Daiwa Securities Group Inc. boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 15.7% during the second quarter, Holdings Channel reports. The institutional investor owned 17,720 shares of the real estate investment trust’s stock after buying an additional 2,400 shares during the period. Daiwa Securities Group Inc.’s holdings in Omega Healthcare Investors were worth $585,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tompkins Financial Corp purchased a new position in Omega Healthcare Investors during the first quarter valued at $165,000. South Texas Money Management Ltd. purchased a new position in Omega Healthcare Investors during the first quarter valued at $207,000. Lodestar Investment Counsel LLC IL purchased a new position in Omega Healthcare Investors during the first quarter valued at $209,000. Wesbanco Bank Inc. purchased a new position in Omega Healthcare Investors during the first quarter valued at $211,000. Finally, Arete Wealth Advisors LLC purchased a new position in Omega Healthcare Investors during the first quarter valued at $216,000. 73.62% of the stock is owned by institutional investors.

Shares of Omega Healthcare Investors, Inc. (OHI) opened at 30.29 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $28.11 and a 1-year high of $38.09. The firm has a 50-day moving average price of $32.54 and a 200 day moving average price of $32.55. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 15.98 and a beta of 0.50.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. The business had revenue of $194 million during the quarter, compared to analyst estimates of $194.59 million. Omega Healthcare Investors had a net margin of 40.20% and a return on equity of 8.88%. Omega Healthcare Investors’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the company earned $0.87 earnings per share. On average, analysts predict that Omega Healthcare Investors, Inc. will post $1.82 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 8.45%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.63. The ex-dividend date is Friday, July 28th. Omega Healthcare Investors’s dividend payout ratio is 135.45%.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The original version of this news story can be accessed at https://www.dailypolitical.com/2017/08/13/daiwa-securities-group-inc-purchases-2400-shares-of-omega-healthcare-investors-inc-nyseohi.html.

Several research analysts have recently weighed in on the company. BidaskClub cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Jefferies Group LLC reiterated a “hold” rating and set a $33.00 target price on shares of Omega Healthcare Investors in a report on Friday, May 12th. Finally, Vetr lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 target price on the stock. in a report on Monday, April 17th. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The company has an average rating of “Hold” and an average target price of $34.38.

In other Omega Healthcare Investors news, Director Craig R. Callen bought 15,000 shares of Omega Healthcare Investors stock in a transaction dated Friday, June 2nd. The stock was acquired at an average cost of $31.40 per share, for a total transaction of $471,000.00. Following the completion of the transaction, the director now directly owns 18,000 shares of the company’s stock, valued at $565,200. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Robert O. Stephenson sold 23,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at $2,385,259.24. The disclosure for this sale can be found here. 4.54% of the stock is owned by corporate insiders.

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.

Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI).

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.