Oxbow Advisors LLC Has $6.61 Million Position in Omega Healthcare Investors, Inc. (OHI)

Oxbow Advisors LLC lowered its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 19.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 200,113 shares of the real estate investment trust’s stock after selling 49,848 shares during the period. Omega Healthcare Investors makes up approximately 1.2% of Oxbow Advisors LLC’s investment portfolio, making the stock its 19th largest position. Oxbow Advisors LLC owned approximately 0.10% of Omega Healthcare Investors worth $6,608,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Copeland Capital Management LLC boosted its position in Omega Healthcare Investors by 8.2% in the second quarter. Copeland Capital Management LLC now owns 434,241 shares of the real estate investment trust’s stock valued at $14,339,000 after buying an additional 33,022 shares during the period. Forsta AP Fonden boosted its position in Omega Healthcare Investors by 143.9% in the second quarter. Forsta AP Fonden now owns 66,100 shares of the real estate investment trust’s stock valued at $2,183,000 after buying an additional 39,000 shares during the period. Wright Investors Service Inc. boosted its position in Omega Healthcare Investors by 37.9% in the second quarter. Wright Investors Service Inc. now owns 16,979 shares of the real estate investment trust’s stock valued at $561,000 after buying an additional 4,665 shares during the period. US Bancorp DE boosted its position in Omega Healthcare Investors by 26.4% in the second quarter. US Bancorp DE now owns 35,191 shares of the real estate investment trust’s stock valued at $1,162,000 after buying an additional 7,340 shares during the period. Finally, Gradient Investments LLC boosted its position in Omega Healthcare Investors by 6.4% in the second quarter. Gradient Investments LLC now owns 200,336 shares of the real estate investment trust’s stock valued at $6,615,000 after buying an additional 11,971 shares during the period. Hedge funds and other institutional investors own 73.62% of the company’s stock.

Omega Healthcare Investors, Inc. (OHI) opened at 30.29 on Friday. The firm’s 50-day moving average is $32.54 and its 200-day moving average is $32.55. The company has a market capitalization of $5.97 billion, a PE ratio of 15.98 and a beta of 0.50. Omega Healthcare Investors, Inc. has a 12 month low of $28.11 and a 12 month high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.16. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The business had revenue of $194 million during the quarter, compared to analysts’ expectations of $194.59 million. During the same period in the prior year, the firm posted $0.87 earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post $1.82 EPS for the current fiscal year.

The company 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 $0.64 dividend. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. The ex-dividend date of this dividend is Friday, July 28th. This represents a $2.56 dividend on an annualized basis and a yield of 8.45%. Omega Healthcare Investors’s payout ratio is presently 135.45%.

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Several research analysts recently weighed in on the stock. BidaskClub cut shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Jefferies Group LLC restated a “hold” rating and issued a $33.00 price objective on shares of Omega Healthcare Investors in a research report on Friday, May 12th. Finally, Vetr cut shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating and set a $32.50 price objective on the stock. in a research report on Monday, April 17th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $34.38.

In other Omega Healthcare Investors news, COO Daniel J. Booth sold 20,000 shares of Omega Healthcare Investors stock in a transaction that occurred 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 sale, the chief operating officer now owns 90,335 shares of the company’s stock, valued at approximately $3,130,107.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Robert O. Stephenson sold 23,000 shares of Omega Healthcare Investors stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $34.58, for a total value of $795,340.00. Following the completion of the sale, the chief financial officer now directly owns 68,978 shares in the company, 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.

Omega Healthcare Investors Company 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)

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