Janney Montgomery Scott LLC boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.8% during the second quarter, Holdings Channel reports. The firm owned 68,567 shares of the real estate investment trust’s stock after buying an additional 5,574 shares during the period. Janney Montgomery Scott LLC’s holdings in Omega Healthcare Investors were worth $2,264,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. raised its position in Omega Healthcare Investors by 4,872.8% in the first quarter. BlackRock Inc. now owns 19,889,913 shares of the real estate investment trust’s stock valued at $656,169,000 after buying an additional 19,489,938 shares during the period. JPMorgan Chase & Co. raised its position in Omega Healthcare Investors by 111.3% in the first quarter. JPMorgan Chase & Co. now owns 2,749,118 shares of the real estate investment trust’s stock valued at $90,694,000 after buying an additional 1,448,079 shares during the period. Vanguard Group Inc. raised its position in Omega Healthcare Investors by 4.6% in the first quarter. Vanguard Group Inc. now owns 31,762,511 shares of the real estate investment trust’s stock valued at $1,047,845,000 after buying an additional 1,397,206 shares during the period. PGGM Investments raised its position in Omega Healthcare Investors by 51.5% in the first quarter. PGGM Investments now owns 2,354,000 shares of the real estate investment trust’s stock valued at $77,658,000 after buying an additional 800,000 shares during the period. Finally, Prudential Financial Inc. raised its position in Omega Healthcare Investors by 49.8% in the first quarter. Prudential Financial Inc. now owns 1,501,849 shares of the real estate investment trust’s stock valued at $49,546,000 after buying an additional 499,244 shares during the period. Hedge funds and other institutional investors own 73.62% of the company’s stock.

Omega Healthcare Investors, Inc. (OHI) opened at 30.95 on Monday. Omega Healthcare Investors, Inc. has a 1-year low of $28.11 and a 1-year high of $38.09. The company’s 50 day moving average is $33.05 and its 200 day moving average is $32.65. The company has a market cap of $6.10 billion, a price-to-earnings ratio of 16.33 and a beta of 0.50.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share (EPS) 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 firm had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. During the same quarter in the prior year, the firm earned $0.87 EPS. The firm’s revenue was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Omega Healthcare Investors, Inc. will post $1.87 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st will be paid a $0.64 dividend. The ex-dividend date is Friday, July 28th. This represents a $2.56 dividend on an annualized basis and a yield of 8.27%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. Omega Healthcare Investors’s payout ratio is currently 135.45%.

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Several research analysts recently commented on OHI shares. Zacks Investment Research lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Vetr lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price objective for the company. in a research note on Monday, April 17th. Jefferies Group LLC reiterated a “hold” rating and set a $33.00 price objective on shares of Omega Healthcare Investors in a research note on Friday, May 12th. Finally, BidaskClub upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two analysts have rated the stock with a sell rating and five have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $34.38.

In other news, CFO Robert O. Stephenson sold 23,000 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer now owns 68,978 shares in the company, valued at approximately $2,385,259.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig R. Callen acquired 15,000 shares of Omega Healthcare Investors stock in a transaction dated Friday, June 2nd. The shares were bought at an average price of $31.40 per share, with a total value of $471,000.00. Following the transaction, the director now directly owns 18,000 shares in the company, valued at approximately $565,200. The disclosure for this purchase can be found here. 4.54% of the stock is owned by insiders.

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

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