Owens & Minor (OMI) : Pura Vida Investments scooped up 6,400 additional shares in Owens & Minor during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 111,400 shares of Owens & Minor which is valued at $3,809,880.Owens & Minor makes up approximately 1.88% of Pura Vida Investments’s portfolio.
Other Hedge Funds, Including , Perkins Investment Management reduced its stake in OMI by selling 391,762 shares or 52.73% in the most recent quarter. The Hedge Fund company now holds 351,218 shares of OMI which is valued at $12,011,656. Owens & Minor makes up approx 0.17% of Perkins Investment Management’s portfolio.Comerica Bank boosted its stake in OMI in the latest quarter, The investment management firm added 436 additional shares and now holds a total of 44,571 shares of Owens & Minor which is valued at $1,524,328. Owens & Minor makes up approx 0.01% of Comerica Bank’s portfolio.Burney Co reduced its stake in OMI by selling 793 shares or 5.18% in the most recent quarter. The Hedge Fund company now holds 14,526 shares of OMI which is valued at $496,789. Owens & Minor makes up approx 0.03% of Burney Co’s portfolio. Gmt Capital Corp sold out all of its stake in OMI during the most recent quarter. The investment firm sold 388,200 shares of OMI which is valued $13,501,596.
Owens & Minor opened for trading at $34.34 and hit $34.57 on the upside on Thursday, eventually ending the session at $34.56, with a gain of 0.55% or 0.19 points. The heightened volatility saw the trading volume jump to 6,65,589 shares. Company has a market cap of $2,157 M.
On the company’s financial health, Owens & Minor reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.49. The company had revenue of $2483.70 million for the quarter, compared to analysts expectations of $2469.08 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Investors should note that on Aug 2, 2016, Owens & Minor announced a cash dividend of $0.2550. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 30, 2016.
Owens & Minor Inc. is a healthcare logistics company. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products supplies and devices. The Company operates in two segments: Domestic and International. Domestic segment includes all functions in the United States relating to its role as a healthcare logistics company providing distribution packaging and logistics services to healthcare providers and manufacturers. International segment consists of its European third-party logistics and packaging businesses. It is focused on its operations on healthcare logistics services and provides its customers with a service portfolio that covers procurement inventory management delivery and sourcing of products for the healthcare market. Its customers include hospitals integrated healthcare systems group purchasing organizations manufacturers of life-science and medical devices and supplies including pharmaceuticals.