Rhumbline Advisers lifted its position in OYO Geospace Co. (NASDAQ:GEOS) by 17.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,690 shares of the oil and gas company’s stock after acquiring an additional 4,687 shares during the quarter. Rhumbline Advisers owned 0.23% of OYO Geospace worth $411,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of OYO Geospace in the 4th quarter worth about $167,000. The Manufacturers Life Insurance Company lifted its holdings in shares of OYO Geospace by 20.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,658 shares of the oil and gas company’s stock worth $175,000 after acquiring an additional 2,142 shares during the last quarter. Arizona State Retirement System bought a new stake in shares of OYO Geospace in the 4th quarter worth about $293,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of OYO Geospace by 18.2% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 62,061 shares of the oil and gas company’s stock worth $805,000 after acquiring an additional 9,557 shares during the last quarter. Finally, Marshwinds Advisory Co. bought a new stake in OYO Geospace during the 4th quarter valued at about $869,000. Hedge funds and other institutional investors own 79.27% of the company’s stock.
Shares of GEOS opened at $9.90 on Friday. OYO Geospace Co. has a 1-year low of $9.18 and a 1-year high of $18.71.
OYO Geospace (NASDAQ:GEOS) last announced its quarterly earnings data on Tuesday, February 6th. The oil and gas company reported ($0.72) earnings per share for the quarter. OYO Geospace had a negative net margin of 74.67% and a negative return on equity of 26.66%. The company had revenue of $14.64 million for the quarter.
ILLEGAL ACTIVITY NOTICE: “Rhumbline Advisers Has $411,000 Stake in OYO Geospace Co. (GEOS)” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://www.dispatchtribunal.com/2018/04/07/rhumbline-advisers-has-411000-stake-in-oyo-geospace-co-geos.html.
About OYO Geospace
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates through two segments, Seismic and Non-Seismic. The Seismic segment offers land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring products and services, geophones and geophone strings, hydrophones, leader wires, connectors, telemetry cables, marine streamer retrieval and steering devices, multi-component sensors, seismic borehole acquisition systems, and various other products.
Want to see what other hedge funds are holding GEOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OYO Geospace Co. (NASDAQ:GEOS).
Receive News & Ratings for OYO Geospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OYO Geospace and related companies with MarketBeat.com's FREE daily email newsletter.