Owens & Minor, Inc. (NYSE:OMI – Get Free Report) SVP Jonathan A. Leon sold 5,000 shares of Owens & Minor stock in a transaction dated 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 transaction, the senior vice president now owns 98,213 shares in the company, valued at approximately $1,828,726.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Owens & Minor Stock Performance
NYSE:OMI opened at $19.00 on Tuesday. The company has a quick ratio of 0.60, a current ratio of 1.23 and a debt-to-equity ratio of 2.38. Owens & Minor, Inc. has a twelve month low of $11.79 and a twelve month high of $22.86. The stock has a market cap of $1.45 billion, a P/E ratio of -12.34, a price-to-earnings-growth ratio of 4.56 and a beta of 0.35. The firm’s fifty day simple moving average is $16.13 and its 200 day simple moving average is $17.13.
Owens & Minor (NYSE:OMI – Get Free Report) last announced its quarterly earnings results on Friday, November 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.06. Owens & Minor had a negative net margin of 1.14% and a positive return on equity of 8.06%. The company had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.58 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. Owens & Minor’s quarterly revenue was up 3.8% on a year-over-year basis. As a group, research analysts predict that Owens & Minor, Inc. will post 1.33 EPS for the current year.
Analyst Ratings Changes
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in OMI. Advisor Group Holdings Inc. raised its holdings in Owens & Minor by 10.1% in the first quarter. Advisor Group Holdings Inc. now owns 4,858 shares of the company’s stock worth $214,000 after purchasing an additional 444 shares in the last quarter. US Bancorp DE increased its stake in shares of Owens & Minor by 67.4% in the 1st quarter. US Bancorp DE now owns 1,145 shares of the company’s stock worth $51,000 after acquiring an additional 461 shares in the last quarter. Delphia USA Inc. lifted its position in Owens & Minor by 8.2% during the 1st quarter. Delphia USA Inc. now owns 6,163 shares of the company’s stock valued at $271,000 after acquiring an additional 469 shares during the period. Baird Financial Group Inc. lifted its position in Owens & Minor by 3.5% during the 1st quarter. Baird Financial Group Inc. now owns 14,784 shares of the company’s stock valued at $650,000 after acquiring an additional 503 shares during the period. Finally, Lindbrook Capital LLC boosted its stake in Owens & Minor by 60.6% during the second quarter. Lindbrook Capital LLC now owns 1,487 shares of the company’s stock worth $28,000 after acquiring an additional 561 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.
Owens & Minor Company Profile
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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