Dupont Capital Management Corp decreased its stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 54.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 23,600 shares of the real estate investment trust’s stock after selling 27,743 shares during the period. Dupont Capital Management Corp’s holdings in Omega Healthcare Investors were worth $773,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. increased its stake in Omega Healthcare Investors by 1.5% in the 2nd quarter. BlackRock Inc. now owns 21,871,159 shares of the real estate investment trust’s stock worth $678,005,000 after acquiring an additional 328,169 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Omega Healthcare Investors by 14.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,689,457 shares of the real estate investment trust’s stock worth $176,373,000 after acquiring an additional 736,393 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Omega Healthcare Investors by 43.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,032,761 shares of the real estate investment trust’s stock worth $156,015,000 after acquiring an additional 1,536,523 shares during the last quarter. LSV Asset Management increased its stake in Omega Healthcare Investors by 0.7% in the 2nd quarter. LSV Asset Management now owns 4,899,233 shares of the real estate investment trust’s stock worth $151,876,000 after acquiring an additional 32,500 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Omega Healthcare Investors by 2.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,104,095 shares of the real estate investment trust’s stock valued at $96,229,000 after purchasing an additional 69,623 shares during the last quarter. 73.10% of the stock is currently owned by institutional investors and hedge funds.

Shares of Omega Healthcare Investors stock opened at $35.46 on Tuesday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 4.17 and a current ratio of 4.17. The stock has a market cap of $7.08 billion, a PE ratio of 10.75, a PEG ratio of 5.95 and a beta of 0.13. Omega Healthcare Investors Inc has a 12 month low of $24.90 and a 12 month high of $35.62.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Monday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.46). The firm had revenue of $192.30 million for the quarter, compared to the consensus estimate of $194.40 million. Omega Healthcare Investors had a net margin of 31.91% and a return on equity of 7.32%. Omega Healthcare Investors’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 earnings per share. Research analysts forecast that Omega Healthcare Investors Inc will post 2.97 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Wednesday, October 31st were given a dividend of $0.66 per share. The ex-dividend date was Tuesday, October 30th. This represents a $2.64 annualized dividend and a yield of 7.45%. Omega Healthcare Investors’s payout ratio is 80.00%.

In related news, insider Michael Ritz sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, November 16th. The stock was sold at an average price of $34.75, for a total transaction of $208,500.00. Following the transaction, the insider now directly owns 10,076 shares in the company, valued at approximately $350,141. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.65% of the stock is owned by company insiders.

Several equities analysts have recently commented on OHI shares. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Wednesday, October 31st. Bank of America upgraded Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $35.00 price objective on the stock in a research report on Friday. MED started coverage on Omega Healthcare Investors in a research report on Tuesday, October 2nd. They set a “neutral” rating and a $31.00 price objective on the stock. They noted that the move was a valuation call. Stifel Nicolaus set a $34.00 price objective on Omega Healthcare Investors and gave the company a “hold” rating in a research report on Monday, November 5th. Finally, Mitsubishi UFJ Financial Group reiterated a “neutral” rating on shares of Omega Healthcare Investors in a research report on Tuesday, October 2nd. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $32.50.

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Omega Healthcare Investors Profile

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.

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

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