Omega Healthcare Investors, Inc. (OHI) Position Increased by Pacer Advisors Inc.

Pacer Advisors Inc. boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 46.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,033 shares of the real estate investment trust’s stock after buying an additional 13,275 shares during the quarter. Pacer Advisors Inc.’s holdings in Omega Healthcare Investors were worth $1,341,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Ffcm LLC boosted its stake in 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 valued at $115,000 after buying an additional 2,259 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in 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 valued at $113,000 after purchasing an additional 2,150 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in 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 valued at $193,000 after purchasing an additional 5,220 shares during the last quarter. Timber Hill LLC bought a new position in Omega Healthcare Investors in the 3rd quarter valued at $206,000. Finally, ARP Americas LLC bought a new position in Omega Healthcare Investors in the 2nd quarter valued at $218,000. 72.50% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on OHI shares. Zacks Investment Research downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. SunTrust Banks, Inc. restated a “hold” rating and set a $30.00 target price on shares of Omega Healthcare Investors in a research report on Wednesday, November 1st. BidaskClub downgraded Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Vetr downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 target price for the company. in a research report on Thursday, October 19th. Finally, TheStreet downgraded Omega Healthcare Investors from a “b-” rating to a “c” rating in a research report on Monday, October 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $31.83.

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In related news, Director Bernard J. Korman bought 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average price of $28.24 per share, for a total transaction of $2,824,000.00. Following the completion of the acquisition, the director now owns 903,895 shares of the company’s stock, valued at approximately $25,525,994.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Craig R. Callen bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were bought 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. 1.54% of the stock is owned by corporate insiders.

Omega Healthcare Investors, Inc. (OHI) traded up $0.30 during mid-day trading on Wednesday, hitting $27.10. The stock had a trading volume of 3,965,400 shares, compared to its average volume of 2,165,521. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $5,308.36, a PE ratio of 7.88, a P/E/G ratio of 2.78 and a beta of 0.53. Omega Healthcare Investors, Inc. has a 52 week low of $26.43 and a 52 week high of $35.14.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were given a dividend of $0.65 per share. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.64. This represents a $2.60 annualized dividend and a dividend yield of 9.59%. The ex-dividend date of this dividend was Monday, October 30th. Omega Healthcare Investors’s dividend payout ratio is currently 317.08%.

About Omega Healthcare Investors

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)

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