Global X MANAGEMENT CO LLC Increases Stake in Omega Healthcare Investors, Inc. (OHI)

Global X MANAGEMENT CO LLC lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 302,014 shares of the real estate investment trust’s stock after purchasing an additional 15,374 shares during the period. Global X MANAGEMENT CO LLC owned about 0.15% of Omega Healthcare Investors worth $9,637,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. lifted its position in shares of Omega Healthcare Investors by 167.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,432 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 2,150 shares during the period. Ffcm LLC lifted its position in shares of Omega Healthcare Investors by 197.6% in the 2nd quarter. Ffcm LLC now owns 3,402 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 2,259 shares during the period. Chicago Partners Investment Group LLC lifted its position in shares of Omega Healthcare Investors by 656.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,015 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 5,220 shares during the period. Good Life Advisors LLC purchased a new stake in shares of Omega Healthcare Investors in the 3rd quarter worth approximately $209,000. Finally, ARP Americas LLC purchased a new stake in shares of Omega Healthcare Investors in the 2nd quarter worth approximately $218,000. 72.33% of the stock is owned by hedge funds and other institutional investors.

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Several equities research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. SunTrust Banks, Inc. reissued a “hold” rating and set a $30.00 target price on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. Hilliard Lyons cut shares of Omega Healthcare Investors to a “buy” rating in a research report on Wednesday, November 1st. TheStreet cut shares of Omega Healthcare Investors from a “b-” rating to a “c” rating in a research report on Monday, October 30th. Finally, Stifel Nicolaus cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and decreased their target price for the company from $35.00 to $29.00 in a research report on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $31.83.

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) traded down $0.01 during trading on Friday, reaching $28.05. 1,741,400 shares of the company’s stock were exchanged, compared to its average volume of 3,229,471. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.40 and a quick ratio of 3.04. Omega Healthcare Investors, Inc. has a twelve month low of $27.32 and a twelve month high of $35.14. The firm has a market cap of $5,555.95, a price-to-earnings ratio of 8.25, a price-to-earnings-growth ratio of 2.92 and a beta of 0.53.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.65 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Monday, October 30th. This represents a $2.60 dividend on an annualized basis and a yield of 9.27%. Omega Healthcare Investors’s dividend payout ratio is presently 317.08%.

In related news, Director Craig R. Callen purchased 10,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were acquired at an average price of $27.38 per share, for a total transaction of $273,800.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Bernard J. Korman purchased 100,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were bought at an average price of $28.24 per share, for a total transaction of $2,824,000.00. Following the purchase, the director now directly owns 903,895 shares in the company, valued at approximately $25,525,994.80. The disclosure for this purchase can be found here. Corporate insiders own 1.54% of the company’s stock.

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.

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

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