Posted by Donnie Miller on Nov 7th, 2016 // No Comments
Omega Healthcare Investors logoOmega Healthcare Investors Inc. (NYSE:OHI) CEO C Taylor Pickett acquired 21,800 shares of the business’s stock in a transaction that occurred on Friday, November 4th. The shares were purchased at an average price of $29.26 per share, with a total value of $637,868.00. Following the completion of the transaction, the chief executive officer now owns 276,261 shares of the company’s stock, valued at approximately $8,083,396.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Omega Healthcare Investors Inc. (NYSE:OHI) traded up 4.21% during trading on Monday, reaching $30.46. The company’s stock had a trading volume of 3,456,226 shares. The stock has a market cap of $5.89 billion, a P/E ratio of 19.12 and a beta of 0.59. Omega Healthcare Investors Inc. has a 1-year low of $26.96 and a 1-year high of $38.09. The company’s 50 day moving average price is $33.50 and its 200-day moving average price is $34.07.
Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Monday, October 31st. The real estate investment trust reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by $0.04. Omega Healthcare Investors had a net margin of 34.53% and a return on equity of 7.37%. The firm earned $224.60 million during the quarter, compared to the consensus estimate of $186.35 million. During the same period in the previous year, the firm earned $0.79 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Equities analysts forecast that Omega Healthcare Investors Inc. will post $3.39 earnings per share for the current fiscal year.
Insider Buying and Selling by Quarter for Omega Healthcare Investors (NYSE:OHI)
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Monday, October 31st will be issued a dividend of $0.61 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.60. This represents a $2.44 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date of this dividend is Thursday, October 27th. Omega Healthcare Investors’s payout ratio is currently 155.42%.
Several research analysts have recently weighed in on the stock. Vetr upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $35.84 price objective on the stock in a report on Tuesday, July 12th. Thomas Weisel reaffirmed a “buy” rating and issued a $35.85 price target on shares of Omega Healthcare Investors in a research report on Monday, August 1st. Zacks Investment Research downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. SunTrust Banks Inc. lifted their price target on Omega Healthcare Investors from $38.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. Finally, TheStreet raised Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $37.21.
A number of hedge funds have recently modified their holdings of the company. Point72 Asia Hong Kong Ltd bought a new stake in Omega Healthcare Investors during the second quarter valued at about $102,000. Evercore Wealth Management LLC increased its stake in Omega Healthcare Investors by 27.7% in the second quarter. Evercore Wealth Management LLC now owns 3,005 shares of the real estate investment trust’s stock valued at $102,000 after buying an additional 651 shares in the last quarter. Checchi Capital Advisers LLC increased its stake in Omega Healthcare Investors by 1.3% in the second quarter. Checchi Capital Advisers LLC now owns 3,059 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 39 shares in the last quarter. Advisory Services Network LLC increased its stake in Omega Healthcare Investors by 117.9% in the second quarter. Advisory Services Network LLC now owns 3,269 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 1,769 shares in the last quarter. Finally, Winslow Evans & Crocker Inc. increased its stake in Omega Healthcare Investors by 5.9% in the second quarter. Winslow Evans & Crocker Inc. now owns 3,600 shares of the real estate investment trust’s stock valued at $122,000 after buying an additional 200 shares in the last quarter. 84.92% of the stock is owned by hedge funds and other institutional investors.
Omega Healthcare Investors Company Profile
Omega Healthcare Investors, Inc (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
5 Day Chart for NYSE:OHI
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Recent OHI News
- Omega Reports First Quarter 2024 Results and Recent Developments • Business Wire • 05/02/2024 08:15:00 PM
- Omega Announces Quarterly Dividend and Schedules First Quarter Earnings Release Date and Conference Call • Business Wire • 04/18/2024 06:31:00 PM
- Inspīr Carnegie Hill Presented with the Esteemed Reputation 800 List Award • PR Newswire (US) • 02/27/2024 04:17:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/12/2024 03:07:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 09:36:30 PM
- Omega Reports Fourth Quarter and Full Year 2023 Results • Business Wire • 02/07/2024 09:20:00 PM
- Omega Announces Quarterly Dividend • Business Wire • 01/26/2024 08:12:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:18:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:17:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:16:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:15:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:14:21 PM
- Omega Announces Fourth Quarter Earnings Release Date and Conference Call • Business Wire • 01/11/2024 08:24:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 01:54:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 05:53:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 05:52:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 05:52:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 05:51:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 05:50:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 01:00:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/04/2023 01:20:10 PM
- Omega Issues Business Update in Conjunction With Jefferies Real Estate Conference • Business Wire • 12/04/2023 01:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 03:14:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 08:26:58 PM
- Omega Reports Third Quarter 2023 Results and Recent Developments • Business Wire • 11/02/2023 08:20:00 PM
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