Diamond Offshore Drilling Inc (DO) Stake Lifted by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC raised its position in Diamond Offshore Drilling Inc (NYSE:DO) by 42.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,949 shares of the offshore drilling services provider’s stock after purchasing an additional 5,946 shares during the period. Gateway Investment Advisers LLC’s holdings in Diamond Offshore Drilling were worth $188,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC acquired a new position in shares of Diamond Offshore Drilling in the 2nd quarter worth approximately $1,879,000. We Are One Seven LLC bought a new stake in shares of Diamond Offshore Drilling in the 3rd quarter valued at $267,000. Commonwealth Equity Services LLC bought a new stake in shares of Diamond Offshore Drilling in the 3rd quarter valued at $632,000. Public Employees Retirement System of Ohio bought a new stake in shares of Diamond Offshore Drilling in the 2nd quarter valued at $392,000. Finally, Glacier Peak Capital LLC increased its stake in shares of Diamond Offshore Drilling by 894.3% in the 3rd quarter. Glacier Peak Capital LLC now owns 198,855 shares of the offshore drilling services provider’s stock valued at $3,977,000 after acquiring an additional 178,855 shares in the last quarter.

Shares of DO stock opened at $11.26 on Wednesday. The company has a quick ratio....

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