Atwood Oceanics, Inc. (ATW) Holdings Boosted by California State Teachers Retirement System

California State Teachers Retirement System grew its position in shares of Atwood Oceanics, Inc. (NYSE:ATW) by 82.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 247,708 shares of the offshore driller’s stock after buying an additional 111,765 shares during the quarter. California State Teachers Retirement System’s holdings in Atwood Oceanics were worth $2,326,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Piedmont Investment Advisors LLC bought a new position in shares of Atwood Oceanics during the 2nd quarter worth approximately $133,000. Hotchkis & Wiley Capital Management LLC bought a new position in shares of Atwood Oceanics during the 3rd quarter worth approximately $189,000. BNP Paribas Arbitrage SA lifted its position in shares of Atwood Oceanics by 56.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 23,112 shares of the offshore driller’s stock worth $188,000 after buying an additional 8,303 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Atwood Oceanics by 21.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 23,694 shares of the offshore driller’s stock worth $193,000 after buying an additional 4,111 shares in the last quarter. Finally, QCM Cayman Ltd. bought a new position in shares of Atwood Oceanics during the 2nd quarter worth approximately $209,000. 91.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Atwood Oceanics, Inc. (NYSE:ATW) opened at $9.32 on Monday. The company has a current ratio of 8.80, a quick ratio of 7.45 and a debt-to-equity ratio of 0.38. Atwood Oceanics, Inc. has a 1-year low of $5.91 and a 1-year high of $15.37. The stock has a market cap of $750.73 and a price-to-earnings ratio of -44.38.

A number of equities research analysts recently commented on ATW shares. Zacks Investment Research cut shares of Atwood Oceanics from a “hold” rating to a “sell” rating in a report on Friday, October 6th. Jefferies Group set a $10.00 price target on shares of Atwood Oceanics and gave the stock a “hold” rating in a report on Thursday, October 5th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $9.00 price target on shares of Atwood Oceanics in a report on Tuesday, September 19th. Finally, ValuEngine raised shares of Atwood Oceanics from a “hold” rating to a “buy” rating in a report on Monday, September 18th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Atwood Oceanics currently has a consensus rating of “Hold” and a consensus price target of $11.00.

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About Atwood Oceanics

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.

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

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