Icon Advisers Inc. Co. acquired a new stake in shares of Omega Protein Corporation (NYSE:OME) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,000 shares of the company’s stock, valued at approximately $304,000. Icon Advisers Inc. Co. owned 0.08% of Omega Protein Corporation at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. TIAA CREF Investment Management LLC raised its holdings in shares of Omega Protein Corporation by 34.7% during the second quarter. TIAA CREF Investment Management LLC now owns 228,405 shares of the company’s stock valued at $4,088,000 after purchasing an additional 58,900 shares during the period. Teachers Advisors LLC raised its holdings in shares of Omega Protein Corporation by 2.6% during the second quarter. Teachers Advisors LLC now owns 70,963 shares of the company’s stock valued at $1,270,000 after purchasing an additional 1,780 shares during the period. White Pine Capital LLC raised its holdings in shares of Omega Protein Corporation by 34.4% during the second quarter. White Pine Capital LLC now owns 19,550 shares of the company’s stock valued at $350,000 after purchasing an additional 5,000 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Omega Protein Corporation by 7.7% during the second quarter. Alliancebernstein L.P. now owns 19,500 shares of the company’s stock valued at $349,000 after purchasing an additional 1,400 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. raised its holdings in shares of Omega Protein Corporation by 0.3% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 67,722 shares of the company’s stock valued at $1,212,000 after purchasing an additional 190 shares during the period. Hedge funds and other institutional investors own 86.83% of the company’s stock.

Several equities analysts have recently weighed in on OME shares. ValuEngine lowered shares of Omega Protein Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub lowered shares of Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 19th. Finally, Pivotal Research lowered their target price on shares of Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating on the stock in a report on Friday, July 7th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company has an average rating of “Hold” and an average target price of $21.50.

ILLEGAL ACTIVITY NOTICE: “17,000 Shares in Omega Protein Corporation (OME) Acquired by Icon Advisers Inc. Co.” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.dailypolitical.com/2017/09/20/17000-shares-in-omega-protein-corporation-ome-acquired-by-icon-advisers-inc-co.html.

Shares of Omega Protein Corporation (NYSE:OME) opened at 16.35 on Wednesday. The firm has a market cap of $367.29 million, a price-to-earnings ratio of 11.44 and a beta of 0.25. Omega Protein Corporation has a 12-month low of $14.50 and a 12-month high of $26.99. The company has a 50 day moving average of $16.09 and a 200-day moving average of $17.84.

Omega Protein Corporation (NYSE:OME) last issued its quarterly 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 period last year, the company posted $0.62 EPS. Omega Protein Corporation’s revenue was down 16.7% on a year-over-year basis. Analysts predict that Omega Protein Corporation will post $1.07 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, August 25th were given 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 1.22%. Omega Protein Corporation’s dividend payout ratio (DPR) is currently 14.08%.

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).

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

Receive News & Ratings for Omega Protein Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Protein Corporation and related companies with MarketBeat.com's FREE daily email newsletter.