Zacks: Overseas Shipholding Group, Inc. (OSG) Receives Consensus Rating of “” from Analysts

Overseas Shipholding Group, Inc. (NYSE:OSG) has been given an average broker rating score of 0.00 () from the zero brokers that provide coverage for the stock, Zacks Investment Research reports.

Zacks has also assigned Overseas Shipholding Group an industry rank of 193 out of 265 based on the ratings given to its competitors.

Overseas Shipholding Group (OSG) traded down 9.46% during trading on Friday, hitting $2.68. The stock had a trading volume of 351,373 shares. The company’s 50 day moving average is $2.72 and its 200-day moving average is $3.69. The company’s market cap is $199.13 million. Overseas Shipholding Group has a 12 month low of $2.30 and a 12 month high of $13.03.

Overseas Shipholding Group (NYSE:OSG) last announced its quarterly earnings data on Wednesday, May 10th. The transportation company reported $0.06 EPS for the quarter. Overseas Shipholding Group had a positive return on equity of 11.16% and a negative net margin of 53.02%. The firm had revenue of $108.12 million for the quarter. On average, equities research analysts predict that Overseas Shipholding Group will post $0.87 earnings per share for the current year.

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Institutional investors have recently made changes to their positions in the company. Prudential Financial Inc. bought a new position in shares of Overseas Shipholding Group during the second quarter worth approximately $130,000. American Century Companies Inc. increased its position in shares of Overseas Shipholding Group by 5.5% in the second quarter. American Century Companies Inc. now owns 136,335 shares of the transportation company’s stock worth $363,000 after buying an additional 7,051 shares during the last quarter. Federated Investors Inc. PA increased its position in shares of Overseas Shipholding Group by 5.6% in the second quarter. Federated Investors Inc. PA now owns 274,833 shares of the transportation company’s stock worth $731,000 after buying an additional 14,608 shares during the last quarter. Marshall Wace North America L.P. bought a new position in shares of Overseas Shipholding Group during the second quarter worth approximately $136,000. Finally, Bank of New York Mellon Corp increased its position in shares of Overseas Shipholding Group by 125.4% in the second quarter. Bank of New York Mellon Corp now owns 648,462 shares of the transportation company’s stock worth $1,725,000 after buying an additional 360,803 shares during the last quarter. Hedge funds and other institutional investors own 58.73% of the company’s stock.

Overseas Shipholding Group Company Profile

Overseas Shipholding Group, Inc (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag.

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