Today: Today, Omega Healthcare Investors Inc. (OHI) Stake Increased by Public Employees Retirement Association of Colorado

Today, Omega Healthcare Investors Inc. (OHI) Stake Increased by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado raised its position in Omega Healthcare Investors Inc. (NYSE:OHI) by 0.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,851 shares of the real estate investment trust’s stock after buying an additional 24 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Omega Healthcare Investors were worth $1,625,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of OHI. Mutual of America Capital Management LLC raised its position in shares of Omega Healthcare Investors by 19.7% in the third quarter. Mutual of America Capital Management LLC now owns 146,367 shares of the real estate investment trust’s stock worth $5,189,000 after buying an additional 24,069 shares during the period. Wade G W & Inc. raised its position in shares of Omega Healthcare Investors by 0.6% in the third quarter. Wade G W & Inc. now owns 7,549 shares of the real estate investment trust’s stock worth $268,000 after buying an additional 44 shares during the period. DUPONT CAPITAL MANAGEMENT Corp raised its position in shares of Omega Healthcare Investors by 101.9% in the third quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 212,700 shares of the real estate investment trust’s stock worth $7,540,000 after buying an additional 107,360 shares during the period. Mizuho Trust & Banking Co. Ltd. raised its position in shares of Omega Healthcare Investors by 49.4% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 47,787 shares of the real estate investment trust’s stock worth $1,694,000 after buying an additional 15,801 shares during the period. Finally, Huntington National Bank raised its position in shares of Omega Healthcare Investors by 0.9% in the third quarter. Huntington National Bank now owns 5,345 shares of the real estate investment trust’s stock worth $190,000 after buying an additional 48 shares during the period. Institutional investors own 82.81% of the company’s stock.

Omega Healthcare Investors Inc. (NYSE:OHI) traded up 0.66% during midday trading on Monday, reaching $29.11. 1,847,431 shares of the company’s stock traded hands. Omega Healthcare Investors Inc. has a 52-week low of $26.96 and a 52-week high of $38.09. The stock has a market cap of $5.68 billion, a P/E ratio of 18.52 and a beta of 0.59. The company’s 50-day moving average price is $30.78 and its 200-day moving average price is $33.50.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Monday, October 31st. The real estate investment trust reported $0.80 EPS for the quarter, missing the Zacks’ consensus estimate of $0.84 by $0.04. The company earned $224.60 million during the quarter, compared to the consensus estimate of $186.35 million. Omega Healthcare Investors had a return on equity of 7.37% and a net margin of 34.53%. Omega Healthcare Investors’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.79 EPS. On average, equities analysts predict that Omega Healthcare Investors Inc. will post $3.38 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Monday, October 31st were issued a $0.61 dividend. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 8.38%. Omega Healthcare Investors’s dividend payout ratio is presently 155.42%.

A number of brokerages have recently commented on OHI. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Saturday, November 19th. Jefferies Group set a $35.00 price target on shares of Omega Healthcare Investors and gave the stock a “buy” rating in a report on Friday, November 11th. BTIG Research began coverage on shares of Omega Healthcare Investors in a report on Thursday, August 25th. They set a “neutral” rating on the stock. JMP Securities lowered shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating in a report on Thursday, August 18th. They noted that the move was a valuation call. Finally, TheStreet raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $36.59.

In other news, Director Craig M. Bernfield sold 43,942 shares of the company’s stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $37.47, for a total value of $1,646,506.74. Following the completion of the sale, the director now owns 859,995 shares of the company’s stock, valued at approximately $32,224,012.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Taylor Pickett acquired 21,800 shares of the business’s stock in a transaction dated Friday, November 4th. The stock was acquired at an average cost of $29.26 per share, with a total value of $637,868.00. Following the purchase, the chief executive officer now directly owns 276,261 shares in the company, valued at approximately $8,083,396.86. The disclosure for this purchase can be found here. 4.54% of the stock is currently owned by insiders.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Related posts

Leave a Comment