Omega Healthcare Investors Inc. (NYSE:OHI) shares rose 2% on Friday . The stock traded as high as $33.55 and last traded at $33.54, with a volume of 1,386,582 shares trading hands. The stock had previously closed at $32.88.

OHI has been the subject of several research reports. Vetr raised Omega Healthcare Investors from a “sell” rating to a “hold” rating and set a $34.25 target price for the company in a research note on Tuesday, April 12th. Jefferies Group raised their target price on Omega Healthcare Investors to $38.00 and gave the company a “buy” rating in a research note on Thursday, April 7th. Zacks Investment Research cut Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Thursday, April 21st. Stifel Nicolaus raised their target price on Omega Healthcare Investors from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Thursday, May 5th. Finally, JMP Securities reiterated a “buy” rating on shares of Omega Healthcare Investors in a research report on Wednesday, June 29th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $36.83.

The stock has a 50 day moving average of $33.03 and a 200 day moving average of $33.16. The firm has a market capitalization of $6.34 billion and a PE ratio of 26.76.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, May 4th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.81 by $0.02. During the same quarter in the previous year, the firm posted $0.71 EPS. The business earned $212.90 million during the quarter, compared to the consensus estimate of $179.40 million. The company’s revenue for the quarter was up 59.6% compared to the same quarter last year. On average, analysts predict that Omega Healthcare Investors Inc. will post $3.32 earnings per share for the current year.

In other Omega Healthcare Investors news, Director Thomas F. Franke acquired 6,000 shares of the business’s stock in a transaction on Monday, May 23rd. The stock was purchased at an average price of $31.01 per share, for a total transaction of $186,060.00. Following the transaction, the director now owns 82,135 shares in the company, valued at approximately $2,547,006.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Other institutional investors have modified their holdings of the company. Liberty Mutual Group Asset Management Inc. increased its position in shares of Omega Healthcare Investors by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 104,265 shares of the real estate investment trust’s stock valued at $3,647,000 after buying an additional 35,377 shares during the last quarter. Private Advisor Group LLC increased its stake in Omega Healthcare Investors by 12.4% in the fourth quarter. Private Advisor Group LLC now owns 40,943 shares of the real estate investment trust’s stock worth $1,432,000 after buying an additional 4,533 shares during the last quarter. Mizuho Trust & Banking Co. Ltd. increased its stake in Omega Healthcare Investors by 4.2% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 31,035 shares of the real estate investment trust’s stock worth $1,094,000 after buying an additional 1,241 shares during the last quarter. Vanguard Group Inc. increased its stake in Omega Healthcare Investors by 9.2% in the fourth quarter. Vanguard Group Inc. now owns 26,649,792 shares of the real estate investment trust’s stock worth $932,209,000 after buying an additional 2,241,726 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its stake in Omega Healthcare Investors by 2.3% in the fourth quarter. Teacher Retirement System of Texas now owns 142,838 shares of the real estate investment trust’s stock worth $4,996,000 after buying an additional 3,145 shares during the last quarter.

Omega Healthcare Investors, Inc (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout 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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