Ghp Investment Advisors Cut Owens & Minor New (OMI) Position by $405,756; Stock Price Declined; At&T (Put) (T) Shareholder Tudor Investment Et Al Has Trimmed Its Position as Share Value Declined

May 18, 2018 - By Louis Casey

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Ghp Investment Advisors Inc decreased its stake in Owens & Minor Inc New (OMI) by 53.93% based on its latest 2017Q4 regulatory filing with the SEC. Ghp Investment Advisors Inc sold 22,542 shares as the company’s stock declined 20.03% with the market. The institutional investor held 19,257 shares of the health care company at the end of 2017Q4, valued at $364,000, down from 41,799 at the end of the previous reported quarter. Ghp Investment Advisors Inc who had been investing in Owens & Minor Inc New for a number of months, seems to be less bullish one the $1.05 billion market cap company. The stock increased 1.81% or $0.3 during the last trading session, reaching $16.9. About 550,882 shares traded. Owens & Minor, Inc. (NYSE:OMI) has declined 56.18% since May 18, 2017 and is downtrending. It has underperformed by 67.73% the S&P500.

Paul Tudor Jones decreased its stake in At&T Inc (Put) (T) by 75% based on its latest 2017Q4 regulatory filing with the SEC. Tudor Investment Corp Et Al sold 150,000 shares as the company’s stock declined 10.37% with the market. The hedge fund run by Paul Tudor Jones held 50,000 shares of the telecommunications equipment company at the end of 2017Q4, valued at $1.94M, down from 200,000 at the end of the previous reported quarter. Tudor Investment Corp Et Al who had been investing in At&T Inc (Put) for a number of months, seems to be less bullish one the $196.08B market cap company. The stock decreased 1.15% or $0.37 during the last trading session, reaching $31.93. About 25.42 million shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since May 18, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Ghp Investment Advisors Inc, which manages about $821.66 million and $703.79 million US Long portfolio, upped its stake in Ishares U S Etf Tr by 94,570 shares to 506,644 shares, valued at $25.39 million in 2017Q4, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHC) by 16,050 shares in the quarter, for a total of 239,384 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Investors sentiment decreased to 1 in Q4 2017. Its down 0.47, from 1.47 in 2017Q3. It turned negative, as 58 investors sold OMI 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. Raymond James Trust Na holds 0.01% in Owens & Minor, Inc. (NYSE:OMI) or 10,298 shares. Mason Street Advsrs Limited Liability invested in 30,176 shares. Invesco Limited invested in 1.46 million shares. Menta Ltd Liability Com, a California-based fund reported 99,436 shares. Parallax Volatility Advisers Lp reported 9,450 shares. First Manhattan stated it has 0% in Owens & Minor, Inc. (NYSE:OMI). 2,600 are held by Hexavest. National Bank Of America Corp De holds 201,357 shares or 0% of its portfolio. Gamco Et Al holds 193,650 shares. Bessemer Inc stated it has 0% of its portfolio in Owens & Minor, Inc. (NYSE:OMI). Cwm Limited Liability holds 0% or 1,522 shares. Tiaa Cref Inv Management Lc holds 0% or 146,740 shares in its portfolio. Old Mutual Glob Invsts (Uk) Ltd accumulated 38,131 shares or 0.01% of the stock. Qs Llc invested in 0% or 8,237 shares. 2.04M were reported by Northern Corp.

More notable recent Owens & Minor, Inc. (NYSE:OMI) news were published by: Investorplace.com which released: “Are There Any Safe Stocks to Buy and Hold Anymore?” on May 11, 2018, also Benzinga.com with their article: “Earnings Scheduled For May 10, 2018” published on May 10, 2018, Businesswire.com published: “Quarter Financial Results on Thursday, May 10, 2018” on April 30, 2018. More interesting news about Owens & Minor, Inc. (NYSE:OMI) were released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Energy Transfer Equity, Mednax, BioPharmX …” published on May 10, 2018 as well as Streetinsider.com‘s news article titled: “Ownes & Minor (OMI) Misses Q1 EPS by 4c, Miss on Revenues” with publication date: May 10, 2018.

Analysts await Owens & Minor, Inc. (NYSE:OMI) to report earnings on August, 7. They expect $0.48 earnings per share, up 11.63% or $0.05 from last year’s $0.43 per share. OMI’s profit will be $29.68 million for 8.80 P/E if the $0.48 EPS becomes a reality. After $0.43 actual earnings per share reported by Owens & Minor, Inc. for the previous quarter, Wall Street now forecasts 11.63% 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. J.P. Morgan downgraded it to “Sell” rating and $22.0 target in Tuesday, December 19 report. The company was downgraded on Thursday, May 10 by Credit Suisse. Jefferies maintained the shares of OMI in report on Monday, September 11 with “Hold” rating. The stock has “Sell” rating by UBS on Thursday, October 6. The stock has “Hold” rating by Jefferies on Friday, July 7. RBC Capital Markets maintained Owens & Minor, Inc. (NYSE:OMI) on Monday, December 7 with “Sector Perform” rating. The firm earned “Hold” rating on Thursday, February 1 by Robert W. Baird. The firm has “Hold” rating given on Wednesday, February 14 by Jefferies. The firm has “Underperform” rating given on Thursday, April 21 by Robert W. Baird. The stock of Owens & Minor, Inc. (NYSE:OMI) earned “Underweight” rating by JP Morgan on Tuesday, December 19.

Analysts await AT&T Inc. (NYSE:T) to report earnings on July, 24. They expect $0.89 EPS, up 12.66% or $0.10 from last year’s $0.79 per share. T’s profit will be $5.47 billion for 8.97 P/E if the $0.89 EPS becomes a reality. After $0.85 actual EPS reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 4.71% EPS growth.

Tudor Investment Corp Et Al, which manages about $21.89B and $3.94 billion US Long portfolio, upped its stake in Cola European Partners Plc by 16,018 shares to 22,741 shares, valued at $906,000 in 2017Q4, according to the filing. It also increased its holding in Eaton Corp Plc (NYSE:ETN) by 11,942 shares in the quarter, for a total of 21,058 shares, and has risen its stake in Oracle Corporation (NYSE:ORCL).

Among 33 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 1 Sell and 19 Hold. Therefore 39% are positive. AT&T Inc. had 83 analyst reports since July 27, 2015 according to SRatingsIntel. Citigroup maintained AT&T Inc. (NYSE:T) rating on Tuesday, July 19. Citigroup has “Buy” rating and $48 target. Deutsche Bank maintained AT&T Inc. (NYSE:T) rating on Tuesday, June 28. Deutsche Bank has “Buy” rating and $45 target. UBS maintained the shares of T in report on Thursday, April 26 with “Neutral” rating. SunTrust maintained it with “Hold” rating and $40.0 target in Thursday, February 1 report. The rating was maintained by Wells Fargo on Friday, February 23 with “Buy”. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Monday, October 24 by Drexel Hamilton. DA Davidson maintained the stock with “Buy” rating in Monday, March 7 report. The stock of AT&T Inc. (NYSE:T) earned “Overweight” rating by Barclays Capital on Monday, April 18. As per Tuesday, January 30, the company rating was maintained by Scotia Capital. As per Wednesday, July 26, the company rating was maintained by RBC Capital Markets.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T: Well, What Now?” on April 26, 2018, also Seekingalpha.com with their article: “AT&T: Benefit From The Irrationality” published on May 02, 2018, Seekingalpha.com published: “Retirement Strategy: Is It Time To Dump AT&T?” on May 11, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: 247Wallst.com and their article: “Why Short Interest in AT&T Keeps Marching Higher” published on May 10, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T: Should We Be Worried?” with publication date: April 30, 2018.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.26, from 1.17 in 2017Q3. It dived, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Illinois-based Hartline Inv has invested 0.06% in AT&T Inc. (NYSE:T). Winslow Evans Crocker Incorporated holds 42,548 shares or 0.53% of its portfolio. Raab Moskowitz Asset Management Ltd Co holds 1.45% or 77,371 shares. Eagleclaw Cap Managment Limited Liability Corp holds 0.15% or 7,627 shares. 389,305 were reported by Ing Groep Nv. Mark Sheptoff Fincl Planning reported 97,906 shares stake. Main Street Rech Lc accumulated 28,446 shares or 0.17% of the stock. The New Jersey-based Honeywell Interest has invested 0.9% in AT&T Inc. (NYSE:T). Virginia-based Yorktown Mngmt Research has invested 1.08% in AT&T Inc. (NYSE:T). Andra Ap holds 691,100 shares. Arizona State Retirement Sys stated it has 1.69M shares. Moreover, Capital City Com Fl has 0.73% invested in AT&T Inc. (NYSE:T) for 44,161 shares. James Inv Rech stated it has 109,810 shares or 0.15% of all its holdings. Lathrop Invest Mgmt reported 20,319 shares or 0.22% of all its holdings. 100,413 were accumulated by Court Place Advisors Limited.

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

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