Private Advisor Group LLC Acquires 5,133 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Private Advisor Group LLC raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,806 shares of the real estate investment trust’s stock after buying an additional 5,133 shares during the period. Private Advisor Group LLC’s holdings in Omega Healthcare Investors were worth $1,572,000 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. Jennison Associates LLC raised its holdings in shares of Omega Healthcare Investors by 164.8% in the 1st quarter. Jennison Associates LLC now owns 86,753 shares of the real estate investment trust’s stock valued at $2,862,000 after purchasing an additional 53,991 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Omega Healthcare Investors by 1.1% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,380 shares of the real estate investment trust’s stock valued at $1,002,000 after purchasing an additional 319 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Omega Healthcare Investors by 3.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 132,503 shares of the real estate investment trust’s stock valued at $4,369,000 after purchasing an additional 4,961 shares in the last quarter. State Treasurer State of Michigan raised its holdings in shares of Omega Healthcare Investors by 1.7% in the 1st quarter. State Treasurer State of Michigan now owns 79,900 shares of the real estate investment trust’s stock valued at $2,636,000 after purchasing an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Omega Healthcare Investors by 7.4% in the 1st quarter. First Trust Advisors LP now owns 405,925 shares of the real estate investment trust’s stock valued at $13,391,000 after purchasing an additional 27,935 shares in the last quarter. 74.60% of the stock is owned by institutional investors.

Shares of Omega Healthcare Investors, Inc. (OHI) traded up 0.67% on Friday, reaching $32.85. 2,152,941 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $31.50 and a 200 day moving average of $32.50. Omega Healthcare Investors, Inc. has a one year low of $28.11 and a one year high of $36.68. The firm has a market capitalization of $6.48 billion, a P/E ratio of 17.34 and a beta of 0.51.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.16). Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The company had revenue of $194.00 million for the quarter, compared to analyst estimates of $194.59 million. During the same period in the previous year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities research analysts predict that Omega Healthcare Investors, Inc. will post $1.77 EPS for the current year.

TRADEMARK VIOLATION WARNING: This piece was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another site, it was illegally stolen and republished in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://ledgergazette.com/2017/09/17/private-advisor-group-llc-has-1-57-million-stake-in-omega-healthcare-investors-inc-ohi.html.

Several equities research analysts have recently commented on OHI shares. BidaskClub upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Zacks Investment Research lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Thursday, June 8th. Finally, ValuEngine lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus target price of $34.38.

In other news, COO Daniel J. Booth sold 20,000 shares of Omega Healthcare Investors stock in a transaction on Monday, June 26th. The shares were sold at an average price of $34.65, for a total value of $693,000.00. Following the transaction, the chief operating officer now directly owns 90,335 shares of the company’s stock, valued at approximately $3,130,107.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert O. Stephenson sold 23,000 shares of Omega Healthcare Investors stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $34.58, for a total transaction of $795,340.00. Following the completion of the transaction, the chief financial officer now directly owns 68,978 shares in the company, valued at $2,385,259.24. The disclosure for this sale can be found here. 4.54% of the stock is currently owned by company insiders.

Omega Healthcare Investors 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.

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

Receive News & Ratings for Omega Healthcare Investors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply