Zacks: Overseas Shipholding Group, Inc. (NYSE:OSG) Given Average Rating of “” by Analysts
Shares of Overseas Shipholding Group, Inc. (NYSE:OSG) have received an average broker rating score of 0.00 () from the zero brokers that cover the company, Zacks Investment Research reports.
Zacks has also assigned Overseas Shipholding Group an industry rank of 184 out of 265 based on the ratings given to related companies.
Several hedge funds have recently bought and sold shares of the stock. Alliancebernstein L.P. boosted its stake in Overseas Shipholding Group by 0.4% in the first quarter. Alliancebernstein L.P. now owns 26,400 shares of the transportation company’s stock valued at $102,000 after buying an additional 100 shares during the period. Nationwide Fund Advisors raised its position in shares of Overseas Shipholding Group by 16.4% in the first quarter. Nationwide Fund Advisors now owns 28,018 shares of the transportation company’s stock valued at $108,000 after buying an additional 3,938 shares in the last quarter. California Public Employees Retirement System bought a new position in shares of Overseas Shipholding Group during the first quarter valued at approximately $156,000. Renaissance Technologies LLC raised its position in shares of Overseas Shipholding Group by 45.1% in the fourth quarter. Renaissance Technologies LLC now owns 42,500 shares of the transportation company’s stock valued at $163,000 after buying an additional 13,200 shares in the last quarter. Finally, KCG Holdings Inc. bought a new position in shares of Overseas Shipholding Group during the first quarter valued at approximately $188,000. 58.46% of the stock is owned by institutional investors and hedge funds.
Overseas Shipholding Group (NYSE OSG) opened at 2.46 on Thursday. Overseas Shipholding Group has a 12-month low of $2.30 and a 12-month high of $13.15. The stock’s 50 day moving average price is $2.83 and its 200 day moving average price is $3.92. The company’s market capitalization is $182.79 million.
Overseas Shipholding Group (NYSE:OSG) last posted its earnings results on Wednesday, May 10th. The transportation company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $108.12 million during the quarter. Overseas Shipholding Group had a negative net margin of 53.02% and a positive return on equity of 11.16%. On average, equities analysts anticipate that Overseas Shipholding Group will post $0.87 EPS for the current fiscal year.
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About Overseas Shipholding Group
Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.
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