OppenheimerFunds Inc. raised its position in Omega Healthcare Investors Inc (NYSE:OHI) by 3.4% during the 2nd quarter, Holdings Channel reports. The firm owned 62,745 shares of the real estate investment trust’s stock after acquiring an additional 2,084 shares during the period. OppenheimerFunds Inc.’s holdings in Omega Healthcare Investors were worth $1,945,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of OHI. Daiwa Securities Group Inc. boosted its holdings 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 valued at $156,015,000 after purchasing an additional 1,536,523 shares during the last quarter. Scout Investments Inc. boosted its holdings in Omega Healthcare Investors by 355.2% in the 2nd quarter. Scout Investments Inc. now owns 1,130,335 shares of the real estate investment trust’s stock valued at $35,040,000 after purchasing an additional 882,039 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in Omega Healthcare Investors by 3,000.0% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 909,261 shares of the real estate investment trust’s stock valued at $29,331,000 after purchasing an additional 879,930 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings 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 valued at $176,373,000 after purchasing an additional 736,393 shares during the last quarter. Finally, Carillon Tower Advisers Inc. boosted its holdings in Omega Healthcare Investors by 378.2% in the 2nd quarter. Carillon Tower Advisers Inc. now owns 726,048 shares of the real estate investment trust’s stock valued at $22,507,000 after purchasing an additional 574,225 shares during the last quarter. Institutional investors own 72.26% of the company’s stock.

Several equities analysts have weighed in on OHI shares. ValuEngine lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Monday, June 11th. Wells Fargo & Co downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating in a research note on Monday, June 25th. They noted that the move was a valuation call. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Wednesday, July 18th. Cantor Fitzgerald reissued a “buy” rating and issued a $34.00 price target on shares of Omega Healthcare Investors in a research note on Monday, August 6th. Finally, Stifel Nicolaus boosted their price target on shares of Omega Healthcare Investors from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, August 7th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $31.37.

Omega Healthcare Investors stock opened at $32.77 on Monday. The company has a market capitalization of $6.57 billion, a PE ratio of 9.93, a P/E/G ratio of 5.51 and a beta of 0.30. Omega Healthcare Investors Inc has a 1 year low of $24.90 and a 1 year high of $33.51. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 1.15.

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

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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