Flinton Capital Management LLC lowered its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 44.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,940 shares of the real estate investment trust’s stock after selling 66,470 shares during the quarter. Flinton Capital Management LLC’s holdings in Omega Healthcare Investors were worth $2,706,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its position in shares of Omega Healthcare Investors by 25.1% during the 2nd quarter. Royal Bank of Canada now owns 187,949 shares of the real estate investment trust’s stock worth $6,207,000 after purchasing an additional 37,654 shares during the period. First City Capital Management Inc. raised its position in shares of Omega Healthcare Investors by 3.0% during the 2nd quarter. First City Capital Management Inc. now owns 25,976 shares of the real estate investment trust’s stock worth $858,000 after purchasing an additional 765 shares during the period. Meridian Investment Counsel Inc. raised its position in shares of Omega Healthcare Investors by 0.7% during the 2nd quarter. Meridian Investment Counsel Inc. now owns 35,164 shares of the real estate investment trust’s stock worth $1,161,000 after purchasing an additional 250 shares during the period. HighTower Advisors LLC raised its position in shares of Omega Healthcare Investors by 9.4% during the 2nd quarter. HighTower Advisors LLC now owns 191,995 shares of the real estate investment trust’s stock worth $6,353,000 after purchasing an additional 16,577 shares during the period. Finally, First Allied Advisory Services Inc. raised its position in shares of Omega Healthcare Investors by 10.9% during the 2nd quarter. First Allied Advisory Services Inc. now owns 35,606 shares of the real estate investment trust’s stock worth $1,187,000 after purchasing an additional 3,497 shares during the period. Institutional investors and hedge funds own 72.84% of the company’s stock.

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A number of analysts have recently weighed in on OHI shares. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “buy” rating and set a $35.00 price target on the stock in a research report on Wednesday. BidaskClub cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. ValuEngine upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $30.00 price target on shares of Omega Healthcare Investors in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $32.63.

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) traded down 0.965% during mid-day trading on Friday, hitting $31.285. The stock had a trading volume of 377,985 shares. The stock has a market cap of $6.17 billion, a price-to-earnings ratio of 16.509 and a beta of 0.53. Omega Healthcare Investors, Inc. has a one year low of $28.11 and a one year high of $35.14. The firm has a 50 day moving average of $31.91 and a 200 day moving average of $32.52.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.16). The business had revenue of $194.00 million for the quarter, compared to the consensus estimate of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. On average, analysts forecast that Omega Healthcare Investors, Inc. will post $1.77 earnings per share for the current year.

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.

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

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