QS Investors LLC Maintains Position in Omega Protein Corporation (OME)
QS Investors LLC continued to hold its position in Omega Protein Corporation (NYSE:OME) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,057 shares of the company’s stock at the close of the second quarter. QS Investors LLC owned about 0.30% of Omega Protein Corporation worth $1,218,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of OME. Tudor Investment Corp ET AL raised its position in Omega Protein Corporation by 35.9% in the 1st quarter. Tudor Investment Corp ET AL now owns 58,429 shares of the company’s stock worth $1,172,000 after purchasing an additional 15,446 shares during the last quarter. Marshall Wace North America L.P. bought a new position in Omega Protein Corporation in the 2nd quarter worth approximately $732,000. Prudential Financial Inc. raised its position in Omega Protein Corporation by 289.9% in the 1st quarter. Prudential Financial Inc. now owns 87,720 shares of the company’s stock worth $1,759,000 after purchasing an additional 65,220 shares during the last quarter. American International Group Inc. raised its position in Omega Protein Corporation by 7.1% in the 1st quarter. American International Group Inc. now owns 13,469 shares of the company’s stock worth $270,000 after purchasing an additional 892 shares during the last quarter. Finally, KCG Holdings Inc. raised its position in Omega Protein Corporation by 83.2% in the 1st quarter. KCG Holdings Inc. now owns 15,339 shares of the company’s stock worth $308,000 after purchasing an additional 6,964 shares during the last quarter. Institutional investors own 86.78% of the company’s stock.
Shares of Omega Protein Corporation (NYSE OME) opened at 22.10 on Thursday. The company has a market cap of $496.45 million, a PE ratio of 15.47 and a beta of 0.28. Omega Protein Corporation has a 12 month low of $14.50 and a 12 month high of $26.99. The firm’s 50 day moving average is $16.92 and its 200 day moving average is $17.66.
Omega Protein Corporation (NYSE:OME) last issued its earnings results on Wednesday, August 2nd. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.08. Omega Protein Corporation had a net margin of 8.95% and a return on equity of 10.46%. The firm had revenue of $93.90 million for the quarter, compared to analyst estimates of $87.44 million. During the same quarter last year, the business posted $0.62 earnings per share. The company’s quarterly revenue was down 16.7% on a year-over-year basis. On average, equities analysts predict that Omega Protein Corporation will post $1.07 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, August 25th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend was Wednesday, August 23rd. Omega Protein Corporation’s payout ratio is currently 14.08%.
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Several research analysts recently weighed in on OME shares. BidaskClub cut shares of Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. Pivotal Research dropped their price objective on shares of Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating for the company in a research report on Friday, July 7th. Finally, ValuEngine upgraded shares of Omega Protein Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd.
Omega Protein Corporation Profile
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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