Keybank National Association OH trimmed its position in Omega Healthcare Investors Inc (NYSE:OHI) by 0.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,888 shares of the real estate investment trust’s stock after selling 322 shares during the quarter. Keybank National Association OH’s holdings in Omega Healthcare Investors were worth $1,319,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in OHI. BlackRock Inc. increased its stake in Omega Healthcare Investors by 2.7% in the first quarter. BlackRock Inc. now owns 24,307,257 shares of the real estate investment trust’s stock valued at $927,322,000 after acquiring an additional 629,799 shares during the last quarter. Marshall Wace North America L.P. bought a new position in Omega Healthcare Investors in the first quarter valued at approximately $14,811,000. Parametric Portfolio Associates LLC increased its stake in Omega Healthcare Investors by 54.8% in the first quarter. Parametric Portfolio Associates LLC now owns 731,379 shares of the real estate investment trust’s stock valued at $27,902,000 after acquiring an additional 258,849 shares during the last quarter. Federated Investors Inc. PA increased its stake in Omega Healthcare Investors by 7.6% in the first quarter. Federated Investors Inc. PA now owns 3,460,637 shares of the real estate investment trust’s stock valued at $132,023,000 after acquiring an additional 243,272 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Omega Healthcare Investors by 55.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 675,575 shares of the real estate investment trust’s stock valued at $25,775,000 after acquiring an additional 240,787 shares during the last quarter. 69.26% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on the stock. Raymond James raised shares of Omega Healthcare Investors from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $40.00 to $42.00 in a research note on Thursday, August 8th. Zacks Investment Research raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, July 31st. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $38.77.

Shares of NYSE OHI traded up $0.92 during midday trading on Friday, reaching $39.22. 2,105,500 shares of the company were exchanged, compared to its average volume of 1,522,033. The stock’s 50-day moving average price is $37.22 and its 200-day moving average price is $36.82. The stock has a market cap of $8.29 billion, a P/E ratio of 12.90, a PEG ratio of 5.04 and a beta of 0.42. Omega Healthcare Investors Inc has a one year low of $31.69 and a one year high of $40.30. The company has a quick ratio of 2.86, a current ratio of 2.78 and a debt-to-equity ratio of 1.17.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Tuesday, August 6th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.39). The company had revenue of $191.81 million for the quarter, compared to the consensus estimate of $190.46 million. Omega Healthcare Investors had a return on equity of 6.79% and a net margin of 29.38%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 EPS. On average, equities research analysts anticipate that Omega Healthcare Investors Inc will post 2.98 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 31st were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.73%. Omega Healthcare Investors’s payout ratio is presently 86.84%.

In other news, CEO C Taylor Pickett sold 5,500 shares of Omega Healthcare Investors stock in a transaction on Monday, July 8th. The shares were sold at an average price of $38.00, for a total transaction of $209,000.00. Following the transaction, the chief executive officer now owns 227,933 shares in the company, valued at $8,661,454. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Robert O. Stephenson sold 10,000 shares of Omega Healthcare Investors stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $38.00, for a total transaction of $380,000.00. Following the transaction, the chief financial officer now owns 223,326 shares in the company, valued at approximately $8,486,388. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 75,500 shares of company stock worth $2,869,000. Insiders own 1.16% of the company’s stock.

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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