Oasis Petroleum Inc (NYSE:OAS).
Raymond James & Associates says it bought 163,185 shares in the previous quarter increasing its holdings in Oasis Petroleum Inc by 10.0%. Its investment stood at $16,436,000 an increase of 24.6% as of quarter end.
Raymond James & Associates isn’t the only one who has changed their investment in OAS. Dimensional Fund Advisors Lp reduced its stake by selling 1,251,784 shares a decrease of 6.3%. Dimensional Fund Advisors Lp now controls 18,679,896 shares valued at $170,361,000. The total value of its holdings increased 6.2%. First Mercantile Trust Co augmented its ownership by buying 4,890 shares an increase of 24.7% in the quarter. First Mercantile Trust Co owns 24,670 shares with a value of $225,000. The value of the position overall is up by 41.5%.
Edmond De Rothschild Holding S.a. cut its investment by selling 18,000 shares a decrease of 25.7% as of 09/30/2017. Edmond De Rothschild Holding S.a. controls 52,000 shares worth $474,000. The value of the position overall is down by 16.0%.
On November 9 Royal Bank Of Canada made no change to the stock rating of “Outperform” with a current price target of $13.00. On November 8, 2017 KeyCorp maintained a “Overweight” rating on the company.
On October 24, 2017 BMO Capital Markets released a research note on OAS stating a rating of “Buy” and establishing a price target of $11.00.
October 22 investment analysts at Cowen and Company kept the stock rating at “Buy” projecting a price of $10.00. Equity analyst KeyCorp updated coverage of OAS and giving a rating of “Buy” and setting a price target of $11.00.
In the market the company is trading down by 1.59% percent from yesterday’s close. The P/E ratio is N/A and the market cap of the company is 2.34B. As of the latest earnings report the EPS was $-0.26 with 237.32M shares currently outstanding.
Traders are more bullish on shares of the company of late as evidenced by the motion in short interest. The stock had a fall in short interest between September 29, 2017 and October 13, 2017 of -0.16%. Short interest decreased from 40,808,543 to 40,744,498 over that timeframe. Days to cover increased 1.0 to 6.0 and the short interest percentage is 0.17% as of October 13.