Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 75.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,534 shares of the real estate investment trust’s stock after acquiring an additional 10,523 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Omega Healthcare Investors were worth $890,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in OHI. BlackRock Inc. increased its stake in Omega Healthcare Investors by 6.1% during the first quarter. BlackRock Inc. now owns 28,758,509 shares of the real estate investment trust’s stock worth $1,053,425,000 after acquiring an additional 1,644,879 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Omega Healthcare Investors by 74.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,358,003 shares of the real estate investment trust’s stock worth $86,374,000 after acquiring an additional 1,006,102 shares during the last quarter. D. E. Shaw & Co. Inc. increased its stake in Omega Healthcare Investors by 97.3% during the first quarter. D. E. Shaw & Co. Inc. now owns 1,785,698 shares of the real estate investment trust’s stock worth $65,410,000 after acquiring an additional 880,573 shares during the last quarter. Amundi Asset Management US Inc. increased its stake in Omega Healthcare Investors by 29.5% during the first quarter. Amundi Asset Management US Inc. now owns 3,170,392 shares of the real estate investment trust’s stock worth $116,240,000 after acquiring an additional 722,453 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in Omega Healthcare Investors by 165.3% during the first quarter. Prudential Financial Inc. now owns 740,389 shares of the real estate investment trust’s stock worth $27,120,000 after acquiring an additional 461,283 shares during the last quarter. Institutional investors own 68.50% of the company’s stock.

Shares of OHI opened at $31.13 on Wednesday. The company has a market capitalization of $7.44 billion, a P/E ratio of 33.84, a P/E/G ratio of 5.34 and a beta of 0.99. Omega Healthcare Investors, Inc. has a one year low of $28.08 and a one year high of $39.31. The company has a debt-to-equity ratio of 1.25, a quick ratio of 3.65 and a current ratio of 3.65. The stock has a 50-day moving average price of $34.52 and a 200 day moving average price of $36.20.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Sunday, August 1st. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). The business had revenue of $257.42 million during the quarter, compared to analysts’ expectations of $235.89 million. Omega Healthcare Investors had a net margin of 23.48% and a return on equity of 5.26%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 EPS. As a group, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 3.25 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 13th. Shareholders of record on Monday, August 2nd were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 8.61%. The ex-dividend date of this dividend was Friday, July 30th. Omega Healthcare Investors’s dividend payout ratio is presently 82.97%.

In other Omega Healthcare Investors news, insider Steven J. Insoft sold 25,000 shares of the stock in a transaction that occurred on Friday, June 25th. The stock was sold at an average price of $36.71, for a total transaction of $917,750.00. Following the transaction, the insider now owns 184,588 shares of the company’s stock, valued at approximately $6,776,225.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last ninety days, insiders have acquired 1,755 shares of company stock worth $62,479. 1.16% of the stock is currently owned by company insiders.

A number of equities research analysts have recently issued reports on OHI shares. Mizuho reiterated a “neutral” rating and issued a $39.00 target price on shares of Omega Healthcare Investors in a research note on Wednesday, July 14th. Bank of America lowered Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their target price for the company from $37.00 to $33.00 in a research note on Thursday, August 26th. Wolfe Research started coverage on Omega Healthcare Investors in a research note on Monday, June 14th. They issued a “peer perform” rating and a $43.00 target price for the company. Scotiabank lowered Omega Healthcare Investors from a “sector outperform” rating to a “sector perform” rating and lowered their target price for the company from $41.00 to $39.00 in a research note on Thursday, June 17th. They noted that the move was a valuation call. Finally, Capital One Financial lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and set a $38.00 target price for the company. in a research note on Wednesday, August 4th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $39.45.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities. Its portfolio consists of long-term leases and mortgage agreements. The company was founded on March 31, 1992 and is headquartered in Hunt Valley, MD.

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

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