P.A.W. Capital Corp Decreases Holdings in Omega Healthcare Investors Inc (OHI)

P.A.W. Capital Corp reduced its stake in Omega Healthcare Investors Inc (NYSE:OHI) by 11.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,000 shares of the real estate investment trust’s stock after selling 2,000 shares during the period. P.A.W. Capital Corp’s holdings in Omega Healthcare Investors were worth $572,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. BlackRock Inc. grew its stake in shares of Omega Healthcare Investors by 5.4% in the fourth quarter. BlackRock Inc. now owns 23,677,458 shares of the real estate investment trust’s stock valued at $832,264,000 after acquiring an additional 1,205,432 shares in the last quarter. LSV Asset Management grew its stake in shares of Omega Healthcare Investors by 0.3% in the fourth quarter. LSV Asset Management now owns 4,835,252 shares of the real estate investment trust’s stock valued at $169,959,000 after acquiring an additional 13,749 shares in the last quarter. Federated Investors Inc. PA grew its stake in shares of Omega Healthcare Investors by 19.5% in the third quarter. Federated Investors Inc. PA now owns 3,213,565 shares of the real estate investment trust’s stock valued at $105,309,000 after acquiring an additional 524,162 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of Omega Healthcare Investors by 3,415.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,757,904 shares of the real estate investment trust’s stock valued at $78,000 after acquiring an additional 2,679,443 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Omega Healthcare Investors by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 2,312,184 shares of the real estate investment trust’s stock valued at $81,791,000 after acquiring an additional 171,333 shares in the last quarter. Hedge funds and other institutional investors own 67.92% of the company’s stock.

Several research firms recently commented on OHI. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Tuesday. ValuEngine cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Scotiabank assumed coverage on shares of Omega Healthcare Investors in a research report on Thursday, February 7th. They set a “sector perform” rating and a $39.37 price objective for the company. Stifel Nicolaus cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $39.00 price objective for the company. in a research report on Thursday, February 7th. Finally, Mitsubishi UFJ Financial Group raised shares of Omega Healthcare Investors from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $34.00 to $40.00 in a research report on Friday, January 4th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. Omega Healthcare Investors presently has an average rating of “Hold” and an average target price of $35.80.

OHI opened at $36.08 on Wednesday. Omega Healthcare Investors Inc has a twelve month low of $25.14 and a twelve month high of $40.30. The company has a debt-to-equity ratio of 1.21, a current ratio of 3.93 and a quick ratio of 3.93. The stock has a market cap of $7.37 billion, a P/E ratio of 11.87, a PEG ratio of 4.85 and a beta of 0.50.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Monday, February 11th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.74 by ($0.43). Omega Healthcare Investors had a return on equity of 7.37% and a net margin of 31.94%. The firm had revenue of $219.75 million for the quarter, compared to the consensus estimate of $223.27 million. As a group, analysts anticipate that Omega Healthcare Investors Inc will post 2.98 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $2.64 annualized dividend and a yield of 7.32%. Omega Healthcare Investors’s dividend payout ratio is 86.84%.

In other news, insider Steven J. Insoft sold 50,000 shares of the stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $40.00, for a total value of $2,000,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Taylor Pickett sold 22,788 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $38.04, for a total transaction of $866,855.52. Following the completion of the transaction, the chief executive officer now directly owns 329,133 shares of the company’s stock, valued at approximately $12,520,219.32. The disclosure for this sale can be found here. Insiders have sold 115,788 shares of company stock valued at $4,440,176 in the last ninety days. 1.65% of the stock is currently owned by company insiders.

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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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