell at BidaskClub

Evrard Martin
Juillet 15, 2017

Nikko Asset Management Americas Inc. now owns 312,857 shares of the oil and gas company's stock valued at $8,472,000 after buying an additional 22,000 shares during the period. Smith A O now has $10.01B valuation. The stock rose 0.03% or $0.02 reaching $57.49 per share. About 304,353 shares traded. It has outperformed by 18.50% the S&P500. Out of 5 Wall Street analysts rating Oceaneering Intl, 0 give it "Buy", 0 "Sell" rating, while 5 recommend "Hold". The firm earned "Sector Perform" rating on Thursday, September 15 by RBC Capital Markets. The company was upgraded on Tuesday, July 28 by Global Hunter Securities.

Oceaneering International (NYSE:OII) opened at 22.85 on Friday. The stock has a consensus rating of "Hold" and a consensus target price of $29.00. The rating was maintained by BMO Capital Markets on Friday, July 7 with "Hold". The rating was initiated by Citigroup on Tuesday, September 27 with "Neutral". As per Wednesday, November 16, the company rating was downgraded by Morgan Stanley. The firm has "Hold" rating by Jefferies given on Monday, June 19. As per Friday, May 20, the company rating was upgraded by RBC Capital Markets. Tudor Pickering initiated coverage on Oceaneering International in a report on Thursday, March 23rd. The rating was maintained by Scotia Capital with "Buy" on Thursday, March 23. 44,490 shares were sold by JONES PAUL W, worth $2.20 million. STERN JAMES F also sold $1.37M worth of A. O. Smith Corp (NYSE:AOS) shares.

Wells Fargo & Company MN raised its stake in shares of Oceaneering International, Inc. First Republic Bank had 39 analyst reports since October 6, 2015 according to SRatingsIntel. Maxim Group maintained First Republic Bank (NYSE:FRC) rating on Monday, December 19. Vetr downgraded Starbucks Corporation (NASDAQ:SBUX) rating on Friday, August 28. The firm earned "Buy" rating on Friday, April 29 by Societe Generale. As per Tuesday, March 8, the company rating was initiated by Northland Capital. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Wednesday, July 12 with "Buy" rating. Its up 5.33, from 1.11 in 2016Q3. Moreover, Dean Capital Management has 1.61% invested in the company for 72,053 shares. Bluefin Trading Ltd Liability Corp stated it has 0.01% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 21,053 were accumulated by Force Capital Ltd Llc. The Segall Bryant & Hamill Llc holds 611,074 shares with $33.93 million value, up from 582,247 last quarter.

Ratings analysis reveals 27% of Oceaneering International's analysts are positive. State Bank Of Montreal Can invested 0% of its portfolio in A. O. Smith Corp (NYSE:AOS). Menta Ltd Liability holds 0.11% in A. O. Smith Corp (NYSE:AOS) or 28,113 shares. American Int Grp Inc reported 288,285 shares or 0.05% of all its holdings. Kanawha Mngmt Ltd Com owns 9,000 shares for 0.07% of their portfolio. Comerica Financial Bank has 0.04% invested in A. O. Smith Corp (NYSE:AOS) for 114,385 shares. Hsbc Hldgs Public Limited Liability Company reported 562,701 shares. Oceaneering International has a 52 week low of $20.74 and a 52 week high of $32.12. The company's market capitalization is $2.32 billion. The Company's business divisions are contained within two businesses: services and products provided to the gas and oil industry and all other services and products (Advanced Technologies). It now has negative earnings. The Company's four business divisions within the Oilfield business are Remotely Operated Vehicles (ROVs), Subsea Products, Subsea Projects and Asset Integrity.

Since January 1, 0001, it had 1 buying transaction, and 1 sale for $73,954 activity.

About 745,313 shares traded.

Investors sentiment increased to 1.03 in 2016 Q4. Its up 0.08, from 1.06 in 2016Q3. Oceaneering International had a positive return on equity of 2.72% and a negative net margin of 0.38%. 200 are owned by Baldwin Brothers Ma.

Oceaneering International (NYSE:OII) last posted its quarterly earnings data on Wednesday, April 26th. Gamco Incorporated Et Al holds 0.07% or 394,884 shares. Colony Gp Limited Co holds 0.04% or 6,165 shares in its portfolio.

Oceaneering International, Inc.is an oilfield well-known provider of engineered services and products, primarily to the offshore gas and oil industry, with a focus on deepwater applications. State Common Retirement Fund owns 490,235 shares. Telos Mgmt owns 12,102 shares. Massmutual Fsb Adv invested in 0% or 61,138 shares. Winslow Evans And Crocker accumulated 0% or 3,422 shares. Blackrock accumulated 0% or 79,898 shares. Finally, Nationwide Fund Advisors raised its stake in shares of Oceaneering International by 2.0% in the first quarter. Guggenheim Capital Lc owns 140,645 shares.

About 847,533 shares traded. Oceaneering International (NYSE:OII) has declined 15.63% since July 14, 2016 and is downtrending. It has underperformed by 4.22% the S&P500.

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