Premier, Inc. (PINC) Reaches $32.37 After 7.00% Up Move; Profile of 1 Analysts Covering Owens & Minor, Inc. (OMI)

April 17, 2018 - By Marguerite Chambers

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

Among 10 analysts covering Owens & Minor (NYSE:OMI), 1 have Buy rating, 4 Sell and 5 Hold. Therefore 10% are positive. Owens & Minor had 22 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan to “Underweight” on Tuesday, December 19. As per Thursday, October 6, the company rating was initiated by UBS. The rating was downgraded by Zacks to “Hold” on Tuesday, August 25. As per Wednesday, February 14, the company rating was maintained by Jefferies. Jefferies maintained it with “Hold” rating and $18.0 target in Thursday, February 1 report. Jefferies maintained the shares of OMI in report on Monday, April 24 with “Hold” rating. The stock of Owens & Minor, Inc. (NYSE:OMI) has “Underperform” rating given on Monday, November 7 by Bank of America. Jefferies maintained it with “Hold” rating and $32.0 target in Monday, September 11 report. The company was maintained on Wednesday, January 17 by Robert W. Baird. Credit Suisse maintained Owens & Minor, Inc. (NYSE:OMI) rating on Monday, November 20. Credit Suisse has “Underperform” rating and $17 target. See Owens & Minor, Inc. (NYSE:OMI) latest ratings:

08/03/2018 Broker: Barclays Capital Rating: Underweight New Target: $16 Initiates Coverage On
27/02/2018 Broker: Bank of America Rating: Buy New Target: $19.0
15/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $21 New Target: $20 Maintain
14/02/2018 Broker: Jefferies Rating: Hold New Target: $16.0 Maintain
14/02/2018 Broker: Credit Suisse Rating: Hold New Target: $14.0 Upgrade
01/02/2018 Broker: Jefferies Rating: Hold New Target: $18.0 Maintain
01/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $16.0 Maintain
17/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $24.0 Maintain
19/12/2017 Broker: J.P. Morgan Rating: Sell New Target: $22.0 Downgrade
19/12/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade

The stock of Premier, Inc. (NASDAQ:PINC) is a huge mover today! The stock increased 2.89% or $0.91 during the last trading session, reaching $32.37. About 350,938 shares traded. Premier, Inc. (NASDAQ:PINC) has risen 3.31% since April 17, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.The move comes after 9 months positive chart setup for the $4.39 billion company. It was reported on Apr, 17 by Barchart.com. We have $34.64 PT which if reached, will make NASDAQ:PINC worth $307.44M more.

The stock increased 1.70% or $0.27 during the last trading session, reaching $16.17. About 106,491 shares traded. Owens & Minor, Inc. (NYSE:OMI) has declined 56.18% since April 17, 2017 and is downtrending. It has underperformed by 67.73% the S&P500.

Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare services firm in the United States, the United Kingdom, Ireland, France, Germany, and other European countries. The company has market cap of $999.67 million. The firm operates through three divisions: Domestic, International, and Clinical & Procedural Solutions. It has a 13.52 P/E ratio. It offers supply chain assistance to the providers of healthcare services; and the manufacturers of healthcare products, supplies, and devices.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.47, from 1.47 in 2017Q3. It dropped, as 58 investors sold Owens & Minor, Inc. shares while 57 reduced holdings. 38 funds opened positions while 77 raised stakes. 58.40 million shares or 1.17% more from 57.73 million shares in 2017Q3 were reported. Moreover, Jefferies Grp Ltd has 0% invested in Owens & Minor, Inc. (NYSE:OMI) for 40,181 shares. Ameriprise Fin holds 202,528 shares. Vident Advisory Llc holds 103,564 shares. Metropolitan Life Insurance Co Ny reported 0.01% of its portfolio in Owens & Minor, Inc. (NYSE:OMI). New Mexico Educational Retirement Board owns 15,200 shares. Gabelli Funds Lc holds 220,992 shares. Qs Invsts Limited Liability Com has invested 0% in Owens & Minor, Inc. (NYSE:OMI). Voya Invest Ltd Llc reported 0% in Owens & Minor, Inc. (NYSE:OMI). Neuberger Berman Gru Ltd Liability stated it has 0% in Owens & Minor, Inc. (NYSE:OMI). Old Mutual (Uk) reported 0.01% stake. 5,098 were accumulated by Royal Savings Bank Of Canada. Principal Group has 303,213 shares for 0.01% of their portfolio. Invesco Ltd owns 0.01% invested in Owens & Minor, Inc. (NYSE:OMI) for 1.46M shares. Bancorporation Of Mellon owns 1.34 million shares for 0.01% of their portfolio. Opus Gp Ltd owns 155,563 shares.

Investors sentiment decreased to 1.28 in Q4 2017. Its down 0.44, from 1.72 in 2017Q3. It turned negative, as 25 investors sold Premier, Inc. shares while 51 reduced holdings. 29 funds opened positions while 68 raised stakes. 55.58 million shares or 6.75% more from 52.07 million shares in 2017Q3 were reported. D E Shaw holds 0.01% or 161,703 shares in its portfolio. Westwood Holding Group Inc invested in 905,941 shares or 0.2% of the stock. Peak6 Invests Limited Partnership, Illinois-based fund reported 34,518 shares. Germany-based Deutsche Natl Bank Ag has invested 0.01% in Premier, Inc. (NASDAQ:PINC). 318,516 were reported by Morgan Stanley. Shine Inv Advisory Services owns 246 shares or 0% of their US portfolio. Moreover, Bluecrest Cap Mgmt has 0.04% invested in Premier, Inc. (NASDAQ:PINC) for 49,723 shares. Swiss National Bank & Trust holds 90,712 shares or 0% of its portfolio. Martingale Asset Management Lp, a Massachusetts-based fund reported 395,349 shares. Cwm Ltd Llc holds 387 shares. Federated Investors Pa reported 14,051 shares stake. Legal General Group Public Limited Company owns 30,679 shares. State Of Wisconsin Inv Board stated it has 316,058 shares or 0.03% of all its holdings. Moreover, Envestnet Asset Management has 0% invested in Premier, Inc. (NASDAQ:PINC) for 16,696 shares. The Maryland-based Invest Counselors Of Maryland Ltd Liability Corporation has invested 0.01% in Premier, Inc. (NASDAQ:PINC).

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement firm in the United States. The company has market cap of $4.39 billion. The firm operates through two divisions, Supply Chain Services and Performance Services. It currently has negative earnings. The Supply Chain Services segment offers its members with access to a range of services and products, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and document shredding services and software-as-a-service informatics products.

Among 18 analysts covering Premier (NASDAQ:PINC), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Premier had 42 analyst reports since August 25, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of PINC in report on Wednesday, January 10 with “Buy” rating. The stock of Premier, Inc. (NASDAQ:PINC) has “Buy” rating given on Tuesday, October 3 by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird on Tuesday, October 3 with “Buy”. The stock of Premier, Inc. (NASDAQ:PINC) earned “Overweight” rating by JP Morgan on Friday, October 28. Topeka Capital Markets maintained Premier, Inc. (NASDAQ:PINC) on Tuesday, August 25 with “Buy” rating. JP Morgan maintained Premier, Inc. (NASDAQ:PINC) rating on Wednesday, October 7. JP Morgan has “Overweight” rating and $45 target. Credit Suisse initiated it with “Outperform” rating and $39 target in Friday, August 5 report. The company was maintained on Tuesday, August 22 by Piper Jaffray. The firm has “Overweight” rating given on Tuesday, August 23 by Barclays Capital. The rating was downgraded by Bank of America to “Underperform” on Monday, November 7.

Since February 8, 2018, it had 0 insider buys, and 5 insider sales for $1.82 million activity. $215,563 worth of stock was sold by McKasson Craig S. on Monday, March 12. $125,833 worth of stock was sold by D’ARCY STEPHEN R. on Thursday, February 8. Price Kelli L. sold $137,320 worth of stock. The insider Anderson Leigh sold 1,177 shares worth $37,487. 40,000 shares valued at $1.30M were sold by DeVore Susan D. on Monday, February 26.

Owens & Minor, Inc. (NYSE:OMI) Institutional Positions Chart

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