New Amsterdam Partners LLC NY Boosts Position in Owens & Minor, Inc. (OMI)

New Amsterdam Partners LLC NY increased its holdings in shares of Owens & Minor, Inc. (NYSE:OMI) by 7.0% during the 4th quarter, HoldingsChannel reports. The fund owned 70,997 shares of the company’s stock after buying an additional 4,628 shares during the period. New Amsterdam Partners LLC NY’s holdings in Owens & Minor were worth $1,340,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its stake in Owens & Minor by 3,167.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,274 shares of the company’s stock worth $118,000 after acquiring an additional 6,082 shares in the last quarter. Flinton Capital Management LLC boosted its stake in Owens & Minor by 62.7% during the second quarter. Flinton Capital Management LLC now owns 3,904 shares of the company’s stock worth $126,000 after acquiring an additional 1,504 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in Owens & Minor by 42.9% during the third quarter. Oppenheimer & Co. Inc. now owns 9,376 shares of the company’s stock worth $274,000 after acquiring an additional 2,816 shares in the last quarter. QS Investors LLC boosted its stake in Owens & Minor by 22.7% during the second quarter. QS Investors LLC now owns 9,737 shares of the company’s stock worth $313,000 after acquiring an additional 1,803 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Owens & Minor by 75.8% during the second quarter. Stifel Financial Corp now owns 10,285 shares of the company’s stock worth $332,000 after acquiring an additional 4,433 shares in the last quarter. 95.61% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on OMI shares. Zacks Investment Research lowered shares of Owens & Minor from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. ValuEngine lowered shares of Owens & Minor from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Leerink Swann reissued a “market perform” rating and set a $23.00 price objective (down previously from $34.00) on shares of Owens & Minor in a research note on Thursday, November 2nd. JPMorgan Chase & Co. reissued an “underweight” rating and set a $22.00 price objective on shares of Owens & Minor in a research note on Tuesday, December 19th. Finally, Credit Suisse Group reissued an “underperform” rating and set a $17.00 price objective (down previously from $31.00) on shares of Owens & Minor in a research note on Monday, November 20th. Five equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Owens & Minor presently has an average rating of “Sell” and a consensus target price of $26.50.

Owens & Minor, Inc. (NYSE OMI) opened at $16.33 on Tuesday. The stock has a market cap of $1,082.89, a P/E ratio of 12.76, a PEG ratio of 1.67 and a beta of 0.92. Owens & Minor, Inc. has a 52 week low of $16.32 and a 52 week high of $36.73. The company has a quick ratio of 0.95, a current ratio of 1.77 and a debt-to-equity ratio of 0.91.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 6.37%. The ex-dividend date is Wednesday, March 14th. This is an increase from Owens & Minor’s previous quarterly dividend of $0.26. Owens & Minor’s dividend payout ratio is currently 80.47%.

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Owens & Minor Company Profile

Owens & Minor, Inc is a healthcare services company that connects the world of medical products to the point of care. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. The Company’s segments include Domestic, International and Clinical & Procedural Solutions (CPS).

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Institutional Ownership by Quarter for Owens & Minor (NYSE:OMI)

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