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.

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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).

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

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