Omega Healthcare Investors, Inc. (OHI) Shares Bought by Kiwi Wealth Investments Limited Partnership

Kiwi Wealth Investments Limited Partnership grew its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 25.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,545 shares of the real estate investment trust’s stock after purchasing an additional 9,380 shares during the quarter. Kiwi Wealth Investments Limited Partnership’s holdings in Omega Healthcare Investors were worth $1,453,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. World Asset Management Inc increased its position in shares of Omega Healthcare Investors by 0.8% during the 2nd quarter. World Asset Management Inc now owns 15,257 shares of the real estate investment trust’s stock valued at $504,000 after purchasing an additional 118 shares during the last quarter. First Heartland Consultants Inc. increased its position in shares of Omega Healthcare Investors by 1.0% during the 2nd quarter. First Heartland Consultants Inc. now owns 18,187 shares of the real estate investment trust’s stock valued at $601,000 after purchasing an additional 175 shares during the last quarter. BKS Advisors LLC increased its position in shares of Omega Healthcare Investors by 2.7% during the 2nd quarter. BKS Advisors LLC now owns 7,715 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 200 shares during the last quarter. Meridian Investment Counsel Inc. increased its position in shares of Omega Healthcare Investors by 0.7% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 35,164 shares of the real estate investment trust’s stock valued at $1,161,000 after purchasing an additional 250 shares during the last quarter. Finally, Naples Global Advisors LLC increased its position in shares of Omega Healthcare Investors by 1.9% during the 2nd quarter. Naples Global Advisors LLC now owns 15,102 shares of the real estate investment trust’s stock valued at $499,000 after purchasing an additional 275 shares during the last quarter. 72.32% of the stock is owned by hedge funds and other institutional investors.

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

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Several equities research analysts have recently issued reports on OHI shares. TheStreet lowered Omega Healthcare Investors from a “b-” rating to a “c” rating in a research report on Monday, October 30th. Capital One Financial Corporation started coverage on Omega Healthcare Investors in a report on Monday, October 23rd. They issued an “equal weight” rating and a $34.00 price objective for the company. Vetr lowered 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. Zacks Investment Research lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Finally, Hilliard Lyons lowered Omega Healthcare Investors to a “buy” rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $31.83.

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) traded up $0.01 on Thursday, reaching $27.21. The company had a trading volume of 1,790,677 shares, compared to its average volume of 2,122,183. Omega Healthcare Investors, Inc. has a 52 week low of $27.04 and a 52 week high of $35.14. The stock has a market cap of $5,613.40, a price-to-earnings ratio of 8.34, a P/E/G ratio of 2.95 and a beta of 0.53. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 1.18.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were issued a $0.65 dividend. The ex-dividend date was Monday, October 30th. This represents a $2.60 annualized dividend and a yield of 9.56%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. Omega Healthcare Investors’s dividend payout ratio (DPR) is 317.08%.

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.

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

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