Omega Healthcare Investors, Inc. (OHI) Holdings Lifted by State Street Corp

State Street Corp raised its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,278,985 shares of the real estate investment trust’s stock after buying an additional 258,035 shares during the quarter. State Street Corp owned about 3.18% of Omega Healthcare Investors worth $207,335,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Principal Financial Group Inc. lifted its stake in Omega Healthcare Investors by 137.5% in the 2nd quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock valued at $181,736,000 after acquiring an additional 3,186,783 shares in the last quarter. FMR LLC lifted its stake in Omega Healthcare Investors by 71.9% in the 2nd quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock valued at $77,573,000 after acquiring an additional 982,771 shares in the last quarter. Vanguard Group Inc. lifted its stake in Omega Healthcare Investors by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,497,878 shares of the real estate investment trust’s stock valued at $1,073,080,000 after acquiring an additional 735,367 shares in the last quarter. BlackRock Inc. lifted its stake in Omega Healthcare Investors by 3.6% in the 2nd quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock valued at $680,443,000 after acquiring an additional 717,086 shares in the last quarter. Finally, LSV Asset Management raised its stake in shares of Omega Healthcare Investors by 28.5% during the 2nd quarter. LSV Asset Management now owns 1,724,155 shares of the real estate investment trust’s stock worth $56,931,000 after purchasing an additional 382,200 shares in the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

OHI has been the topic of a number of analyst reports. Capital One Financial Corporation initiated coverage on Omega Healthcare Investors in a research note on Monday. They set an “equal weight” rating and a $34.00 price objective on the stock. Zacks Investment Research cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. BidaskClub cut Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Vetr cut Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price target on the stock. in a research note on Thursday, October 19th. Finally, ValuEngine upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $33.07.

Shares of Omega Healthcare Investors, Inc. (OHI) traded up 0.38% on Friday, reaching $31.44. The company’s stock had a trading volume of 184,598 shares. The firm’s 50 day moving average is $31.98 and its 200-day moving average is $32.41. The stock has a market cap of $6.20 billion, a P/E ratio of 16.59 and a beta of 0.53. Omega Healthcare Investors, Inc. has a 52-week low of $28.11 and a 52-week high of $35.14.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.49 by ($0.16). Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The company had revenue of $194.00 million during the quarter, compared to analysts’ expectations of $194.59 million. During the same quarter in the prior year, the business posted $0.87 EPS. The company’s revenue was up 4.0% on a year-over-year basis. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post $1.77 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 8.30%. The ex-dividend date is Monday, October 30th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. Omega Healthcare Investors’s payout ratio is 135.45%.

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Omega Healthcare Investors Company 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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