Shares of Hornbeck Offshore Services (NYSE:HOS) have earned a consensus rating of “Sell” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $6.00.

A number of research analysts recently commented on HOS shares. Zacks Investment Research upgraded Hornbeck Offshore Services from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Seaport Global Securities lowered Hornbeck Offshore Services from a “buy” rating to a “neutral” rating in a research note on Friday, June 2nd. Finally, ValuEngine lowered Hornbeck Offshore Services from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd.

Hornbeck Offshore Services (HOS) opened at 2.44 on Tuesday. Hornbeck Offshore Services has a one year low of $1.51 and a one year high of $9.07. The stock’s 50 day moving average is $2.48 and its 200 day moving average is $3.99. The firm’s market cap is $89.71 million.

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Hedge funds have recently made changes to their positions in the stock. Metropolitan Life Insurance Co. NY bought a new stake in shares of Hornbeck Offshore Services during the fourth quarter worth $157,000. Menta Capital LLC bought a new stake in shares of Hornbeck Offshore Services during the first quarter worth $114,000. State of Tennessee Treasury Department boosted its stake in shares of Hornbeck Offshore Services by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 30,395 shares of the oil and gas company’s stock worth $135,000 after buying an additional 4,587 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Hornbeck Offshore Services by 3,278.6% in the first quarter. Tower Research Capital LLC TRC now owns 32,029 shares of the oil and gas company’s stock worth $142,000 after buying an additional 31,081 shares during the period. Finally, Comerica Bank boosted its stake in shares of Hornbeck Offshore Services by 5.4% in the fourth quarter. Comerica Bank now owns 34,298 shares of the oil and gas company’s stock worth $256,000 after buying an additional 1,765 shares during the period. Hedge funds and other institutional investors own 97.45% of the company’s stock.

Hornbeck Offshore Services Company Profile

Hornbeck Offshore Services Inc provides marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on providing marine solutions for the deepwater and ultradeepwater energy industry in domestic and select foreign locations.

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