Goelzer Investment Management Inc. Has $9 Million Stake in Omega Healthcare Investors Inc (OHI)

Goelzer Investment Management Inc. cut its position in Omega Healthcare Investors Inc (NYSE:OHI) by 0.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 326,666 shares of the real estate investment trust’s stock after selling 3,103 shares during the quarter. Omega Healthcare Investors accounts for about 1.0% of Goelzer Investment Management Inc.’s portfolio, making the stock its 21st largest holding. Goelzer Investment Management Inc.’s holdings in Omega Healthcare Investors were worth $8,996,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Omega Healthcare Investors by 71.9% during the 2nd quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock valued at $77,573,000 after purchasing an additional 982,771 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Omega Healthcare Investors by 21.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 226,601 shares of the real estate investment trust’s stock valued at $7,482,000 after purchasing an additional 40,277 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Omega Healthcare Investors by 25.1% during the 2nd quarter. Royal Bank of Canada now owns 187,949 shares of the real estate investment trust’s stock valued at $6,207,000 after purchasing an additional 37,654 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of Omega Healthcare Investors by 16.0% during the 2nd quarter. Macquarie Group Ltd. now owns 65,255 shares of the real estate investment trust’s stock valued at $2,155,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Omega Healthcare Investors by 228.3% during the 2nd quarter. Janus Henderson Group PLC now owns 61,298 shares of the real estate investment trust’s stock valued at $2,024,000 after purchasing an additional 42,629 shares during the last quarter. Institutional investors own 67.91% of the company’s stock.

Shares of Omega Healthcare Investors Inc (NYSE OHI) opened at $25.36 on Friday. Omega Healthcare Investors Inc has a 1-year low of $24.90 and a 1-year high of $35.14. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 1.18. The firm has a market cap of $5,177.64, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 2.70 and a beta of 0.41.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.66 dividend. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.65. This represents a $2.64 dividend on an annualized basis and a dividend yield of 10.41%. The ex-dividend date of this dividend is Tuesday, January 30th. Omega Healthcare Investors’s dividend payout ratio is currently 321.96%.

In other news, Director Bernard J. Korman acquired 100,000 shares of Omega Healthcare Investors stock in a transaction dated Friday, December 22nd. The shares were bought at an average cost of $26.89 per share, with a total value of $2,689,000.00. Following the purchase, the director now owns 896,895 shares in the company, valued at approximately $24,117,506.55. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.54% of the company’s stock.

A number of equities research analysts have weighed in on the stock. ValuEngine lowered shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. SunTrust Banks set a $28.00 target price on shares of Omega Healthcare Investors and gave the stock a “hold” rating in a report on Monday, January 22nd. Zacks Investment Research lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Jefferies Group reissued an “underperform” rating on shares of Omega Healthcare Investors in a report on Thursday, December 21st. Finally, Cantor Fitzgerald assumed coverage on shares of Omega Healthcare Investors in a report on Wednesday, December 20th. They set an “overweight” rating and a $34.00 target price on the stock. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $31.85.

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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.

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

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