HGK Asset Management Inc. grew its holdings in Omega Healthcare Investors Inc (NYSE:OHI) by 14.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,077 shares of the real estate investment trust’s stock after acquiring an additional 2,072 shares during the period. HGK Asset Management Inc.’s holdings in Omega Healthcare Investors were worth $498,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. boosted its holdings in Omega Healthcare Investors by 1.3% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 152,548 shares of the real estate investment trust’s stock worth $4,121,000 after buying an additional 1,954 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in Omega Healthcare Investors by 3.4% during the first quarter. Municipal Employees Retirement System of Michigan now owns 61,700 shares of the real estate investment trust’s stock worth $1,668,000 after buying an additional 2,050 shares in the last quarter. Mason Street Advisors LLC boosted its holdings in Omega Healthcare Investors by 2.2% during the first quarter. Mason Street Advisors LLC now owns 99,745 shares of the real estate investment trust’s stock worth $2,697,000 after buying an additional 2,161 shares in the last quarter. Comerica Bank boosted its holdings in Omega Healthcare Investors by 1.4% during the first quarter. Comerica Bank now owns 167,596 shares of the real estate investment trust’s stock worth $4,344,000 after buying an additional 2,265 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in Omega Healthcare Investors by 4.4% during the second quarter. D.A. Davidson & CO. now owns 55,860 shares of the real estate investment trust’s stock worth $1,732,000 after buying an additional 2,345 shares in the last quarter. 72.11% of the stock is currently owned by institutional investors and hedge funds.

OHI has been the topic of a number of recent analyst reports. ValuEngine downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 16th. Stifel Nicolaus upped their price objective on shares of Omega Healthcare Investors from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Tuesday, August 7th. Jefferies Financial Group upgraded shares of Omega Healthcare Investors from an “underperform” rating to a “hold” rating and set a $27.00 price objective for the company in a research report on Wednesday, May 16th. Finally, Raymond James initiated coverage on shares of Omega Healthcare Investors in a research report on Wednesday, April 25th. They set a “market perform” rating for the company. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $31.37.

NYSE:OHI opened at $32.57 on Tuesday. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 1.15. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 9.87, a P/E/G ratio of 5.51 and a beta of 0.35. Omega Healthcare Investors Inc has a fifty-two week low of $24.90 and a fifty-two week high of $32.97.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Friday, August 3rd. The real estate investment trust reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.02. The business had revenue of $192.85 million during the quarter, compared to analysts’ expectations of $200.30 million. Omega Healthcare Investors had a net margin of 10.61% and a return on equity of 2.49%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. equities research analysts predict that Omega Healthcare Investors Inc will post 2.97 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 15th. Stockholders of record on Tuesday, July 31st were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 8.11%. The ex-dividend date of this dividend was Monday, July 30th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 80.00%.

About Omega Healthcare Investors

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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