Mutual of America Capital Management LLC trimmed its position in shares of Oceaneering International (NYSE:OII) by 4.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 77,674 shares of the oil and gas company’s stock after selling 4,028 shares during the period. Mutual of America Capital Management LLC’s holdings in Oceaneering International were worth $1,642,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. lifted its position in shares of Oceaneering International by 19.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 9,326 shares of the oil and gas company’s stock valued at $213,000 after buying an additional 1,512 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Oceaneering International by 1.9% during the second quarter. The Manufacturers Life Insurance Company now owns 144,296 shares of the oil and gas company’s stock valued at $3,295,000 after buying an additional 2,661 shares during the last quarter. Meeder Asset Management Inc. lifted its position in shares of Oceaneering International by 121.2% during the third quarter. Meeder Asset Management Inc. now owns 5,229 shares of the oil and gas company’s stock valued at $138,000 after buying an additional 2,865 shares during the last quarter. Schroder Investment Management Group increased its holdings in shares of Oceaneering International by 0.7% during the third quarter. Schroder Investment Management Group now owns 428,257 shares of the oil and gas company’s stock valued at $11,370,000 after acquiring an additional 3,080 shares in the last quarter. Finally, Foundry Partners LLC increased its holdings in shares of Oceaneering International by 21.7% during the fourth quarter. Foundry Partners LLC now owns 17,985 shares of the oil and gas company’s stock valued at $380,000 after acquiring an additional 3,210 shares in the last quarter. 99.69% of the stock is owned by institutional investors and hedge funds.

Oceaneering International (NYSE:OII) opened at $18.25 on Thursday. Oceaneering International has a fifty-two week low of $17.11 and a fifty-two week high of $29.53. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.67 and a quick ratio of 2.14. The firm has a market cap of $1,803.42, a P/E ratio of -96.05 and a beta of 1.44.

Several equities analysts have recently issued reports on OII shares. Capital One Financial downgraded shares of Oceaneering International from an “overweight” rating to an “equal weight” rating in a report on Thursday, November 16th. Royal Bank of Canada set a $22.00 price objective on shares of Oceaneering International and gave the company a “buy” rating in a report on Thursday, December 21st. Zacks Investment Research downgraded shares of Oceaneering International from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Tudor Pickering upgraded shares of Oceaneering International from a “hold” rating to a “buy” rating in a report on Monday, November 6th. Finally, Cowen set a $21.00 price objective on shares of Oceaneering International and gave the company a “hold” rating in a report on Sunday, October 29th. Eight equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $23.46.

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About Oceaneering International

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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