IFP Advisors Inc Has $1.41 Million Stake in Omega Healthcare Investors, Inc. (OHI)

IFP Advisors Inc boosted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,836 shares of the real estate investment trust’s stock after buying an additional 4,656 shares during the period. IFP Advisors Inc’s holdings in Omega Healthcare Investors were worth $1,414,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. increased its position in shares of 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 worth $656,169,000 after buying an additional 19,489,938 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Omega Healthcare Investors by 111.3% in the first quarter. JPMorgan Chase & Co. now owns 2,749,118 shares of the real estate investment trust’s stock worth $90,694,000 after buying an additional 1,448,079 shares in the last quarter. Vanguard Group Inc. increased its position in shares of 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 worth $1,047,845,000 after buying an additional 1,397,206 shares in the last quarter. PGGM Investments increased its position in shares of Omega Healthcare Investors by 51.5% in the first quarter. PGGM Investments now owns 2,354,000 shares of the real estate investment trust’s stock worth $77,658,000 after buying an additional 800,000 shares in the last quarter. Finally, Prudential Financial Inc. increased its position in shares of Omega Healthcare Investors by 49.8% in the first quarter. Prudential Financial Inc. now owns 1,501,849 shares of the real estate investment trust’s stock worth $49,546,000 after buying an additional 499,244 shares in the last quarter. 73.62% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors, Inc. (OHI) opened at 31.15 on Tuesday. The firm has a market capitalization of $6.14 billion, a PE ratio of 16.44 and a beta of 0.50. Omega Healthcare Investors, Inc. has a one year low of $28.11 and a one year high of $38.09. The stock’s 50 day moving average is $33.05 and its 200-day moving average is $32.65.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. The business had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 earnings per share. On average, analysts anticipate that Omega Healthcare Investors, Inc. will post $1.87 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be given a $0.64 dividend. The ex-dividend date is Friday, July 28th. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. This represents a $2.56 dividend on an annualized basis and a dividend yield of 8.22%. Omega Healthcare Investors’s dividend payout ratio is currently 135.45%.

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A number of equities analysts recently weighed in on OHI shares. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Vetr cut 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. Jefferies Group LLC restated a “hold” rating and issued a $33.00 price target on shares of Omega Healthcare Investors in a report on Friday, May 12th. Finally, BidaskClub upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $34.38.

In other news, CFO Robert O. Stephenson sold 23,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The shares were 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 of the company’s stock, valued at approximately $2,385,259.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Daniel J. Booth sold 20,000 shares of the company’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 completion of the sale, the chief operating officer now directly owns 90,335 shares in the company, valued at $3,130,107.75. The disclosure for this sale can be found here. 4.54% of the stock is owned by corporate 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.

Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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