Oceaneering International, Inc. (NYSE:OII) Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC increased its stake in shares of Oceaneering International, Inc. (NYSE:OII - Free Report) by 32.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,363 shares of the oil and gas company's stock after purchasing an additional 32,297 shares during the period. Fisher Asset Management LLC owned 0.13% of Oceaneering International worth $3,292,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of OII. O Shaughnessy Asset Management LLC boosted its stake in shares of Oceaneering International by 25.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 12,714 shares of the oil and gas company's stock valued at $298,000 after acquiring an additional 2,559 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its position in Oceaneering International by 2.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 87,949 shares of the oil and gas company's stock worth $2,056,000 after acquiring an additional 1,898 shares during the last quarter. Comerica Bank raised its holdings in Oceaneering International by 27.5% in the 1st quarter. Comerica Bank now owns 59,961 shares of the oil and gas company's stock valued at $1,403,000 after acquiring an additional 12,948 shares during the last quarter. First Hawaiian Bank purchased a new position in shares of Oceaneering International during the 2nd quarter worth $273,000. Finally, CWM LLC lifted its stake in shares of Oceaneering International by 351.9% during the 2nd quarter. CWM LLC now owns 2,612 shares of the oil and gas company's stock worth $62,000 after purchasing an additional 2,034 shares during the period. Institutional investors and hedge funds own 93.93% of the company's stock.

Oceaneering International Trading Up 0.6 %

Shares of NYSE OII traded up $0.19 during trading on Friday, hitting $29.98. 439,876 shares of the company traded hands, compared to its average volume of 816,395. The firm has a market capitalization of $3.03 billion, a P/E ratio of 22.71 and a beta of 2.35. The company has a quick ratio of 1.46, a current ratio of 1.76 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average price of $26.31 and a 200-day moving average price of $25.19. Oceaneering International, Inc. has a 1 year low of $18.67 and a 1 year high of $30.65.

Oceaneering International (NYSE:OII - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The oil and gas company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.08). The firm had revenue of $679.81 million for the quarter, compared to analysts' expectations of $693.69 million. Oceaneering International had a net margin of 5.22% and a return on equity of 15.11%. Oceaneering International's revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm posted $0.38 EPS. On average, equities analysts predict that Oceaneering International, Inc. will post 1.39 EPS for the current year.

Insider Buying and Selling

In related news, Director Karen H. Beachy sold 3,300 shares of Oceaneering International stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $22.94, for a total transaction of $75,702.00. Following the transaction, the director now owns 28,229 shares in the company, valued at approximately $647,573.26. The trade was a 10.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on OII. Barclays dropped their target price on Oceaneering International from $24.00 to $22.00 and set an "underweight" rating for the company in a research note on Thursday, October 31st. Benchmark reaffirmed a "buy" rating and set a $34.00 price objective on shares of Oceaneering International in a research note on Friday, October 25th.

Oceaneering International Company Profile

Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.