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ValuEngine Lowers Oceaneering International (NYSE:OII) to Sell

The stock increased 1.39% or $0.1 during the last trading session, reaching $7.3. Deutsche Bank assumed coverage on shares of Oceaneering International in a research report on Tuesday, October 10th. 37 funds opened positions while 92 raised stakes. Boston Ptnrs has 0.01% invested in Oceaneering International, Inc.

Shares of Oceaneering International (NYSE OII) opened at $19.92 on Friday. Moreover, Dean Capital Management has 1.35% invested in the company for 109,793 shares. Next Gru accumulated 0% or 253 shares. Gamco Investors INC. ET AL owned about 0.40% of Oceaneering International worth $8,293,000 as of its most recent SEC filing.

News stories about Oceaneering International (NYSE:OII) have been trending somewhat positive on Sunday, according to Accern Sentiment. Past 5 years growth of Oceaneering International (NYSE:OII) observed at -41.31%, looking forward for the next 5 years it has a strong prediction of -12.13% over growth. Jefferies Group set a $18.00 price target on Oceaneering International and gave the company a "hold" rating in a report on Sunday, October 29th.

Oceaneering International (NYSE:OII)'s trailing twelve month revenues are $1.93 Billion, whereas its price to sales ratio for the same period is 1.02. Amalgamated Natl Bank has 0.02% invested in Oceaneering International, Inc. It also increased its holding in State Str Corp (NYSE:STT) by 90,285 shares in the quarter, for a total of 657,864 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT). Ajo L P has 2.20M shares for 0.25% of their portfolio. Clenar Muke Llc, a California-based fund reported 10,086 shares. MURPHY PAUL B JR sold $52,682 worth of Oceaneering International, Inc. (NYSE:OII). Los Angeles Capital Mgmt And Equity Rech stated it has 129,597 shares. Janney Montgomery Scott Ltd Liability Co holds 0% or 12,862 shares in its portfolio. 53,900 are held by Laurion Lp.

Since September 21, 2017, it had 0 buys, and 2 selling transactions for $104,202 activity. Shares for $51,520 were sold by GERNER W CARDON on Thursday, September 21. The stock of Oceaneering International, Inc. Goldman Sachs upgraded the stock to "Buy" rating in Friday, March 11 report. (OII) ended its last session at $19.92 by Surging 4.84%. About 3.05 million shares traded or 145.22% up from the average. Oceaneering International, Inc. (NYSE:OII) has declined 15.63% since February 24, 2017 and is downtrending. It has underperformed by 32.33% the S&P500. Oceaneering International has a fifty-two week low of $17.11 and a fifty-two week high of $29.53. Therefore 22% are positive. Barclays Capital maintained the stock with "Overweight" rating in Monday, October 30 report. JPMorgan Chase & Co had 111 analyst reports since July 21, 2015 according to SRatingsIntel.

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Additionally on 11/16/17 Capital One Financial "Downgrades" Oceaneering International (NYSE:OII) to Equal-Weight setting price target at $0 and on 10/31/17 Citigroup "Maintained" the stock to Neutral at $20. The company presently has an average rating of "Hold" and a consensus price target of $23.46. As per Monday, October 2, the company rating was maintained by Piper Jaffray.

More notable recent Oceaneering International, Inc. Mutual of America Capital Management LLC increased its stake in shares of Oceaneering International by 6.1% in the third quarter. PiperJaffray downgraded Oceaneering International, Inc.

Previously Oceaneering International (NYSE:OII) reported $-0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.1 by $0.02. The stock exchanged hands 3.05 Million shares versus average trading capacity of 1.2 Million shares, yielding a market cap of $1.96 Billion. The firm fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms, single point anchor reservoirs, floating production storage and offloading vessels, and minimum deepwater operating concepts; piles, wellhead protectors, and subsea templates, as well as various production, compressor, and utility modules; produces and repairs pressure vessels used in the gas and oil industry; fabricates various other types of steel structures; and provides onshore and offshore scaffolding and piping insulation services. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. As of December 31, 2016, this segment owned 280 work-class ROVs.

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