Sheaff Brock Investment Advisors LLC Lowers Holdings in Omega Healthcare Investors, Inc. (OHI)

Sheaff Brock Investment Advisors LLC trimmed its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 29.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,193 shares of the real estate investment trust’s stock after selling 3,422 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in OHI. Principal Financial Group Inc. boosted its position in Omega Healthcare Investors by 137.5% in the 2nd quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock valued at $181,736,000 after buying an additional 3,186,783 shares during the period. FMR LLC lifted its position in shares of Omega Healthcare Investors by 71.9% in the 2nd quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock worth $77,573,000 after purchasing an additional 982,771 shares during the period. Vanguard Group Inc. lifted its position in shares of Omega Healthcare Investors by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,497,878 shares of the real estate investment trust’s stock worth $1,073,080,000 after purchasing an additional 735,367 shares during the period. BlackRock Inc. lifted its position in shares of Omega Healthcare Investors by 3.6% in the 2nd quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock worth $680,443,000 after purchasing an additional 717,086 shares during the period. Finally, LSV Asset Management lifted its position in shares of Omega Healthcare Investors by 28.5% in the 2nd quarter. LSV Asset Management now owns 1,724,155 shares of the real estate investment trust’s stock worth $56,931,000 after purchasing an additional 382,200 shares during the period. 68.14% of the stock is owned by institutional investors.

Omega Healthcare Investors, Inc. (NYSE:OHI) remained flat at $$26.78 during midday trading on Wednesday. The company had a trading volume of 2,061,200 shares, compared to its average volume of 2,174,949. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.40 and a current ratio of 3.40. The stock has a market cap of $5,304.40, a P/E ratio of 7.88, a price-to-earnings-growth ratio of 2.78 and a beta of 0.49. Omega Healthcare Investors, Inc. has a 52-week low of $26.43 and a 52-week high of $35.14.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 9.71%. The ex-dividend date was Monday, October 30th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. Omega Healthcare Investors’s payout ratio is 317.08%.

Several brokerages have recently weighed in on OHI. ValuEngine cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Jefferies Group reaffirmed a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price target for the company. in a research report on Thursday, October 19th. SunTrust Banks reaffirmed a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. Finally, Stifel Nicolaus cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and lowered their price target for the stock from $35.00 to $29.00 in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $31.83.

In other news, Director Craig R. Callen acquired 10,000 shares of Omega Healthcare Investors stock in a transaction that occurred on Thursday, November 2nd. The stock was purchased at an average price of $27.38 per share, for a total transaction of $273,800.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bernard J. Korman acquired 100,000 shares of Omega Healthcare Investors stock in a transaction that occurred on Tuesday, October 31st. The shares were purchased at an average price of $28.24 per share, with a total value of $2,824,000.00. Following the purchase, the director now owns 903,895 shares in the company, valued at $25,525,994.80. The disclosure for this purchase can be found here. Insiders own 1.54% of the company’s stock.

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

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