Edmp Inc. lessened its stake in Omega Healthcare Investors Inc (NYSE:OHI) by 4.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 116,730 shares of the real estate investment trust’s stock after selling 5,621 shares during the quarter. Omega Healthcare Investors makes up about 2.6% of Edmp Inc.’s investment portfolio, making the stock its 17th largest position. Edmp Inc. owned about 0.06% of Omega Healthcare Investors worth $3,049,000 as of its most recent filing with the SEC.
Other hedge funds also recently added to or reduced their stakes in the company. Barnett & Company Inc. lifted its holdings in shares of Omega Healthcare Investors by 1,980.0% in the third quarter. Barnett & Company Inc. now owns 5,200 shares of the real estate investment trust’s stock worth $166,000 after buying an additional 4,950 shares in the last quarter. Mcmillion Capital Management Inc. purchased a new position in shares of Omega Healthcare Investors in the third quarter worth $201,000. Timber Hill LLC purchased a new position in shares of Omega Healthcare Investors in the third quarter worth $206,000. Good Life Advisors LLC purchased a new position in shares of Omega Healthcare Investors in the third quarter worth $209,000. Finally, HighPoint Advisor Group LLC purchased a new position in shares of Omega Healthcare Investors in the third quarter worth $216,000. 68.07% of the stock is currently owned by hedge funds and other institutional investors.
OHI has been the topic of several research reports. Cantor Fitzgerald initiated coverage on shares of Omega Healthcare Investors in a research report on Wednesday, December 20th. They issued an “overweight” rating and a $34.00 price target on the stock. Jefferies Group restated a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. ValuEngine upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price target on the stock. in a research report on Thursday, October 19th. Finally, SunTrust Banks restated a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Omega Healthcare Investors presently has an average rating of “Hold” and a consensus target price of $32.14.
In other news, Director Bernard J. Korman acquired 100,000 shares of the business’s stock in a transaction on Friday, December 22nd. The shares were acquired at an average price of $26.89 per share, for a total transaction of $2,689,000.00. Following the completion of the transaction, the director now directly owns 896,895 shares of the company’s stock, valued at approximately $24,117,506.55. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Craig R. Callen acquired 10,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were purchased at an average price of $27.38 per share, for a total transaction of $273,800.00. The disclosure for this purchase can be found here. Insiders have acquired 210,000 shares of company stock worth $5,786,800 in the last quarter. Company insiders own 1.54% of the company’s stock.
Shares of Omega Healthcare Investors Inc (OHI) traded up $0.33 on Tuesday, reaching $26.45. 950,012 shares of the company traded hands, compared to its average volume of 2,001,556. Omega Healthcare Investors Inc has a 12 month low of $26.06 and a 12 month high of $35.14. The company has a market capitalization of $5,220.00, a PE ratio of 34.80, a PEG ratio of 2.70 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.40 and a quick ratio of 3.40.
Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Monday, October 30th. The real estate investment trust reported ($0.67) earnings per share for the quarter, missing the consensus estimate of $0.83 by ($1.50). Omega Healthcare Investors had a return on equity of 3.92% and a net margin of 17.61%. analysts anticipate that Omega Healthcare Investors Inc will post 3.21 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.
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