Suntrust Banks Inc. Has $432,000 Holdings in Omega Healthcare Investors, Inc. (OHI)

Suntrust Banks Inc. decreased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 13.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,121 shares of the real estate investment trust’s stock after selling 2,078 shares during the quarter. Suntrust Banks Inc.’s holdings in Omega Healthcare Investors were worth $432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Bronfman E.L. Rothschild L.P. raised its holdings in Omega Healthcare Investors by 167.7% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,432 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 2,150 shares during the period. Ffcm LLC raised its holdings in Omega Healthcare Investors by 197.6% during the 2nd quarter. Ffcm LLC now owns 3,402 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 2,259 shares during the period. Chicago Partners Investment Group LLC raised its holdings in Omega Healthcare Investors by 656.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,015 shares of the real estate investment trust’s stock valued at $193,000 after acquiring an additional 5,220 shares during the period. ARP Americas LLC bought a new stake in Omega Healthcare Investors during the 2nd quarter valued at $218,000. Finally, Schnieders Capital Management LLC bought a new stake in Omega Healthcare Investors during the 2nd quarter valued at $226,000. 72.84% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on OHI shares. BidaskClub raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Thursday, June 22nd. Zacks Investment Research cut shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Jefferies Group LLC reissued a “hold” rating and set a $30.00 target price on shares of Omega Healthcare Investors in a report on Tuesday, October 3rd. Finally, ValuEngine raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $32.63.

Omega Healthcare Investors, Inc. (OHI) opened at 31.40 on Thursday. The stock has a 50 day moving average of $31.91 and a 200 day moving average of $32.51. The company has a market cap of $6.19 billion, a PE ratio of 16.57 and a beta of 0.53. Omega Healthcare Investors, Inc. has a 12-month low of $28.11 and a 12-month high of $35.14.

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 analysts’ consensus estimates of $0.49 by ($0.16). Omega Healthcare Investors had a net margin of 40.20% and a return on equity of 8.88%. The firm had revenue of $194.00 million for the quarter, compared to analysts’ expectations of $194.59 million. During the same quarter last year, the firm posted $0.87 EPS. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. Equities analysts expect that Omega Healthcare Investors, Inc. will post $1.77 earnings per share for the current year.

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Omega Healthcare Investors Profile

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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