Public Employees Retirement System of Ohio held its stake in shares of Omega Protein Corporation (NYSE:OME) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,434 shares of the company’s stock at the end of the first quarter. Public Employees Retirement System of Ohio owned 0.08% of Omega Protein Corporation worth $370,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of Omega Protein Corporation by 2.6% in the first quarter. Bank of New York Mellon Corp now owns 180,254 shares of the company’s stock worth $3,614,000 after buying an additional 4,596 shares during the last quarter. Wedge Capital Management L L P NC boosted its stake in shares of 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 during the last quarter. Heartland Advisors Inc. bought a new stake in shares of Omega Protein Corporation during the first quarter worth $2,903,000. Bowling Portfolio Management LLC boosted its stake in shares of Omega Protein Corporation by 25.0% in the first quarter. Bowling Portfolio Management LLC now owns 32,245 shares of the company’s stock worth $647,000 after buying an additional 6,452 shares during the last quarter. Finally, Eidelman Virant Capital bought a new stake in shares of Omega Protein Corporation during the first quarter worth $913,000. Institutional investors and hedge funds own 84.01% of the company’s stock.

Omega Protein Corporation (NYSE OME) traded down 2.259% during mid-day trading on Monday, reaching $16.225. The company had a trading volume of 49,473 shares. Omega Protein Corporation has a 52-week low of $15.75 and a 52-week high of $26.99. The stock has a market capitalization of $364.48 million, a price-to-earnings ratio of 11.354 and a beta of 0.21. The company’s 50 day moving average is $16.90 and its 200 day moving average is $20.02.

Omega Protein Corporation (NYSE:OME) last posted its earnings results on Wednesday, August 2nd. The company reported $0.34 earnings per share (EPS) 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 company had revenue of $93.90 million during the quarter, compared to analysts’ expectations of $87.44 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. Omega Protein Corporation’s quarterly revenue was down 16.7% compared to the same quarter last year. Equities analysts predict that Omega Protein Corporation will post $1.11 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Wednesday, August 23rd. Omega Protein Corporation’s dividend payout ratio (DPR) is currently 14.08%.

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Several analysts recently commented on the company. Zacks Investment Research upgraded Omega Protein Corporation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 10th. ValuEngine cut Omega Protein Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Pivotal Research lowered 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. Finally, BidaskClub cut Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $21.50.

Omega Protein Corporation Company 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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Institutional Ownership by Quarter for Omega Protein Corporation (NYSE:OME)

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