Private Advisor Group LLC lessened its stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 33.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,997 shares of the real estate investment trust’s stock after selling 17,438 shares during the quarter. Private Advisor Group LLC’s holdings in Omega Healthcare Investors were worth $909,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Candriam Luxembourg S.C.A. purchased a new stake in Omega Healthcare Investors in the fourth quarter worth $468,000. Gradient Investments LLC lifted its stake in Omega Healthcare Investors by 25.4% in the fourth quarter. Gradient Investments LLC now owns 269,479 shares of the real estate investment trust’s stock worth $7,421,000 after acquiring an additional 54,617 shares during the period. Sterneck Capital Management LLC lifted its stake in Omega Healthcare Investors by 46.2% in the fourth quarter. Sterneck Capital Management LLC now owns 98,364 shares of the real estate investment trust’s stock worth $2,709,000 after acquiring an additional 31,100 shares during the period. Swiss National Bank lifted its stake in Omega Healthcare Investors by 2.5% in the fourth quarter. Swiss National Bank now owns 335,958 shares of the real estate investment trust’s stock worth $9,252,000 after acquiring an additional 8,200 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in Omega Healthcare Investors by 14,906.5% in the fourth quarter. Daiwa Securities Group Inc. now owns 2,929,265 shares of the real estate investment trust’s stock worth $80,672,000 after acquiring an additional 2,909,745 shares during the period. 71.90% of the stock is owned by hedge funds and other institutional investors.
In related news, Director Bernard J. Korman purchased 100,000 shares of Omega Healthcare Investors stock in a transaction dated Friday, December 22nd. The stock was purchased at an average cost of $26.89 per share, for a total transaction of $2,689,000.00. Following the completion of the acquisition, the director now directly owns 896,895 shares of the company’s stock, valued at $24,117,506.55. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 1.54% of the stock is owned by company insiders.
Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.18). The firm had revenue of $221.21 million during the quarter, compared to the consensus estimate of $219.07 million. Omega Healthcare Investors had a return on equity of 2.48% and a net margin of 11.06%. equities analysts forecast that Omega Healthcare Investors Inc will post 2.95 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were issued a $0.66 dividend. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $2.64 dividend on an annualized basis and a yield of 9.98%. Omega Healthcare Investors’s dividend payout ratio is 528.01%.
A number of analysts recently commented on OHI shares. TheStreet lowered Omega Healthcare Investors from a “b-” rating to a “c” rating in a research note on Monday, October 30th. Vetr downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 price objective for the company. in a report on Monday, October 30th. Hilliard Lyons downgraded Omega Healthcare Investors to a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research downgraded Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $34.00 price objective on shares of Omega Healthcare Investors in a report on Tuesday, February 13th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $31.37.
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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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