New Amsterdam Partners LLC NY raised its stake in shares of Omega Protein Corporation (NYSE:OME) by 17.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,523 shares of the company’s stock after buying an additional 22,960 shares during the period. New Amsterdam Partners LLC NY’s holdings in Omega Protein Corporation were worth $2,820,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp raised 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 valued at $3,614,000 after buying an additional 4,596 shares in the last quarter. Wedge Capital Management L L P NC raised 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 valued at $936,000 after buying an additional 2,481 shares in the last quarter. Heartland Advisors Inc. acquired a new stake in shares of Omega Protein Corporation during the first quarter valued at approximately $2,903,000. Bowling Portfolio Management LLC raised 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 valued at $647,000 after buying an additional 6,452 shares in the last quarter. Finally, Eidelman Virant Capital acquired a new stake in shares of Omega Protein Corporation during the first quarter valued at approximately $913,000. Hedge funds and other institutional investors own 84.01% of the company’s stock.

Shares of Omega Protein Corporation (OME) opened at 16.00 on Friday. The stock’s 50 day moving average price is $16.60 and its 200 day moving average price is $19.64. Omega Protein Corporation has a one year low of $14.50 and a one year high of $26.99. The stock has a market cap of $359.42 million, a price-to-earnings ratio of 11.20 and a beta of 0.21.

Omega Protein Corporation (NYSE:OME) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.08. The business had revenue of $93.90 million during the quarter, compared to analysts’ expectations of $87.44 million. Omega Protein Corporation had a net margin of 8.95% and a return on equity of 10.46%. The company’s revenue for the quarter was down 16.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 EPS. Analysts forecast that Omega Protein Corporation will post $1.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 25th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.20 annualized dividend and a dividend yield of 1.25%. Omega Protein Corporation’s dividend payout ratio (DPR) is currently 14.08%.

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Several brokerages have recently commented on OME. Zacks Investment Research upgraded Omega Protein Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 10th. ValuEngine lowered Omega Protein Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Pivotal Research decreased their price objective on Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating for the company in a report on Friday, July 7th. Finally, BidaskClub lowered Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. 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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Institutional Ownership by Quarter for Omega Protein Corporation (NYSE:OME)

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