WINTON GROUP Ltd Has $597,000 Position in Civeo Co. (NYSE:CVEO)

WINTON GROUP Ltd raised its stake in shares of Civeo Co. (NYSE:CVEO - Free Report) by 218.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,256 shares of the business services provider's stock after acquiring an additional 18,013 shares during the quarter. WINTON GROUP Ltd owned approximately 0.19% of Civeo worth $597,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CVEO. Quantbot Technologies LP bought a new position in Civeo during the 3rd quarter valued at about $68,000. SG Americas Securities LLC increased its holdings in shares of Civeo by 42.4% during the fourth quarter. SG Americas Securities LLC now owns 6,552 shares of the business services provider's stock worth $149,000 after buying an additional 1,950 shares in the last quarter. State Street Corp bought a new position in shares of Civeo in the third quarter valued at approximately $222,000. XTX Topco Ltd acquired a new position in shares of Civeo in the 3rd quarter worth approximately $231,000. Finally, LPL Financial LLC grew its position in Civeo by 11.1% during the 4th quarter. LPL Financial LLC now owns 25,687 shares of the business services provider's stock worth $584,000 after acquiring an additional 2,575 shares during the last quarter. Institutional investors and hedge funds own 81.44% of the company's stock.

Civeo Price Performance

NYSE:CVEO traded down $0.96 during mid-day trading on Thursday, reaching $23.32. 21,960 shares of the company were exchanged, compared to its average volume of 108,216. The company has a quick ratio of 1.28, a current ratio of 1.36 and a debt-to-equity ratio of 0.18. The stock has a market cap of $318.41 million, a PE ratio of 16.66 and a beta of 2.03. Civeo Co. has a 12 month low of $20.26 and a 12 month high of $28.92. The company has a fifty day moving average of $23.36 and a 200 day moving average of $24.49.

Civeo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, February 24th were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a yield of 4.29%. Civeo's payout ratio is -80.00%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Civeo from a "buy" rating to a "hold" rating in a research report on Monday.

About Civeo

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile assets, including modular, skid-mounted accommodation, and central facilities that provide short to medium-term accommodation needs.