Owens & Minor, Inc. (OMI) At $16.49 Forms Bottom; S&T Bancorp (STBA) Has 2.12 Sentiment

June 12, 2018 - By Louis Casey

Owens & Minor, Inc. (NYSE:OMI) Logo

Owens & Minor, Inc. (OMI) formed multiple bottom with $15.17 target or 8.00% below today’s $16.49 share price. Owens & Minor, Inc. (OMI) has $1.02B valuation. The stock increased 1.10% or $0.18 during the last trading session, reaching $16.49. About 704,659 shares traded. Owens & Minor, Inc. (NYSE:OMI) has declined 49.15% since June 12, 2017 and is downtrending. It has underperformed by 61.72% the S&P500. Some Historical OMI News: ; 28/03/2018 – Alexandria Minerals Sets the Record Straight on Eric Owens’ Termination and Unauthorized Financing Scheme; 22/04/2018 – DJ Owens & Minor Inc, Inst Holders, 1Q 2018 (OMI); 23/05/2018 – Owens & Minor Presenting at Goldman Sachs Conference Jun 12; 28/03/2018 – Alexandria Minerals Sets the Record Straight on Eric Owens’ Termination and Unauthorized Financing Scheme; 16/04/2018 – LAUNCH: Owens & Minor 7Y TLB for Halyard Health Acq; Mtg 4/18; 24/05/2018 – KNOW LABS APPOINTS (RET.) ADMIRAL BILL OWENS TO ITS BOARD OF DIRECTORS; 01/05/2018 – S&PGR Downgrades Owens & Minor To ‘BB’; Outlook Negative; 19/04/2018 – Owens & Minor Closes Below 50-Day Moving Average: Technicals; 16/04/2018 – OWENS & MINOR IN AMENDED CREDIT PACT; 16/04/2018 – Texas Emissions: 282223 – OWENS BROCKWAY GLASS CONTAINER

S&T Bancorp Inc (STBA) investors sentiment increased to 2.12 in Q1 2018. It’s up 0.62, from 1.5 in 2017Q4. The ratio improved, as 70 institutional investors increased and opened new holdings, while 33 decreased and sold stock positions in S&T Bancorp Inc. The institutional investors in our database now own: 20.23 million shares, up from 19.73 million shares in 2017Q4. Also, the number of institutional investors holding S&T Bancorp Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 6 Reduced: 27 Increased: 56 New Position: 14.

Investors sentiment increased to 1.32 in 2018 Q1. Its up 0.32, from 1 in 2017Q4. It is positive, as 32 investors sold Owens & Minor, Inc. shares while 61 reduced holdings. 55 funds opened positions while 68 raised stakes. 55.82 million shares or 4.42% less from 58.40 million shares in 2017Q4 were reported. Qs Invsts Ltd Co holds 0% or 8,937 shares in its portfolio. Numerixs Inv Technologies Inc invested in 6,300 shares or 0.02% of the stock. Nomura reported 11,737 shares. Macquarie Limited owns 37,400 shares. Shell Asset Management stated it has 30,482 shares. Moreover, Menta Cap Limited Company has 0.04% invested in Owens & Minor, Inc. (NYSE:OMI). Us National Bank & Trust De, a Minnesota-based fund reported 6,410 shares. Lowe Brockenbrough And Incorporated stated it has 0.07% in Owens & Minor, Inc. (NYSE:OMI). Paloma Communications owns 86,876 shares for 0.02% of their portfolio. Meeder Asset Mgmt Incorporated owns 0.07% invested in Owens & Minor, Inc. (NYSE:OMI) for 45,338 shares. Stifel Financial Corp, Missouri-based fund reported 22,497 shares. Ameriprise Fincl owns 391,396 shares. Parametric Associate Limited Liability stated it has 637,773 shares. Walleye Trading Limited Liability Com invested 0.01% in Owens & Minor, Inc. (NYSE:OMI). Gotham Asset Management Ltd Com stated it has 612,583 shares.

Analysts await Owens & Minor, Inc. (NYSE:OMI) to report earnings on August, 7. They expect $0.46 earnings per share, up 6.98% or $0.03 from last year’s $0.43 per share. OMI’s profit will be $28.43M for 8.96 P/E if the $0.46 EPS becomes a reality. After $0.43 actual earnings per share reported by Owens & Minor, Inc. for the previous quarter, Wall Street now forecasts 6.98% EPS growth.

Among 10 analysts covering Owens & Minor (NYSE:OMI), 1 have Buy rating, 5 Sell and 4 Hold. Therefore 10% are positive. Owens & Minor had 23 analyst reports since August 25, 2015 according to SRatingsIntel. Jefferies maintained the shares of OMI in report on Friday, July 7 with “Hold” rating. The rating was maintained by Robert W. Baird with “Hold” on Thursday, February 1. JP Morgan downgraded the shares of OMI in report on Tuesday, December 19 to “Underweight” rating. The rating was maintained by Jefferies with “Hold” on Wednesday, February 14. The rating was downgraded by Bank of America to “Underperform” on Monday, November 7. On Thursday, November 2 the stock rating was maintained by Leerink Swann with “Hold”. Jefferies maintained Owens & Minor, Inc. (NYSE:OMI) on Thursday, February 1 with “Hold” rating. The stock of Owens & Minor, Inc. (NYSE:OMI) has “Neutral” rating given on Friday, September 1 by Robert W. Baird. The stock of Owens & Minor, Inc. (NYSE:OMI) earned “Hold” rating by Credit Suisse on Wednesday, February 14. The company was initiated on Thursday, October 6 by UBS.

The stock decreased 1.64% or $0.74 during the last trading session, reaching $44.43. About 118,599 shares traded or 1.26% up from the average. S&T Bancorp, Inc. (STBA) has risen 32.84% since June 12, 2017 and is uptrending. It has outperformed by 20.27% the S&P500. Some Historical STBA News: ; 22/03/2018 – Homeland Secur: Science and Technology News Release: DHS S&T Announces Licensing of a Data-Analysis Tool From its Transition to; 21/04/2018 – DJ S&T Bancorp Inc, Inst Holders, 1Q 2018 (STBA); 11/05/2018 – Sciometrics Selected to Present Pioneering Technology to Government S&T Community at Innovators’ Showcase; 07/03/2018 – S&T Bank EVP And Chief Audit Executive Receives Prestigious Women In Banking Honor; 12/03/2018 – Homeland Secur: News Release: S&T Announces Release of New Cybersecurity Research Portfolio and Technology Guides; 22/03/2018 – S&T Bancorp Board OKs $50 Million Share Repurchase Plan; 26/04/2018 – Kansas CC: Application of S&T Service Tariff; 29/03/2018 – S&T AG SANT1.DE – FY EBITDA NEARLY DOUBLED TO EUR 68.1 MLN (PY: EUR 34.4 MLN); 17/04/2018 – S&T Bancorp Raises Quarterly Dividend to 25c From 22c; 02/04/2018 – S&T Bancorp to Webcast First Quarter Earnings Conference Call

Since January 1, 0001, it had 1 insider purchase, and 1 sale for $30,390 activity.

Analysts await S&T Bancorp, Inc. (NASDAQ:STBA) to report earnings on July, 19. They expect $0.71 EPS, up 9.23% or $0.06 from last year’s $0.65 per share. STBA’s profit will be $24.85M for 15.64 P/E if the $0.71 EPS becomes a reality. After $0.75 actual EPS reported by S&T Bancorp, Inc. for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.

S&T Bank Pa holds 8.57% of its portfolio in S&T Bancorp, Inc. for 1.20 million shares. First Commonwealth Financial Corp Pa owns 147,334 shares or 6.21% of their US portfolio. Moreover, Waldron Lp has 1.24% invested in the company for 137,313 shares. The New York-based Maltese Capital Management Llc has invested 0.65% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 19,128 shares.

S&T Bancorp, Inc. operates as the bank holding firm for S&T Bank that provides a range of financial services. The company has market cap of $1.56 billion. It operates through three divisions: Community Banking, Wealth Management, and Insurance. It has a 21.29 P/E ratio. The Community Banking segment accepts time and demand deposits; and originates commercial and consumer loans.

S&T Bancorp, Inc. (NASDAQ:STBA) Institutional Positions Chart

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