Numeric Investors LLC Sells 32,700 Shares of Omega Protein Corporation (OME)
Numeric Investors LLC lowered its position in Omega Protein Corporation (NYSE:OME) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 907,811 shares of the company’s stock after selling 32,700 shares during the period. Numeric Investors LLC owned approximately 4.04% of Omega Protein Corporation worth $16,250,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Victory Capital Management Inc. boosted its position in Omega Protein Corporation by 229.0% in the first quarter. Victory Capital Management Inc. now owns 7,850 shares of the company’s stock valued at $157,000 after buying an additional 5,464 shares during the last quarter. Eqis Capital Management Inc. purchased a new stake in Omega Protein Corporation in the second quarter valued at approximately $183,000. Voya Investment Management LLC boosted its position in Omega Protein Corporation by 16.2% in the second quarter. Voya Investment Management LLC now owns 11,668 shares of the company’s stock valued at $209,000 after buying an additional 1,626 shares during the last quarter. UBS Group AG boosted its position in Omega Protein Corporation by 191.6% in the first quarter. UBS Group AG now owns 12,575 shares of the company’s stock valued at $252,000 after buying an additional 8,262 shares during the last quarter. Finally, American International Group Inc. boosted its position in Omega Protein Corporation by 7.1% in the first quarter. American International Group Inc. now owns 13,469 shares of the company’s stock valued at $270,000 after buying an additional 892 shares during the last quarter. Hedge funds and other institutional investors own 86.83% of the company’s stock.
Omega Protein Corporation (NYSE OME) opened at 16.65 on Friday. The firm has a 50-day moving average price of $16.09 and a 200-day moving average price of $17.84. The firm has a market capitalization of $374.03 million, a P/E ratio of 11.65 and a beta of 0.25. Omega Protein Corporation has a one year low of $14.50 and a one year high of $26.99.
Omega Protein Corporation (NYSE:OME) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. The firm had revenue of $93.90 million for the quarter, compared to the consensus estimate of $87.44 million. Omega Protein Corporation had a return on equity of 10.46% and a net margin of 8.95%. The firm’s quarterly revenue was down 16.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 EPS. Equities analysts anticipate that Omega Protein Corporation will post $1.07 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.20%. Omega Protein Corporation’s dividend payout ratio is presently 14.08%.
A number of equities research analysts recently commented on the company. BidaskClub lowered Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. ValuEngine lowered Omega Protein Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Pivotal Research dropped their target price on Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating on the stock in a research report on Friday, July 7th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $21.50.
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About Omega Protein Corporation
Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products. The Company operates through two segments: animal nutrition and human nutrition. The Company’s animal nutrition segment consists of two subsidiaries: Omega Protein, Inc (Omega Protein) and Omega Shipyard, Inc (Omega Shipyard).
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