Oceaneering International (OII) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its position in shares of Oceaneering International (NYSE:OII) by 221.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 815,429 shares of the oil and gas company’s stock after purchasing an additional 562,134 shares during the period. Deutsche Bank AG owned approximately 0.82% of Oceaneering International worth $9,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in OII. Oregon Public Employees Retirement Fund lifted its holdings in Oceaneering International by 1,110.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 470,872 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 431,957 shares during the last quarter. NumerixS Investment Technologies Inc acquired a new stake in Oceaneering International during the 4th quarter worth approximately $55,000. Amundi Pioneer Asset Management Inc. acquired a new stake in Oceaneering International during the 4th quarter worth approximately $81,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Oceaneering International by 21.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,752 shares of the oil and gas company’s stock worth $82,000 after purchasing an additional 1,189 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in Oceaneering International by 79.3% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,197 shares of the oil and gas company’s stock worth $92,000 after purchasing an additional 3,183 shares during the last quarter.

OII has been the subject of several research reports. Jefferies Financial Group raised Oceaneering International from a “hold” rating to a “buy” rating and lifted their price target for the stock from $15.00 to $18.00 in a report on Friday, March 15th. ValuEngine raised Oceaneering International from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research raised Oceaneering International from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. Societe Generale set a $17.00 price target on Oceaneering International and gave the stock a “hold” rating in a report on Friday, February 15th. Finally, Capital One Financial set a $13.00 price target on Oceaneering International and gave the stock a “hold” rating in a report on Wednesday, December 26th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. Oceaneering International currently has an average rating of “Hold” and an average target price of $21.23.

Shares of NYSE OII opened at $17.22 on Thursday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -24.25 and a beta of 2.01. The company has a quick ratio of 2.12, a current ratio of 2.52 and a debt-to-equity ratio of 0.56. Oceaneering International has a fifty-two week low of $10.74 and a fifty-two week high of $28.62.

Oceaneering International (NYSE:OII) last announced its quarterly earnings data on Wednesday, February 13th. The oil and gas company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.31. The firm had revenue of $495.10 million during the quarter, compared to analysts’ expectations of $488.12 million. Oceaneering International had a negative return on equity of 4.55% and a negative net margin of 11.12%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.08) EPS. As a group, equities research analysts forecast that Oceaneering International will post -1.03 EPS for the current fiscal year.

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About Oceaneering International

Oceaneering International, Inc provides engineered services and products to the offshore oil and gas industry, as well as to defense, aerospace, and commercial theme park industries worldwide. The company's Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drill support, vessel-based inspection, maintenance and repair, installation and construction support, pipeline inspection and surveys, and subsea production facility operation and maintenance services.

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Institutional Ownership by Quarter for Oceaneering International (NYSE:OII)

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