215,820 Shares in Omega Healthcare Investors, Inc. (OHI) Acquired by Capital Management Corp VA

Capital Management Corp VA purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, Holdings Channel reports. The institutional investor purchased 215,820 shares of the real estate investment trust’s stock, valued at approximately $7,126,000. Omega Healthcare Investors comprises 2.1% of Capital Management Corp VA’s holdings, making the stock its 21st largest position.

A number of other institutional investors have also recently modified their holdings of the stock. Atlantic Trust Group LLC increased its position in shares of Omega Healthcare Investors by 0.6% in the first quarter. Atlantic Trust Group LLC now owns 21,847 shares of the real estate investment trust’s stock valued at $720,000 after buying an additional 122 shares during the last quarter. Private Trust Co. NA increased its position in shares of Omega Healthcare Investors by 0.7% in the first quarter. Private Trust Co. NA now owns 19,251 shares of the real estate investment trust’s stock worth $635,000 after buying an additional 128 shares in the last quarter. Wade G W & Inc. increased its position in shares of Omega Healthcare Investors by 1.0% in the first quarter. Wade G W & Inc. now owns 13,347 shares of the real estate investment trust’s stock worth $440,000 after buying an additional 130 shares in the last quarter. Anchor Capital Advisors LLC increased its position in shares of Omega Healthcare Investors by 1.6% in the first quarter. Anchor Capital Advisors LLC now owns 9,380 shares of the real estate investment trust’s stock worth $309,000 after buying an additional 150 shares in the last quarter. Finally, Weaver C. Barksdale & Associates Inc. increased its position in shares of Omega Healthcare Investors by 0.6% in the second quarter. Weaver C. Barksdale & Associates Inc. now owns 29,467 shares of the real estate investment trust’s stock worth $973,000 after buying an additional 184 shares in the last quarter. Institutional investors own 73.59% of the company’s stock.

Omega Healthcare Investors, Inc. (NYSE:OHI) traded up 0.93% during midday trading on Monday, reaching $33.68. 1,664,212 shares of the company were exchanged. The firm has a 50-day moving average price of $32.74 and a 200-day moving average price of $32.40. The company has a market capitalization of $6.63 billion, a PE ratio of 15.79 and a beta of 0.51. Omega Healthcare Investors, Inc. has a 52 week low of $28.11 and a 52 week high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.88 EPS for the quarter, topping the consensus estimate of $0.86 by $0.02. Omega Healthcare Investors had a net margin of 45.16% and a return on equity of 9.95%. The company had revenue of $231.74 million during the quarter, compared to analysts’ expectations of $197.55 million. During the same quarter in the previous year, the business posted $0.83 EPS. The firm’s revenue was up 8.9% on a year-over-year basis. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post $1.99 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be issued a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a yield of 7.60%. The ex-dividend date of this dividend is Friday, July 28th. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.63. Omega Healthcare Investors’s payout ratio is 118.31%.

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A number of equities analysts have commented on the stock. BidaskClub upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Jefferies Group LLC restated a “hold” rating and issued a $33.00 target price on shares of Omega Healthcare Investors in a research note on Friday, May 12th. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Thursday, June 8th. Finally, Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $34.12 target price on the stock. in a research note on Wednesday, March 29th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $34.67.

In other news, Director Craig R. Callen purchased 15,000 shares of the stock in a transaction on Friday, June 2nd. The stock was bought at an average price of $31.40 per share, for a total transaction of $471,000.00. Following the acquisition, the director now directly owns 18,000 shares of the company’s stock, valued at approximately $565,200. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert O. Stephenson sold 23,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $34.58, for a total transaction of $795,340.00. Following the transaction, the chief financial officer now owns 68,978 shares of the company’s stock, valued at approximately $2,385,259.24. The disclosure for this sale can be found here. Insiders own 4.54% of the company’s stock.

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.

Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI).

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

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