LSV Asset Management Raises Holdings in Omega Healthcare Investors, Inc. (OHI)

LSV Asset Management boosted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 28.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,724,155 shares of the real estate investment trust’s stock after buying an additional 382,200 shares during the quarter. LSV Asset Management owned approximately 0.87% of Omega Healthcare Investors worth $56,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Pacer Advisors Inc. lifted its position in Omega Healthcare Investors by 17.1% in the second quarter. Pacer Advisors Inc. now owns 28,758 shares of the real estate investment trust’s stock valued at $950,000 after purchasing an additional 4,194 shares during the last quarter. Geneva Advisors LLC lifted its position in Omega Healthcare Investors by 18.2% in the second quarter. Geneva Advisors LLC now owns 35,798 shares of the real estate investment trust’s stock valued at $1,182,000 after purchasing an additional 5,510 shares during the last quarter. Asset Management One Co. Ltd. lifted its position in Omega Healthcare Investors by 17.6% in the first quarter. Asset Management One Co. Ltd. now owns 523,679 shares of the real estate investment trust’s stock valued at $17,276,000 after purchasing an additional 78,189 shares during the last quarter. BlackRock Inc. lifted its position in Omega Healthcare Investors by 4,872.8% in the first quarter. BlackRock Inc. now owns 19,889,913 shares of the real estate investment trust’s stock valued at $656,169,000 after purchasing an additional 19,489,938 shares during the last quarter. Finally, Oxford Asset Management bought a new stake in Omega Healthcare Investors in the first quarter valued at approximately $1,351,000. 74.58% of the stock is owned by institutional investors and hedge funds.

Several analysts have weighed in on OHI shares. BidaskClub upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, ValuEngine downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $34.38.

In other news, CFO Robert O. Stephenson sold 23,000 shares of Omega Healthcare Investors stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $34.58, for a total value of $795,340.00. Following the completion of the transaction, the chief financial officer now owns 68,978 shares in the company, valued at approximately $2,385,259.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Daniel J. Booth sold 20,000 shares of Omega Healthcare Investors stock in a transaction that occurred on Monday, June 26th. The stock was sold at an average price of $34.65, for a total value of $693,000.00. Following the completion of the transaction, the chief operating officer now owns 90,335 shares of the company’s stock, valued at approximately $3,130,107.75. The disclosure for this sale can be found here. 4.54% of the stock is currently owned by insiders.

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Omega Healthcare Investors, Inc. (NYSE OHI) opened at 32.46 on Friday. The company’s 50 day moving average price is $31.57 and its 200-day moving average price is $32.49. Omega Healthcare Investors, Inc. has a one year low of $28.11 and a one year high of $36.68. The company has a market cap of $6.40 billion, a P/E ratio of 17.13 and a beta of 0.51.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. The company had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. Omega Healthcare Investors’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 EPS. On average, analysts forecast that Omega Healthcare Investors, Inc. will post $1.77 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st were issued a $0.64 dividend. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.63. The ex-dividend date was Friday, July 28th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 7.89%. Omega Healthcare Investors’s payout ratio is 135.45%.

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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