Advantus Capital Management Inc cut its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 16.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,737 shares of the real estate investment trust’s stock after selling 10,500 shares during the period. Advantus Capital Management Inc owned 26,120.56% of Omega Healthcare Investors worth $1,651,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of OHI. Principal Financial Group Inc. lifted its holdings in Omega Healthcare Investors by 137.5% in the second quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock worth $181,736,000 after buying an additional 3,186,783 shares during the period. FMR LLC lifted its holdings in shares of Omega Healthcare Investors by 71.9% during the second quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock valued at $77,573,000 after purchasing an additional 982,771 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 2.3% during the second quarter. Vanguard Group Inc. now owns 32,497,878 shares of the real estate investment trust’s stock valued at $1,073,080,000 after purchasing an additional 735,367 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Omega Healthcare Investors by 3.6% during the second quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock valued at $680,443,000 after purchasing an additional 717,086 shares during the last quarter. Finally, LSV Asset Management lifted its holdings in shares of Omega Healthcare Investors by 28.5% during the second quarter. LSV Asset Management now owns 1,724,155 shares of the real estate investment trust’s stock valued at $56,931,000 after purchasing an additional 382,200 shares during the last quarter. Institutional investors and hedge funds own 72.33% of the company’s stock.

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

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) opened at $28.05 on Friday. Omega Healthcare Investors, Inc. has a 1 year low of $27.32 and a 1 year high of $35.14. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.04 and a current ratio of 3.40. The stock has a market cap of $5,555.95, a price-to-earnings ratio of 8.25, a PEG ratio of 2.92 and a beta of 0.53.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be given a dividend of $0.65 per share. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date is Monday, October 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 9.27%. Omega Healthcare Investors’s payout ratio is presently 317.08%.

A number of equities analysts recently weighed in on the stock. Capital One Financial Corporation assumed coverage on shares of 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 shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price objective for the company. in a report on Thursday, October 19th. BidaskClub lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Friday, July 28th. ValuEngine lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “buy” rating and set a $35.00 price objective for the company in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus target price of $31.83.

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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