Civeo Corporation (CVEO) Shares Bought by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. increased its stake in shares of Civeo Corporation (NYSE:CVEO) by 36.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 195,752 shares of the business services provider’s stock after purchasing an additional 52,742 shares during the period. Goldman Sachs Group Inc. owned approximately 0.15% of Civeo Corporation worth $411,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CVEO. William Blair Investment Management LLC lifted its holdings in Civeo Corporation by 10.5% during the 2nd quarter. William Blair Investment Management LLC now owns 1,132,409 shares of the business services provider’s stock worth $2,378,000 after buying an additional 107,288 shares in the last quarter. Boston Partners lifted its holdings in Civeo Corporation by 81.3% during the 2nd quarter. Boston Partners now owns 1,818,011 shares of the business services provider’s stock worth $3,818,000 after buying an additional 815,088 shares in the last quarter. KCG Holdings Inc. lifted its holdings in Civeo Corporation by 76.4% during the 1st quarter. KCG Holdings Inc. now owns 112,757 shares of the business services provider’s stock worth $337,000 after buying an additional 48,831 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Civeo Corporation by 96.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 231,043 shares of the business services provider’s stock worth $485,000 after buying an additional 113,162 shares in the last quarter. Finally, Carleon Capital Partners LLC lifted its holdings in Civeo Corporation by 32.7% during the 2nd quarter. Carleon Capital Partners LLC now owns 138,815 shares of the business services provider’s stock worth $293,000 after buying an additional 34,200 shares in the last quarter. 76.02% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on CVEO shares. BidaskClub lowered shares of Civeo Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. ValuEngine upgraded shares of Civeo Corporation from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $3.00 target price on shares of Civeo Corporation in a report on Friday, September 1st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $4.17.

Shares of Civeo Corporation (NYSE:CVEO) opened at $2.11 on Wednesday. Civeo Corporation has a fifty-two week low of $1.57 and a fifty-two week high of $3.73. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.09 and a quick ratio of 2.02.

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Civeo Corporation Profile

Civeo Corporation is an integrated provider of long-term and temporary remote site accommodations, logistics and facility management services to the natural resource industry. The Company operates in active oil, coal, natural gas and iron ore producing regions, including Canada, Australia and the United States.

Institutional Ownership by Quarter for Civeo Corporation (NYSE:CVEO)

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