BidaskClub lowered shares of Dril-Quip, Inc.
Large investors have recently bought and sold shares of the company. UBS Group AG raised its position in Dril-Quip by 2.7% in the first quarter. Tyers Asset Management LLC now owns 1,936 shares of the oil and gas company's stock worth $106,000 after buying an additional 308 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in Dril-Quip by 0.5% in the second quarter. Flinton Capital Management LLC now owns 2,464 shares of the oil and gas company's stock worth $134,000 after buying an additional 392 shares during the last quarter. Finally, LS Investment Advisors LLC boosted its stake in shares of Dril-Quip by 17.6% in the second quarter. BlackRock Inc. now owns 3,581,432 shares of the oil and gas company's stock worth $195,368,000 after buying an additional 3,540,338 shares in the last quarter. Finally, Amalgamated Bank raised its stake in shares of Dril-Quip by 3.0% in the first quarter. Neuburgh Advisers LLC now owns 2,992 shares of the oil and gas company's stock valued at $163,000 after buying an additional 476 shares during the last quarter. Loomis Sayles And LP owns 0.06% invested in Dril-Quip, Inc. (NYSE DRQ) traded down 1.09% during trading on Thursday, hitting $40.95.
About 157,769 shares traded. Neuberger Berman Ltd Llc reported 0.03% of its portfolio in Dril-Quip, Inc. The firm has a market cap of $1.52 billion, a PE ratio of 74.63 and a beta of 0.63. The stock's 50 day moving average price is $49.45 and its 200 day moving average price is $54.17.
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(NYSE:DRQ). Credit Suisse Ag stated it has 0% of its portfolio in Dril-Quip, Inc. As of the latest earnings report the EPS was $0.54 and is estimated to be $0.10 for the current year with 37,838,000 shares presently outstanding. The company had revenue of $127.90 million during the quarter, compared to analyst estimates of $112.12 million. Dril-Quip had a net margin of 4.28% and a return on equity of 2.12%. Dril-Quip's revenue was down 10.2% compared to the same quarter past year. During the same period in the prior year, the company posted $0.96 EPS. "(NYSE:DRQ) Downgraded to Strong Sell at BidaskClub" was posted by BBNS and is owned by of BBNS. If you are viewing this news story on another website, it was stolen and republished in violation of U.S. & worldwide copyright & trademark laws. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/dril-quip-inc-nysedrq-downgraded-to-strong-sell-at-bidaskclub/1439782.html.
Many other analysts also commented on DRQ. Piper Jaffray Companies set a $43.00 price objective on shares of Dril-Quip and gave the stock a "hold" rating in a research report on Saturday, July 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Zacks Investment Research raised Dril-Quip from a "sell" rating to a "hold" rating in a research report on Tuesday, May 2nd. Lastly, Cowen and Company dropped the price target on stocks of Dril-Quip from $55.00 to $43.00 and fixed a "market perform" recommendation on the share in a study note on early Mon, Jul 31st. Barclays PLC cut Dril-Quip from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $77.00 to $57.00 in a report on Monday, May 1st. Dril-Quip has an average rating of "Hold" and a consensus price target of $56.00. Putnam Limited Liability invested 0% in Dril-Quip, Inc. The Company's activities are organized into three geographic divisions: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore.