Owens & Minor, Inc. (NYSE:OMI – Get Free Report) SVP Jonathan A. Leon sold 5,000 shares of Owens & Minor stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $18.62, for a total value of $93,100.00. Following the completion of the sale, the senior vice president now owns 98,213 shares of the company’s stock, valued at $1,828,726.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Owens & Minor Trading Up 1.3 %
NYSE:OMI opened at $19.00 on Tuesday. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.23 and a quick ratio of 0.60. Owens & Minor, Inc. has a one year low of $11.79 and a one year high of $22.86. The company has a market cap of $1.45 billion, a PE ratio of -12.34, a PEG ratio of 4.56 and a beta of 0.35. The firm has a 50-day moving average of $16.13 and a 200-day moving average of $17.13.
Owens & Minor (NYSE:OMI – Get Free Report) last released its quarterly earnings results on Friday, November 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.06. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. Owens & Minor had a positive return on equity of 8.06% and a negative net margin of 1.14%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 EPS. As a group, equities research analysts expect that Owens & Minor, Inc. will post 1.33 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Institutional Investors Weigh In On Owens & Minor
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Nomura Asset Management Co. Ltd. raised its holdings in shares of Owens & Minor by 68.3% in the first quarter. Nomura Asset Management Co. Ltd. now owns 1,700 shares of the company’s stock valued at $25,000 after purchasing an additional 690 shares during the last quarter. Lindbrook Capital LLC increased its stake in Owens & Minor by 60.6% in the 2nd quarter. Lindbrook Capital LLC now owns 1,487 shares of the company’s stock valued at $28,000 after buying an additional 561 shares during the last quarter. DekaBank Deutsche Girozentrale bought a new position in shares of Owens & Minor during the 3rd quarter worth approximately $29,000. Versant Capital Management Inc boosted its stake in shares of Owens & Minor by 147.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,593 shares of the company’s stock worth $30,000 after buying an additional 948 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in shares of Owens & Minor by 51.3% in the second quarter. Quadrant Capital Group LLC now owns 2,437 shares of the company’s stock valued at $46,000 after acquiring an additional 826 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.
About Owens & Minor
Owens & Minor, Inc, together with its subsidiaries, operates as a healthcare solutions company worldwide. It operates in two segments, Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment offers a portfolio of products and services to healthcare providers and manufacturers.
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