Omega Healthcare Investors Inc (OHI) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 1.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,072,873 shares of the real estate investment trust’s stock after buying an additional 67,809 shares during the period. Bank of New York Mellon Corp owned about 2.07% of Omega Healthcare Investors worth $134,365,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Wade G W & Inc. increased its stake in 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. Renaissance Group LLC increased its stake in Omega Healthcare Investors by 0.5% in the fourth quarter. Renaissance Group LLC now owns 10,727 shares of the real estate investment trust’s stock worth $335,000 after buying an additional 56 shares during the period. Private Trust Co. NA boosted its position in Omega Healthcare Investors by 0.7% in the first quarter. Private Trust Co. NA now owns 19,251 shares of the real estate investment trust’s stock worth $635,000 after buying an additional 128 shares in the last quarter. Bruni J V & Co. Co. boosted its position in Omega Healthcare Investors by 1.0% in the third quarter. Bruni J V & Co. Co. now owns 13,910 shares of the real estate investment trust’s stock worth $493,000 after buying an additional 140 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Omega Healthcare Investors by 1.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,891 shares of the real estate investment trust’s stock worth $903,000 after buying an additional 278 shares in the last quarter. Institutional investors own 78.78% of the company’s stock.

Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

Shares of Omega Healthcare Investors Inc (NYSE:OHI) traded up 0.30% on Friday, reaching $33.51. 1,694,220 shares of the company’s stock were exchanged. The firm has a market capitalization of $6.60 billion, a P/E ratio of 15.71 and a beta of 0.51. The firm has a 50 day moving average of $33.44 and a 200 day moving average of $31.72. Omega Healthcare Investors Inc has a one year low of $28.11 and a one year high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.88 EPS for the quarter, topping the consensus estimate of $0.86 by $0.02. The company had revenue of $231.74 million for the quarter, compared to analyst estimates of $197.55 million. Omega Healthcare Investors had a net margin of 40.67% and a return on equity of 8.86%. The business’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.83 EPS. On average, equities research analysts predict that Omega Healthcare Investors Inc will post $2.00 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 1st were given a $0.63 dividend. The ex-dividend date was Thursday, April 27th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a dividend yield of 7.54%. Omega Healthcare Investors’s payout ratio is currently 131.22%.

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Several research firms have issued reports on OHI. Zacks Investment Research raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, April 19th. TheStreet raised shares of Omega Healthcare Investors from a “c+” rating to a “b-” rating in a research report on Monday, February 6th. Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $34.01 price target for the company. in a research report on Monday, February 27th. Jefferies Group LLC cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.00 price target for the company. in a research report on Tuesday, February 21st. Finally, SunTrust Banks, Inc. cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.00 price target for the company. in a research report on Wednesday, February 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Omega Healthcare Investors presently has an average rating of “Hold” and a consensus target price of $34.67.

In other news, insider Steven J. Insoft sold 87,500 shares of the company’s stock in a transaction dated Tuesday, April 11th. The shares were sold at an average price of $34.00, for a total transaction of $2,975,000.00. Following the completion of the transaction, the insider now owns 324,076 shares of the company’s stock, valued at approximately $11,018,584. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Steven J. Insoft sold 12,500 shares of the company’s stock in a transaction dated Tuesday, March 14th. The shares were sold at an average price of $30.93, for a total transaction of $386,625.00. Following the transaction, the insider now directly owns 411,576 shares of the company’s stock, valued at approximately $12,730,045.68. The disclosure for this sale can be found here. 4.54% of the stock is owned by insiders.

About Omega Healthcare Investors

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

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