Prudential Financial Inc. Has $3.29 Million Holdings in Omega Protein Corporation (OME)
Prudential Financial Inc. decreased its stake in Omega Protein Corporation (NYSE:OME) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,850 shares of the company’s stock after selling 22,620 shares during the quarter. Prudential Financial Inc. owned approximately 0.88% of Omega Protein worth $3,294,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of OME. Teachers Advisors LLC increased its position in Omega Protein 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 position in Omega Protein 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. Vanguard Group Inc. increased its position in Omega Protein by 10.0% in the first quarter. Vanguard Group Inc. now owns 1,044,317 shares of the company’s stock worth $20,939,000 after buying an additional 95,369 shares in the last quarter. UBS Group AG increased its position in Omega Protein by 191.6% in the first quarter. UBS Group AG now owns 12,575 shares of the company’s stock worth $252,000 after buying an additional 8,262 shares in the last quarter. Finally, Bank of America Corp DE increased its position in Omega Protein by 8.4% in the first quarter. Bank of America Corp DE now owns 45,901 shares of the company’s stock worth $921,000 after buying an additional 3,556 shares in the last quarter. Institutional investors and hedge funds own 86.04% of the company’s stock.
Shares of Omega Protein Corporation (NYSE OME) opened at $22.00 on Friday. Omega Protein Corporation has a 1 year low of $14.50 and a 1 year high of $26.99. The stock has a market capitalization of $493.41, a PE ratio of 22.17 and a beta of 0.28.
Omega Protein (NYSE:OME) last released its earnings results on Wednesday, November 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.22). Omega Protein had a return on equity of 6.48% and a net margin of 5.45%. The business had revenue of $90.30 million for the quarter, compared to analysts’ expectations of $96.65 million. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue for the quarter was down 17.0% compared to the same quarter last year.
Separately, ValuEngine upgraded Omega Protein from a “hold” rating to a “buy” rating in a research report on Friday.
Omega Protein 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).
Want to see what other hedge funds are holding OME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades 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.