KCG Holdings Inc. boosted its position in shares of Omega Protein Corporation (NYSE:OME) by 83.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,339 shares of the company’s stock after buying an additional 6,964 shares during the period. KCG Holdings Inc. owned about 0.07% of Omega Protein Corporation worth $308,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in OME. American International Group Inc. increased its stake 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 worth $270,000 after buying an additional 892 shares in the last quarter. Teachers Advisors LLC increased its stake in Omega Protein Corporation by 1.5% in the first quarter. Teachers Advisors LLC now owns 69,183 shares of the company’s stock worth $1,387,000 after buying an additional 1,040 shares in the last quarter. California Public Employees Retirement System increased its stake in Omega Protein Corporation by 2.0% in the first quarter. California Public Employees Retirement System now owns 55,800 shares of the company’s stock worth $1,119,000 after buying an additional 1,100 shares in the last quarter. Wedge Capital Management L L P NC increased its stake in Omega Protein Corporation by 5.6% in the first quarter. Wedge Capital Management L L P NC now owns 46,700 shares of the company’s stock worth $936,000 after buying an additional 2,481 shares in the last quarter. Finally, Shufro Rose & Co. LLC increased its stake in Omega Protein Corporation by 7.0% in the first quarter. Shufro Rose & Co. LLC now owns 46,100 shares of the company’s stock worth $924,000 after buying an additional 3,000 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.
Omega Protein Corporation (OME) traded up 1.95% on Friday, hitting $15.70. The stock had a trading volume of 533,034 shares. The stock has a market cap of $352.68 million, a P/E ratio of 10.99 and a beta of 0.21. Omega Protein Corporation has a 12 month low of $14.50 and a 12 month high of $26.99. The company’s 50 day moving average is $16.39 and its 200-day moving average is $19.29.
Omega Protein Corporation (NYSE:OME) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.26 by $0.08. Omega Protein Corporation had a return on equity of 10.46% and a net margin of 8.95%. The company had revenue of $93.90 million for the quarter, compared to analyst estimates of $87.44 million. During the same period last year, the company earned $0.62 earnings per share. Omega Protein Corporation’s quarterly revenue was down 16.7% compared to the same quarter last year. Analysts forecast that Omega Protein Corporation will post $1.07 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.27%. The ex-dividend date is Wednesday, August 23rd. Omega Protein Corporation’s payout ratio is currently 14.08%.
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A number of research firms have issued reports on OME. Pivotal Research cut their price target on Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating for the company in a research note on Friday, July 7th. ValuEngine downgraded Omega Protein Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub cut Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Finally, Zacks Investment Research raised Omega Protein Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $21.50.
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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