Ameriprise Financial Inc. Raises Position in Omega Healthcare Investors, Inc. (OHI)

Ameriprise Financial Inc. boosted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,166,920 shares of the real estate investment trust’s stock after acquiring an additional 27,048 shares during the period. Ameriprise Financial Inc. owned approximately 0.59% of Omega Healthcare Investors worth $37,203,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Timber Hill LLC acquired a new stake in Omega Healthcare Investors during the third quarter valued at approximately $206,000. Advisors Asset Management Inc. boosted its holdings in Omega Healthcare Investors by 12.0% during the third quarter. Advisors Asset Management Inc. now owns 97,373 shares of the real estate investment trust’s stock valued at $3,107,000 after purchasing an additional 10,425 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Omega Healthcare Investors by 8.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 52,628 shares of the real estate investment trust’s stock valued at $1,679,000 after purchasing an additional 4,226 shares in the last quarter. Kiwi Wealth Investments Limited Partnership boosted its holdings in Omega Healthcare Investors by 25.9% during the third quarter. Kiwi Wealth Investments Limited Partnership now owns 45,545 shares of the real estate investment trust’s stock valued at $1,453,000 after purchasing an additional 9,380 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in Omega Healthcare Investors by 13.3% during the third quarter. Stratos Wealth Partners LTD. now owns 20,569 shares of the real estate investment trust’s stock valued at $656,000 after purchasing an additional 2,419 shares in the last quarter. Hedge funds and other institutional investors own 68.12% of the company’s stock.

A number of equities research analysts have weighed in on OHI shares. ValuEngine raised Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research raised Omega Healthcare Investors from a “sell” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Wednesday, October 4th. Hilliard Lyons downgraded Omega Healthcare Investors to a “buy” rating in a report on Wednesday, November 1st. TheStreet downgraded Omega Healthcare Investors from a “b-” rating to a “c” rating in a report on Monday, October 30th. Finally, Capital One Financial started coverage on Omega Healthcare Investors in a report on Monday, October 23rd. They set an “equal weight” rating and a $34.00 price objective on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $31.83.

Omega Healthcare Investors, Inc. (OHI) opened at $27.19 on Friday. The company has a market capitalization of $5,385.60, a P/E ratio of 8.00, a PEG ratio of 2.82 and a beta of 0.50. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 1.18. Omega Healthcare Investors, Inc. has a 1-year low of $26.43 and a 1-year high of $35.14.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were issued a $0.65 dividend. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.64. This represents a $2.60 annualized dividend and a dividend yield of 9.56%. The ex-dividend date was Monday, October 30th. Omega Healthcare Investors’s payout ratio is presently 317.08%.

In other Omega Healthcare Investors news, Director Craig R. Callen bought 10,000 shares of Omega Healthcare Investors stock in a transaction dated Thursday, November 2nd. The shares were acquired at an average cost of $27.38 per share, with a total value of $273,800.00. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bernard J. Korman bought 100,000 shares of Omega Healthcare Investors stock in a transaction dated Tuesday, October 31st. The stock was acquired at an average cost of $28.24 per share, for a total transaction of $2,824,000.00. Following the completion of the acquisition, the director now directly owns 903,895 shares in the company, valued at $25,525,994.80. The disclosure for this purchase can be found here. 1.54% of the stock is owned by insiders.

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Omega Healthcare Investors 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.

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

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