Sigma Planning Corp cut its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 67,136 shares of the real estate investment trust’s stock after selling 1,929 shares during the period. Sigma Planning Corp’s holdings in Omega Healthcare Investors were worth $2,217,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Omega Healthcare Investors by 4.6% in the first quarter. Vanguard Group Inc. now owns 31,762,511 shares of the real estate investment trust’s stock valued at $1,047,845,000 after buying an additional 1,397,206 shares during the period. BlackRock Inc. increased its position in Omega Healthcare Investors by 4,872.8% in the first quarter. BlackRock Inc. now owns 19,889,913 shares of the real estate investment trust’s stock valued at $656,169,000 after buying an additional 19,489,938 shares during the period. State Street Corp increased its position in Omega Healthcare Investors by 2.5% in the first quarter. State Street Corp now owns 6,020,950 shares of the real estate investment trust’s stock valued at $198,623,000 after buying an additional 147,637 shares during the period. Bank of New York Mellon Corp increased its position in Omega Healthcare Investors by 1.7% in the first quarter. Bank of New York Mellon Corp now owns 4,072,873 shares of the real estate investment trust’s stock valued at $134,365,000 after buying an additional 67,809 shares during the period. Finally, Morgan Stanley increased its position in Omega Healthcare Investors by 1.6% in the first quarter. Morgan Stanley now owns 3,687,995 shares of the real estate investment trust’s stock valued at $121,667,000 after buying an additional 59,077 shares during the period. 73.62% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors, Inc. (NYSE OHI) opened at 30.29 on Friday. Omega Healthcare Investors, Inc. has a 12 month low of $28.11 and a 12 month high of $38.09. The company’s 50-day moving average is $32.54 and its 200-day moving average is $32.55. The stock has a market capitalization of $5.97 billion, a P/E ratio of 15.98 and a beta of 0.50.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.16. The business had revenue of $194 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%. Omega Healthcare Investors’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post $1.82 earnings per share for the current 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 paid a dividend of $0.64 per share. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.63. This represents a $2.56 annualized dividend and a dividend yield of 8.45%. The ex-dividend date is Friday, July 28th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 135.45%.

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Several research analysts have recently weighed in on OHI shares. Zacks Investment Research raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Wednesday, April 19th. BidaskClub downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Vetr downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 target price on the stock. in a research report on Monday, April 17th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $33.00 target price on shares of Omega Healthcare Investors in a research report on Friday, May 12th. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $34.38.

In other Omega Healthcare Investors news, Director Craig R. Callen purchased 15,000 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was bought at an average cost of $31.40 per share, with a total value of $471,000.00. Following the purchase, the director now directly owns 18,000 shares of the company’s stock, valued at $565,200. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Daniel J. Booth sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of $34.65, for a total transaction of $693,000.00. Following the transaction, the chief operating officer now directly owns 90,335 shares of the company’s stock, valued at $3,130,107.75. The disclosure for this sale can be found here. 4.54% of the stock is owned by company insiders.

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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