RMR Advisors LLC Has $1.099 Million Position in Omega Healthcare Investors Inc (OHI)

RMR Advisors LLC raised its position in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 39.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,298 shares of the real estate investment trust’s stock after buying an additional 9,400 shares during the period. RMR Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,099,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in OHI. Norges Bank purchased a new position in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $42,945,000. Allianz Asset Management AG increased its position in shares of Omega Healthcare Investors by 4.9% in the fourth quarter. Allianz Asset Management AG now owns 79,243 shares of the real estate investment trust’s stock valued at $2,477,000 after buying an additional 3,732 shares during the period. Howe & Rusling Inc. increased its position in shares of Omega Healthcare Investors by 19.5% in the first quarter. Howe & Rusling Inc. now owns 232,679 shares of the real estate investment trust’s stock valued at $7,676,000 after buying an additional 37,905 shares during the period. DUPONT CAPITAL MANAGEMENT Corp increased 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 valued at $7,540,000 after buying an additional 107,360 shares during the period. Finally, Sumitomo Mitsui Asset Management Company LTD increased its position in shares of Omega Healthcare Investors by 24.3% in the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 480,928 shares of the real estate investment trust’s stock valued at $17,048,000 after buying an additional 94,088 shares during the period. Institutional investors and hedge funds 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 were exchanged. Omega Healthcare Investors Inc has a 12 month low of $28.11 and a 12 month high of $38.09. The company’s 50-day moving average price is $33.44 and its 200 day moving average price is $31.72. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 15.71 and a beta of 0.51.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Wednesday, May 3rd. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.02. Omega Healthcare Investors had a return on equity of 8.86% and a net margin of 40.67%. The business had revenue of $231.74 million for the quarter, compared to analysts’ expectations of $197.55 million. During the same period in the previous year, the business posted $0.83 EPS. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, equities research analysts expect that Omega Healthcare Investors Inc will post $2.00 EPS for the current year.

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

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Several research firms have issued reports on OHI. Jefferies Group LLC restated a “hold” rating and issued a $33.00 price target on shares of Omega Healthcare Investors in a research report on Friday, May 12th. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday. Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $34.01 target price for the company. in a research note on Monday, February 27th. TheStreet raised shares of Omega Healthcare Investors from a “c+” rating to a “b-” rating in a research note on Monday, February 6th. Finally, SunTrust Banks, Inc. downgraded 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 note on Wednesday, February 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target 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 stock was sold at an average price of $34.00, for a total transaction of $2,975,000.00. Following the sale, the insider now directly owns 324,076 shares in the company, valued at $11,018,584. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 value of $386,625.00. Following the sale, the insider now owns 411,576 shares in the company, valued at $12,730,045.68. The disclosure for this sale can be found here. Insiders own 4.54% of the company’s stock.

Omega Healthcare Investors Company Profile

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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