Today Leerink Swann Keeps a “Market Perform” Rating on Owens \u0026 Minor (NYSE:OMI) and a $23 Target Price

November 15, 2017 - By Clifton Ray

 Today Leerink Swann Keeps a

Investors sentiment increased to 1.46 in Q2 2017. Its up 0.10, from 1.36 in 2017Q1. It is positive, as 28 investors sold Owens & Minor, Inc. shares while 68 reduced holdings. 33 funds opened positions while 107 raised stakes. 59.07 million shares or 0.45% less from 59.34 million shares in 2017Q1 were reported.

Cwm Ltd has 841,881 shares for 1.39% of their portfolio. 53,940 are held by Los Angeles Cap Mngmt & Equity Rech Incorporated. Federated Invsts Pa holds 204,085 shares. Cortina Asset Mgmt Ltd Liability Com, a Wisconsin-based fund reported 153,823 shares. Cantab Capital Limited Liability Partnership has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Moreover, Fmr Ltd Liability Corp has 0.01% invested in Owens & Minor, Inc. (NYSE:OMI). Strs Ohio has invested 0.01% in Owens & Minor, Inc. (NYSE:OMI). The New York-based Sg Americas Securities Lc has invested 0.04% in Owens & Minor, Inc. (NYSE:OMI). Teacher Retirement Of Texas invested in 0.02% or 85,377 shares. The Pennsylvania-based Hudock Cap Grp Lc has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Texas Yale Cap reported 13,400 shares. Gamco Investors Et Al invested in 0.04% or 193,650 shares. Thrivent For Lutherans reported 0% of its portfolio in Owens & Minor, Inc. (NYSE:OMI). Marshwinds Advisory holds 0.15% or 10,000 shares. Ohio-based Oak Assocs Oh has invested 0.28% in Owens & Minor, Inc. (NYSE:OMI).

Since May 23, 2017, it had 0 insider purchases, and 2 selling transactions for $372,118 activity. Kordahi Rony Camil had sold 2,231 shares worth $71,556.

Owens \u0026 Minor (NYSE:OMI) Rating Reaffirmed

In an analyst report revealed to investors and clients this morning, Leerink Swann maintained their “Market Perform” rating on Owens \u0026 Minor (NYSE:OMI) shares. The target price per share would indicate a possible upside of 25.34 % from firm’s last stock close price.

Investors sentiment increased to 1.46 in Q2 2017. Its up 0.10, from 1.36 in 2017Q1. It is positive, as 28 investors sold Owens & Minor, Inc. shares while 68 reduced holdings. 33 funds opened positions while 107 raised stakes. 59.07 million shares or 0.45% less from 59.34 million shares in 2017Q1 were reported.

Cwm Ltd has 841,881 shares for 1.39% of their portfolio. 53,940 are held by Los Angeles Cap Mngmt & Equity Rech Incorporated. Federated Invsts Pa holds 204,085 shares. Cortina Asset Mgmt Ltd Liability Com, a Wisconsin-based fund reported 153,823 shares. Cantab Capital Limited Liability Partnership has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Moreover, Fmr Ltd Liability Corp has 0.01% invested in Owens & Minor, Inc. (NYSE:OMI). Strs Ohio has invested 0.01% in Owens & Minor, Inc. (NYSE:OMI). The New York-based Sg Americas Securities Lc has invested 0.04% in Owens & Minor, Inc. (NYSE:OMI). Teacher Retirement Of Texas invested in 0.02% or 85,377 shares. The Pennsylvania-based Hudock Cap Grp Lc has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Texas Yale Cap reported 13,400 shares. Gamco Investors Et Al invested in 0.04% or 193,650 shares. Thrivent For Lutherans reported 0% of its portfolio in Owens & Minor, Inc. (NYSE:OMI). Marshwinds Advisory holds 0.15% or 10,000 shares. Ohio-based Oak Assocs Oh has invested 0.28% in Owens & Minor, Inc. (NYSE:OMI).

Since May 23, 2017, it had 0 insider purchases, and 2 selling transactions for $372,118 activity. Kordahi Rony Camil had sold 2,231 shares worth $71,556.

Owens & Minor, Inc. (NYSE:OMI) Ratings Coverage

Among 6 analysts covering Owens & Minor (NYSE:OMI), 0 have Buy rating, 2 Sell and 4 Hold. Therefore 0 are positive. Owens & Minor has $37 highest and $23.0 lowest target. $30.75’s average target is 67.57% above currents $18.35 stock price. Owens & Minor had 11 analyst reports since August 25, 2015 according to SRatingsIntel. Zacks downgraded Owens & Minor, Inc. (NYSE:OMI) on Tuesday, August 25 to “Hold” rating. The company was maintained on Monday, April 24 by Jefferies. The rating was maintained by Jefferies on Monday, September 11 with “Hold”. The firm has “Hold” rating given on Thursday, November 2 by Leerink Swann. Robert W. Baird downgraded Owens & Minor, Inc. (NYSE:OMI) on Thursday, April 21 to “Underperform” rating. The stock has “Neutral” rating by Robert W. Baird on Friday, September 1. The stock of Owens & Minor, Inc. (NYSE:OMI) has “Underperform” rating given on Monday, November 7 by Bank of America. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, December 7. As per Friday, July 7, the company rating was maintained by Jefferies. UBS initiated Owens & Minor, Inc. (NYSE:OMI) on Thursday, October 6 with “Sell” rating.

About 52,566 shares traded. Owens & Minor, Inc. (NYSE:OMI) has declined 11.64% since November 15, 2016 and is downtrending. It has underperformed by 28.34% the S&P500.

Wall Street await Owens & Minor, Inc. (NYSE:OMI) to release earnings on February, 13. Analysts forecast earnings per share of $0.51, down exactly $0.01 or 1.92 % from 2014’s $0.52 EPS. The expected OMI’s profit could reach $31.25 million giving the stock 8.96 P/E in the case that $0.51 earnings per share is reported. After posting $0.40 EPS for the previous quarter, Owens & Minor, Inc.’s analysts now forecast 27.50 % EPS growth.

Owens & Minor, Inc. is a healthcare services firm that connects the world of medical products to the point of care. The company has market cap of $1.12 billion. The Firm provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices. It has a 14.51 P/E ratio. The Company’s divisions include Domestic, International and Clinical & Procedural Solutions .

More important recent Owens & Minor, Inc. (NYSE:OMI) news were published by: Seekingalpha.com which released: “Owens & Minor: Even Down 46% YTD, The Short Case Still Has Legs” on November 09, 2017, also Fool.com published article titled: “The Clear Reason Owens & Minor, Inc. Tumbled as Much as 19%”, Businesswire.com published: “Quarter 2017 Financial Results on Wednesday, November 1, 2017” on October 26, 2017. More interesting news about Owens & Minor, Inc. (NYSE:OMI) was released by: Nasdaq.com and their article: “Smith, Graham & Co., Investment Advisors, LP Buys Owens & Minor Inc …” with publication date: October 20, 2017.

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