Susquehanna Fundamental Investments LLC Takes Position in Omega Healthcare Investors Inc (OHI)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 63,640 shares of the real estate investment trust’s stock, valued at approximately $1,721,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Omega Healthcare Investors by 17.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,053 shares of the real estate investment trust’s stock valued at $442,000 after purchasing an additional 2,399 shares during the period. Comerica Bank grew its holdings in Omega Healthcare Investors by 1.5% during the fourth quarter. Comerica Bank now owns 165,331 shares of the real estate investment trust’s stock valued at $4,543,000 after purchasing an additional 2,460 shares during the period. California Public Employees Retirement System grew its holdings in Omega Healthcare Investors by 5.9% during the fourth quarter. California Public Employees Retirement System now owns 412,451 shares of the real estate investment trust’s stock valued at $11,359,000 after purchasing an additional 22,894 shares during the period. Swiss National Bank grew its holdings in Omega Healthcare Investors by 2.5% during the fourth quarter. Swiss National Bank now owns 335,958 shares of the real estate investment trust’s stock valued at $9,252,000 after purchasing an additional 8,200 shares during the period. Finally, Candriam Luxembourg S.C.A. bought a new position in Omega Healthcare Investors during the fourth quarter valued at $468,000. 71.41% of the stock is owned by institutional investors.

Omega Healthcare Investors stock opened at $31.27 on Friday. Omega Healthcare Investors Inc has a one year low of $24.90 and a one year high of $34.84. The company has a debt-to-equity ratio of 1.20, a current ratio of 4.01 and a quick ratio of 4.01. The firm has a market capitalization of $6.14 billion, a PE ratio of 9.48, a P/E/G ratio of 3.49 and a beta of 0.41.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Monday, May 7th. The real estate investment trust reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.05. Omega Healthcare Investors had a return on equity of 2.02% and a net margin of 8.94%. The firm had revenue of $193.90 million during the quarter, compared to analyst estimates of $194.60 million. During the same period last year, the company earned $0.86 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. analysts anticipate that Omega Healthcare Investors Inc will post 2.96 EPS for the current fiscal year.

Several equities analysts have weighed in on OHI shares. Cantor Fitzgerald reissued a “buy” rating and set a $34.00 price objective on shares of Omega Healthcare Investors in a report on Wednesday, March 7th. Raymond James began coverage on Omega Healthcare Investors in a report on Wednesday, April 25th. They issued a “market perform” rating for the company. Wells Fargo & Co raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $32.00 price target for the company in a report on Thursday, February 15th. Zacks Investment Research raised Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Wednesday, May 16th. Finally, ValuEngine lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Monday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $31.00.

Omega Healthcare Investors Profile

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.

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

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