Universal Insurance Holdings, Inc. (UVE) Reaches $28.60 52-Week High; Owens & Minor (OMI)’s Sentiment Is 1.47

January 13, 2018 - By Adrian Mccoy

The stock of Universal Insurance Holdings, Inc. (NYSE:UVE) hit a new 52-week high and has $30.60 target or 7.00% above today’s $28.60 share price. The 5 months bullish chart indicates low risk for the $985.08 million company. The 1-year high was reported on Jan, 13 by Barchart.com. If the $30.60 price target is reached, the company will be worth $68.96 million more. The stock decreased 0.35% or $0.1 during the last trading session, reaching $28.6. About 293,560 shares traded or 28.49% up from the average. Universal Insurance Holdings, Inc. (NYSE:UVE) has risen 29.83% since January 13, 2017 and is uptrending. It has outperformed by 13.13% 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 $1.27 billion. The firm operates through three divisions: Domestic, International, and Clinical & Procedural Solutions. It has a 16.37 P/E ratio. It offers supply chain assistance to the providers of healthcare services; and the manufacturers of healthcare products, supplies, and devices.

Adirondack Research & Management Inc. holds 2.19% of its portfolio in Owens & Minor, Inc. for 191,506 shares. Nine Chapters Capital Management Llc owns 26,200 shares or 1.69% of their US portfolio. Moreover, Dean Capital Management has 1.19% invested in the company for 87,290 shares. The Nebraska-based Cwm Llc has invested 1.13% in the stock. Smith Graham & Co. Investment Advisors Lp, a Texas-based fund reported 295,262 shares.

Analysts await Owens & Minor, Inc. (NYSE:OMI) to report earnings on February, 13. They expect $0.51 earnings per share, down 1.92% or $0.01 from last year’s $0.52 per share. OMI’s profit will be $31.25 million for 10.13 P/E if the $0.51 EPS becomes a reality. After $0.40 actual earnings per share reported by Owens & Minor, Inc. for the previous quarter, Wall Street now forecasts 27.50% EPS growth.

The stock decreased 0.72% or $0.15 during the last trading session, reaching $20.66. About 641,844 shares traded. Owens & Minor, Inc. (OMI) has declined 11.64% since January 13, 2017 and is downtrending. It has underperformed by 28.34% the S&P500.

Investors sentiment increased to 1.41 in Q3 2017. Its up 0.20, from 1.21 in 2017Q2. It increased, as 21 investors sold Universal Insurance Holdings, Inc. shares while 38 reduced holdings. 25 funds opened positions while 58 raised stakes. 26.48 million shares or 5.88% more from 25.01 million shares in 2017Q2 were reported. 64,007 were accumulated by Credit Agricole S A. Teachers Retirement Sys Of The State Of Kentucky has 11,800 shares. Riverhead Management Ltd accumulated 3,199 shares or 0% of the stock. Axa reported 59,700 shares. Ativo Cap Limited Com stated it has 57,740 shares or 0.36% of all its holdings. Sei Invests, a Pennsylvania-based fund reported 2,600 shares. 157,800 are owned by Frontier Inv Mngmt. Citadel Advsrs Llc reported 0% in Universal Insurance Holdings, Inc. (NYSE:UVE). Matarin Capital Mgmt Limited Liability Corp reported 0.55% in Universal Insurance Holdings, Inc. (NYSE:UVE). Morgan Stanley owns 71,409 shares or 0% of their US portfolio. 155 are held by Loomis Sayles Lp. California State Teachers Retirement Systems stated it has 0% in Universal Insurance Holdings, Inc. (NYSE:UVE). Voya Inv Mngmt Llc stated it has 70,764 shares or 0% of all its holdings. Quantbot Technologies Lp has invested 0.01% in Universal Insurance Holdings, Inc. (NYSE:UVE). 10,000 are owned by Marco Mgmt Lc.

Universal Insurance Holdings, Inc., through its subsidiaries, provides various property and casualty insurance products in the United States. The company has market cap of $985.08 million. The firm primarily underwrites homeownersÂ’ insurance products; and offers reinsurance intermediary services. It has a 12.21 P/E ratio. It offers its products through a network of independent agents.

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