Capital Management Corp VA Purchases Shares of 215,820 Omega Healthcare Investors, Inc. (OHI)

Capital Management Corp VA acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 215,820 shares of the real estate investment trust’s stock, valued at approximately $7,126,000. Omega Healthcare Investors accounts for about 2.1% of Capital Management Corp VA’s portfolio, making the stock its 21st largest position. Capital Management Corp VA owned approximately 0.11% of Omega Healthcare Investors as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in Omega Healthcare Investors during the fourth quarter worth $42,945,000. Advisors Asset Management Inc. raised its position in Omega Healthcare Investors by 15.0% in the first quarter. Advisors Asset Management Inc. now owns 74,345 shares of the real estate investment trust’s stock worth $2,453,000 after buying an additional 9,715 shares during the last quarter. Howe & Rusling Inc. raised its position in Omega Healthcare Investors by 19.5% in the first quarter. Howe & Rusling Inc. now owns 232,679 shares of the real estate investment trust’s stock worth $7,676,000 after buying an additional 37,905 shares during the last quarter. Capstone Asset Management Co. raised its position in Omega Healthcare Investors by 5.3% in the first quarter. Capstone Asset Management Co. now owns 18,503 shares of the real estate investment trust’s stock worth $610,000 after buying an additional 930 shares during the last quarter. Finally, Brookfield Asset Management Inc. raised its position in Omega Healthcare Investors by 12.5% in the fourth quarter. Brookfield Asset Management Inc. now owns 3,120,526 shares of the real estate investment trust’s stock worth $97,548,000 after buying an additional 347,800 shares during the last quarter. Institutional investors and hedge funds own 73.62% of the company’s stock.

Omega Healthcare Investors, Inc. (NYSE OHI) opened at 30.29 on Friday. Omega Healthcare Investors, Inc. has a one year low of $28.11 and a one year high of $38.09. The firm has a market cap of $5.97 billion, a PE ratio of 15.98 and a beta of 0.50. The stock has a 50 day moving average of $32.54 and a 200 day moving average of $32.55.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by $0.16. The firm had revenue of $194 million during the quarter, compared to analyst estimates of $194.59 million. Omega Healthcare Investors had a net margin of 40.20% and a return on equity of 8.88%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 earnings per share. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post $1.82 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be paid a dividend of $0.64 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.63. This represents a $2.56 annualized dividend and a yield of 8.45%. The ex-dividend date of this dividend is Friday, July 28th. Omega Healthcare Investors’s dividend payout ratio is currently 135.45%.

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OHI has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Vetr downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 target price on the stock. in a research note on Monday, April 17th. Jefferies Group LLC reaffirmed a “hold” rating and set a $33.00 target price on shares of Omega Healthcare Investors in a research note on Friday, May 12th. Finally, BidaskClub raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Omega Healthcare Investors currently has a consensus rating of “Hold” and a consensus target price of $34.38.

In related news, Director Craig R. Callen acquired 15,000 shares of the company’s stock in a transaction on Friday, June 2nd. The stock was purchased at an average cost of $31.40 per share, for a total transaction of $471,000.00. Following the completion of the purchase, the director now directly owns 18,000 shares of the company’s stock, valued at approximately $565,200. The transaction 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 the stock in a transaction 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 transaction, the chief operating officer now owns 90,335 shares of the company’s stock, valued at $3,130,107.75. The disclosure for this sale can be found here. Corporate 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.

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

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