Wayne Hummer Investments L.L.C. Cuts Holdings in Omega Healthcare Investors, Inc. (OHI)

Wayne Hummer Investments L.L.C. lessened its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 59.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,750 shares of the real estate investment trust’s stock after selling 26,300 shares during the quarter. Wayne Hummer Investments L.L.C.’s holdings in Omega Healthcare Investors were worth $566,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. NN Investment Partners Holdings N.V. raised its position in Omega Healthcare Investors by 8.2% during the second quarter. NN Investment Partners Holdings N.V. now owns 21,080 shares of the real estate investment trust’s stock worth $696,000 after acquiring an additional 1,600 shares in the last quarter. Creative Planning increased its holdings in shares of Omega Healthcare Investors by 13.9% in the second quarter. Creative Planning now owns 28,316 shares of the real estate investment trust’s stock valued at $935,000 after purchasing an additional 3,455 shares during the last quarter. Eqis Capital Management Inc. increased its holdings in shares of Omega Healthcare Investors by 23.6% in the second quarter. Eqis Capital Management Inc. now owns 13,336 shares of the real estate investment trust’s stock valued at $440,000 after purchasing an additional 2,548 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Omega Healthcare Investors by 4.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 71,325 shares of the real estate investment trust’s stock valued at $2,355,000 after purchasing an additional 3,072 shares during the last quarter. Finally, LS Investment Advisors LLC increased its holdings in shares of Omega Healthcare Investors by 19.0% in the second quarter. LS Investment Advisors LLC now owns 15,730 shares of the real estate investment trust’s stock valued at $519,000 after purchasing an additional 2,508 shares during the last quarter. 72.32% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: This article was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this article on another site, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://sportsperspectives.com/2017/11/17/wayne-hummer-investments-l-l-c-cuts-holdings-in-omega-healthcare-investors-inc-ohi.html.

Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Hilliard Lyons downgraded shares of Omega Healthcare Investors to a “buy” rating in a research note on Wednesday, November 1st. BidaskClub downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Jefferies Group LLC reaffirmed a “hold” rating and set a $30.00 price objective on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $30.00 price objective on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $31.83.

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

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) traded up $0.02 during midday trading on Friday, reaching $27.22. 5,563,200 shares of the company were exchanged, compared to its average volume of 2,137,683. The company has a market cap of $5,380.00, a price-to-earnings ratio of 8.00, a PEG ratio of 2.83 and a beta of 0.53. Omega Healthcare Investors, Inc. has a 1-year low of $26.84 and a 1-year high of $35.14. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 1.18.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date was Monday, October 30th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. Omega Healthcare Investors’s dividend payout ratio (DPR) is 333.33%.

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.

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

Receive News & Ratings for Omega Healthcare Investors Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply