Overseas Shipholding Group Inc. (NYSE:OSG) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group trimmed its position in shares of Overseas Shipholding Group Inc. (NYSE:OSG) by 65.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,900 shares of the transportation company’s stock after selling 33,450 shares during the quarter. Schroder Investment Management Group’s holdings in Overseas Shipholding Group were worth $34,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC lifted its position in shares of Overseas Shipholding Group by 171.7% during the 2nd quarter. SG Americas Securities LLC now owns 75,747 shares of the transportation company’s stock valued at $142,000 after acquiring an additional 47,873 shares during the period. Deutsche Bank AG increased its position in shares of Overseas Shipholding Group by 49.3% during the 4th quarter. Deutsche Bank AG now owns 195,074 shares of the transportation company’s stock valued at $322,000 after purchasing an additional 64,397 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Overseas Shipholding Group by 98.3% during the 2nd quarter. Wells Fargo & Company MN now owns 294,601 shares of the transportation company’s stock valued at $554,000 after purchasing an additional 146,038 shares during the last quarter. Boston Partners raised its stake in shares of Overseas Shipholding Group by 51.4% during the 1st quarter. Boston Partners now owns 626,297 shares of the transportation company’s stock worth $1,434,000 after purchasing an additional 212,587 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of Overseas Shipholding Group by 12.8% during the 1st quarter. Acadian Asset Management LLC now owns 633,412 shares of the transportation company’s stock worth $1,450,000 after purchasing an additional 71,634 shares during the period. Institutional investors own 51.35% of the company’s stock.

Separately, ValuEngine upgraded shares of Overseas Shipholding Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st.



Overseas Shipholding Group stock traded up $0.05 during midday trading on Wednesday, reaching $1.80. The stock had a trading volume of 1,800 shares, compared to its average volume of 212,522. The firm has a market capitalization of $152.49 million, a PE ratio of 11.60 and a beta of 1.00. The company has a quick ratio of 0.51, a current ratio of 0.53 and a debt-to-equity ratio of 1.48. The firm’s 50-day moving average price is $1.74 and its 200 day moving average price is $1.88. Overseas Shipholding Group Inc. has a 12 month low of $1.46 and a 12 month high of $3.63.

Overseas Shipholding Group (NYSE:OSG) last announced its quarterly earnings results on Friday, August 9th. The transportation company reported $0.03 EPS for the quarter. Overseas Shipholding Group had a net margin of 2.38% and a return on equity of 3.77%. The firm had revenue of $88.46 million during the quarter.

Overseas Shipholding Group Company Profile

Overseas Shipholding Group, Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States. At December 31, 2018, the company owned or operated a fleet of 21 vessels totaling an aggregate of approximately 900,000 deadweight tons.

Read More: Are 12b-1 Fees Affecting Your Mutual Fund Performance?

Institutional Ownership by Quarter for Overseas Shipholding Group (NYSE:OSG)

Receive News & Ratings for Overseas Shipholding Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Overseas Shipholding Group and related companies with MarketBeat.com's FREE daily email newsletter.