Omega Protein Corporation (OME) Rating Increased to Buy at ValuEngine


Bowling Portfolio Management LLC now owns 32,245 shares of the company's stock worth $647,000 after buying an additional 6,452 shares during the period.

Omega Protein Corp (NYSE:OME) has average revenue estimates of $97.21 Million, compared to low analyst estimates of $94.3 Million and high estimates of $99 Million for the current quarter.

Other large investors also recently made changes to their positions in the company. The fund owned 46,100 shares of the company's stock after buying an additional 3,000 shares during the period. Prudential Financial Inc. increased its stake in Omega Protein Corporation by 289.9% during the 1st quarter. Federated Investors Inc. PA now owns 33,379 shares of the company's stock worth $836,000 after buying an additional 16,573 shares during the period. The third largest holder is Lsv Asset Management, which now holds $27.65 million worth of this stock and that ownership represents almost 5.6% of its market capitalization. The company had a trading volume of 341,497 shares. Alambic Investment Management L.P. bought a new stake in shares of Omega Protein during the third quarter worth about $245,000. It worsened, as 14 investors sold OME shares while 43 reduced holdings. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Zacks Investment Research lowered Omega Protein from a "hold" rating to a "sell" rating in a research report on Tuesday, February 28th.

05/12/2014 - Omega Protein Corporation was upgraded to "buy" by analysts at Sidoti. Finally, Renaissance Technologies LLC boosted its position in shares of Omega Protein Corporation by 30.1% during the 1st quarter. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & global trademark & copyright legislation. The original version of this piece of content can be read at The firm has a market capitalization of $493.65 million, a P/E ratio of 15.378 and a beta of 0.28. The stock is now 36.19% away from its 50-day simple moving average and 12.70% away from the 200 day average. Pivotal Research cut their price objective on Omega Protein Corporation from $18.00 to $15.00 and set a "hold" rating for the company in a research note on Friday, July 7th. As of the latest earnings report the EPS was $1.43 and is estimated to be $1.07 for the current year with 22,464,000 shares presently outstanding.

On the other hand Omega Protein Corp (NYSE:OME) has Relative Strength Index (RSI 14) of 85.04 along with Average True Range (ATR 14) of 0.77. The company had revenue of $93.90 million during the quarter, compared to analysts' expectations of $87.44 million. Breaking that down further, it has performed 32.43% for the week, 39.12% for the month, 38.24% over the last quarter, 14.84% for the past half-year and -6.57% for this a year ago. With Omega Protein Corporation (NYSE:OME) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $0.20 annualized dividend and a yield of 1.08%. Bridgeway Mngmt invested 0.05% in Omega Protein Corporation (NYSE:OME).

Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products.



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