Banco BTG Pactual S.A. Takes $2.81 Million Position in Atwood Oceanics, Inc. (ATW)

Banco BTG Pactual S.A. purchased a new stake in shares of Atwood Oceanics, Inc. (NYSE:ATW) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 345,000 shares of the offshore driller’s stock, valued at approximately $2,812,000. Atwood Oceanics makes up approximately 1.0% of Banco BTG Pactual S.A.’s holdings, making the stock its 25th biggest holding. Banco BTG Pactual S.A. owned about 0.43% of Atwood Oceanics at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Atwood Oceanics during the 2nd quarter worth approximately $176,000. Marshall Wace North America L.P. increased its holdings in shares of Atwood Oceanics by 255.5% in the 2nd quarter. Marshall Wace North America L.P. now owns 850,711 shares of the offshore driller’s stock worth $6,806,000 after buying an additional 611,392 shares during the last quarter. Kassirer Asset Management Corp bought a new position in shares of Atwood Oceanics in the 2nd quarter worth $1,223,000. Dimensional Fund Advisors LP increased its holdings in shares of Atwood Oceanics by 92.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,555,964 shares of the offshore driller’s stock worth $43,418,000 after buying an additional 2,188,009 shares during the last quarter. Finally, Chicago Capital Management LLC bought a new position in shares of Atwood Oceanics in the 2nd quarter worth $1,793,000. Institutional investors own 91.97% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Banco BTG Pactual S.A. Takes $2.81 Million Position in Atwood Oceanics, Inc. (ATW)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at https://ledgergazette.com/2017/10/23/banco-btg-pactual-s-a-invests-2-81-million-in-atwood-oceanics-inc-atw-stock.html.

Shares of Atwood Oceanics, Inc. (ATW) traded up 1.97% on Monday, hitting $9.32. The company’s 50-day moving average price is $8.48 and its 200 day moving average price is $8.20. Atwood Oceanics, Inc. has a 12 month low of $5.91 and a 12 month high of $15.37. The firm’s market cap is $749.87 million.

Atwood Oceanics (NYSE:ATW) last released its earnings results on Thursday, August 3rd. The offshore driller reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.01. The business had revenue of $117.20 million for the quarter, compared to analyst estimates of $125.89 million. Atwood Oceanics had a positive return on equity of 2.25% and a negative net margin of 3.06%. The company’s revenue for the quarter was down 48.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.53 earnings per share. On average, equities research analysts predict that Atwood Oceanics, Inc. will post ($0.47) EPS for the current fiscal year.

A number of equities analysts have recently commented on ATW shares. Zacks Investment Research raised shares of Atwood Oceanics from a “hold” rating to a “buy” rating and set a $8.75 price target on the stock in a report on Tuesday, July 25th. BidaskClub raised shares of Atwood Oceanics from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. ValuEngine lowered shares of Atwood Oceanics from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Atwood Oceanics in a report on Thursday, August 31st. Finally, Jefferies Group LLC set a $10.00 target price on shares of Atwood Oceanics and gave the company a “hold” rating in a report on Thursday, October 5th. Five analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Atwood Oceanics currently has an a

Several other hedge funds have also made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Atwood Oceanics during the 2nd quarter worth approximately $176,000. Marshall Wace North America L.P. increased its holdings in shares of Atwood Oceanics by 255.5% in the 2nd quarter. Marshall Wace North America L.P. now owns 850,711 shares of the offshore driller’s stock worth $6,806,000 after buying an additional 611,392 shares during the last quarter. Kassirer Asset Management Corp bought a new position in shares of Atwood Oceanics in the 2nd quarter worth $1,223,000. Dimensional Fund Advisors LP increased its holdings in shares of Atwood Oceanics by 92.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,555,964 shares of the offshore driller’s stock worth $43,418,000 after buying an additional 2,188,009 shares during the last quarter. Finally, Chicago Capital Management LLC bought a new position in shares of Atwood Oceanics in the 2nd quarter worth $1,793,000. Institutional investors own 91.97% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Banco BTG Pactual S.A. Takes $2.81 Million Position in Atwood Oceanics, Inc. (ATW)” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at https://ledgergazette.com/2017/10/23/banco-btg-pactual-s-a-invests-2-81-million-in-atwood-oceanics-inc-atw-stock.html.

Shares of Atwood Oceanics, Inc. (ATW) traded up 1.97% on Monday, hitting $9.32. The company’s 50-day moving average price is $8.48 and its 200 day moving average price is $8.20. Atwood Oceanics, Inc. has a 12 month low of $5.91 and a 12 month high of $15.37. The firm’s market cap is $749.87 million.

Atwood Oceanics (NYSE:ATW) last released its earnings results on Thursday, August 3rd. The offshore driller reported ($0.05) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.01. The business had revenue of $117.20 million for the quarter, compared to analyst estimates of $125.89 million. Atwood Oceanics had a positive return on equity of 2.25% and a negative net margin of 3.06%. The company’s revenue for the quarter was down 48.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.53 earnings per share. On average, equities research analysts predict that Atwood Oceanics, Inc. will post ($0.47) EPS for the current fiscal year.

A number of equities analysts have recently commented on ATW shares. Zacks Investment Research raised shares of Atwood Oceanics from a “hold” rating to a “buy” rating and set a $8.75 price target on the stock in a report on Tuesday, July 25th. BidaskClub raised shares of Atwood Oceanics from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. ValuEngine lowered shares of Atwood Oceanics from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Atwood Oceanics in a report on Thursday, August 31st. Finally, Jefferies Group LLC set a $10.00 target price on shares of Atwood Oceanics and gave the company a “hold” rating in a report on Thursday, October 5th. Five analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Atwood Oceanics currently has an average rating of “Hold” and a consensus price target of $11.67.

Atwood Oceanics Company Profile

Atwood Oceanics, Inc is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey.

Institutional Ownership by Quarter for Atwood Oceanics (NYSE:ATW)

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