Global X Management Co. LLC boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 286,640 shares of the real estate investment trust’s stock after buying an additional 13,844 shares during the period. Global X Management Co. LLC’s holdings in Omega Healthcare Investors were worth $9,465,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Macquarie Group Ltd. increased its position in shares of Omega Healthcare Investors by 2.2% in the fourth quarter. Macquarie Group Ltd. now owns 54,630 shares of the real estate investment trust’s stock valued at $1,707,000 after buying an additional 1,150 shares during the period. Creative Planning increased its position in shares of Omega Healthcare Investors by 5.9% in the first quarter. Creative Planning now owns 24,861 shares of the real estate investment trust’s stock valued at $820,000 after buying an additional 1,387 shares during the period. Bank of Montreal Can increased its position in shares of Omega Healthcare Investors by 33.8% in the first quarter. Bank of Montreal Can now owns 119,848 shares of the real estate investment trust’s stock valued at $3,954,000 after buying an additional 30,298 shares during the period. Gradient Investments LLC increased its position in shares of Omega Healthcare Investors by 15.3% in the first quarter. Gradient Investments LLC now owns 188,365 shares of the real estate investment trust’s stock valued at $6,214,000 after buying an additional 24,972 shares during the period. Finally, Capstone Asset Management Co. increased its position in shares of Omega Healthcare Investors by 5.3% in the first quarter. Capstone Asset Management Co. now owns 18,503 shares of the real estate investment trust’s stock valued at $610,000 after buying an additional 930 shares during the period. 73.62% of the stock is owned by institutional investors.

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) opened at 30.59 on Thursday. The company has a market capitalization of $6.03 billion, a PE ratio of 16.14 and a beta of 0.50. The company’s 50 day moving average is $32.73 and its 200-day moving average is $32.58. Omega Healthcare Investors, Inc. has a 52 week low of $28.11 and a 52 week high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly 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 for the quarter, compared to analyst estimates of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 EPS. On average, analysts expect that Omega Healthcare Investors, Inc. will post $1.82 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Friday, July 28th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 8.37%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.63. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 135.45%.

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OHI has been the subject of several analyst reports. Vetr downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price target for the company. in a report on Monday, April 17th. Zacks Investment Research raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Wednesday, April 19th. Jefferies Group LLC reissued a “hold” rating and set a $33.00 price target on shares of Omega Healthcare Investors in a report on Friday, May 12th. Finally, BidaskClub raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $34.38.

In other news, COO Daniel J. Booth sold 20,000 shares of the firm’s stock in a transaction dated Monday, June 26th. The stock was sold at an average price of $34.65, for a total transaction of $693,000.00. Following the sale, the chief operating officer now owns 90,335 shares of the company’s stock, valued at $3,130,107.75. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Robert O. Stephenson sold 23,000 shares of the firm’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of $34.58, for a total value of $795,340.00. Following the sale, the chief financial officer now directly owns 68,978 shares in the company, valued at approximately $2,385,259.24. The disclosure for this sale can be found here. Company insiders own 4.54% of the company’s stock.

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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