Team, Inc. (NYSE:TISI) was downgraded by research analysts at Johnson Rice from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

Other equities research analysts have also issued reports about the company. Stephens lowered Team from an “overweight” rating to an “equal weight” rating in a research report on Tuesday. Zacks Investment Research upgraded Team from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, ValuEngine lowered Team from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd.

Team (NYSE:TISI) traded down 26.1613% on Tuesday, hitting $17.5736. 383,771 shares of the stock were exchanged. Team has a 52 week low of $16.70 and a 52 week high of $39.70. The company’s 50-day moving average is $24.19 and its 200-day moving average is $27.89. The company’s market cap is $523.94 million.

Team (NYSE:TISI) last announced its quarterly earnings data on Tuesday, May 9th. The business services provider reported ($0.24) EPS for the quarter. Team had a positive return on equity of 1.02% and a negative net margin of 1.28%. The business had revenue of $286.55 million for the quarter, compared to analyst estimates of $303.30 million. On average, analysts predict that Team will post $0.51 earnings per share for the current year.

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Large investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue raised its stake in shares of Team by 79.9% in the second quarter. State of Alaska Department of Revenue now owns 5,883 shares of the business services provider’s stock valued at $137,000 after buying an additional 2,613 shares in the last quarter. UBS Group AG raised its stake in shares of Team by 21.6% in the first quarter. UBS Group AG now owns 5,642 shares of the business services provider’s stock valued at $152,000 after buying an additional 1,003 shares in the last quarter. Mason Street Advisors LLC raised its stake in shares of Team by 7.0% in the first quarter. Mason Street Advisors LLC now owns 6,897 shares of the business services provider’s stock valued at $187,000 after buying an additional 452 shares in the last quarter. Strs Ohio purchased a new stake in shares of Team during the first quarter valued at about $229,000. Finally, Blair William & Co. IL purchased a new stake in shares of Team during the first quarter valued at about $245,000. Institutional investors and hedge funds own 94.59% of the company’s stock.

About Team

Team, Inc is a provider of specialty industrial services, including inspection and assessment, required in maintaining high temperature and high pressure piping systems and vessels. The Company conducts its operations through three segments: Inspection and Heat Treating Services (IHT) Group, Mechanical Services (MS) Group and Quest Integrity (Quest Integrity) Group.

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