Trustcore Financial Services LLC Invests $582,000 in Omega Healthcare Investors Inc (OHI)

Trustcore Financial Services LLC acquired a new stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 21,133 shares of the real estate investment trust’s stock, valued at approximately $582,000.

Several other institutional investors have also recently made changes to their positions in OHI. Public Employees Retirement System of Ohio grew its position in Omega Healthcare Investors by 1.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 89,756 shares of the real estate investment trust’s stock worth $2,964,000 after acquiring an additional 1,493 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Omega Healthcare Investors by 10.2% during the 3rd quarter. Daiwa Securities Group Inc. now owns 19,520 shares of the real estate investment trust’s stock worth $623,000 after acquiring an additional 1,800 shares during the last quarter. State Board of Administration of Florida Retirement System grew its position in Omega Healthcare Investors by 0.8% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 238,119 shares of the real estate investment trust’s stock worth $7,598,000 after acquiring an additional 1,880 shares during the last quarter. Barry Investment Advisors LLC grew its position in Omega Healthcare Investors by 0.6% during the 3rd quarter. Barry Investment Advisors LLC now owns 343,451 shares of the real estate investment trust’s stock worth $10,960,000 after acquiring an additional 1,915 shares during the last quarter. Finally, IFP Advisors Inc grew its position in Omega Healthcare Investors by 4.5% during the 3rd quarter. IFP Advisors Inc now owns 44,773 shares of the real estate investment trust’s stock worth $1,429,000 after acquiring an additional 1,937 shares during the last quarter. Hedge funds and other institutional investors own 71.90% of the company’s stock.

In other Omega Healthcare Investors news, Director Bernard J. Korman acquired 100,000 shares of the company’s stock in a transaction on Friday, December 22nd. The stock was acquired at an average price of $26.89 per share, for a total transaction of $2,689,000.00. Following the acquisition, the director now owns 896,895 shares in the company, valued at approximately $24,117,506.55. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.54% of the company’s stock.

Shares of Omega Healthcare Investors Inc (OHI) opened at $26.74 on Monday. Omega Healthcare Investors Inc has a fifty-two week low of $24.90 and a fifty-two week high of $35.14. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.55 and a quick ratio of 3.40. The firm has a market capitalization of $5,302.78, a P/E ratio of 8.08, a price-to-earnings-growth ratio of 3.02 and a beta of 0.41.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.18). Omega Healthcare Investors had a return on equity of 2.48% and a net margin of 11.06%. The business had revenue of $221.21 million during the quarter, compared to analysts’ expectations of $219.07 million. sell-side analysts forecast that Omega Healthcare Investors Inc will post 2.95 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were issued a $0.66 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $2.64 annualized dividend and a yield of 9.87%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.65. Omega Healthcare Investors’s dividend payout ratio (DPR) is 528.01%.

Several research firms recently issued reports on OHI. Capital One Financial began coverage on Omega Healthcare Investors in a research report on Monday, October 23rd. They set an “equal weight” rating and a $34.00 price target on the stock. Vetr lowered Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 price target on the stock. in a research report on Monday, October 30th. Stifel Nicolaus lowered Omega Healthcare Investors from a “buy” rating to a “hold” rating and reduced their price target for the stock from $35.00 to $29.00 in a research report on Tuesday, October 31st. TheStreet lowered Omega Healthcare Investors from a “b-” rating to a “c” rating in a research report on Monday, October 30th. Finally, SunTrust Banks restated a “hold” rating and set a $30.00 price target on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Omega Healthcare Investors has a consensus rating of “Hold” and a consensus target price of $31.37.

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

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