Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Gareth Morgan Investments Limited Partnership

Gareth Morgan Investments Limited Partnership increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,165 shares of the real estate investment trust’s stock after buying an additional 2,261 shares during the quarter. Gareth Morgan Investments Limited Partnership’s holdings in Omega Healthcare Investors were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in OHI. BlackRock Inc. grew its stake in Omega Healthcare Investors by 4,872.8% during the 1st quarter. BlackRock Inc. now owns 19,889,913 shares of the real estate investment trust’s stock valued at $656,169,000 after purchasing an additional 19,489,938 shares in the last quarter. Principal Financial Group Inc. grew its stake in Omega Healthcare Investors by 137.5% during the 2nd quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock valued at $181,736,000 after purchasing an additional 3,186,783 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Omega Healthcare Investors by 111.3% during the 1st quarter. JPMorgan Chase & Co. now owns 2,749,118 shares of the real estate investment trust’s stock valued at $90,694,000 after purchasing an additional 1,448,079 shares in the last quarter. Vanguard Group Inc. grew its stake in Omega Healthcare Investors by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 31,762,511 shares of the real estate investment trust’s stock valued at $1,047,845,000 after purchasing an additional 1,397,206 shares in the last quarter. Finally, Prudential Financial Inc. grew its stake in Omega Healthcare Investors by 49.8% during the 1st quarter. Prudential Financial Inc. now owns 1,501,849 shares of the real estate investment trust’s stock valued at $49,546,000 after purchasing an additional 499,244 shares in the last quarter. Institutional investors own 74.60% of the company’s stock.

Several analysts recently issued reports on the company. ValuEngine cut Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. BidaskClub cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $34.38.

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Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) traded up 0.18% during mid-day trading on Friday, hitting $32.69. The company’s stock had a trading volume of 239,964 shares. The company has a 50-day moving average price of $31.48 and a 200-day moving average price of $32.50. The stock has a market cap of $6.45 billion, a PE ratio of 17.25 and a beta of 0.51. Omega Healthcare Investors, Inc. has a 1-year low of $28.11 and a 1-year high of $36.68.

Omega Healthcare Investors (NYSE:OHI) last issued 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). The company had revenue of $194.00 million during the quarter, compared to the consensus estimate of $194.59 million. Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. Omega Healthcare Investors’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.87 EPS. Analysts predict that Omega Healthcare Investors, Inc. will post $1.77 EPS for the current fiscal year.

In other Omega Healthcare Investors news, COO Daniel J. Booth sold 20,000 shares of the stock in a transaction on Monday, June 26th. The shares were sold at an average price of $34.65, for a total transaction of $693,000.00. Following the completion of the sale, the chief operating officer now owns 90,335 shares of the company’s stock, valued at approximately $3,130,107.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert O. Stephenson sold 23,000 shares of the stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $34.58, for a total transaction of $795,340.00. Following the sale, the chief financial officer now directly owns 68,978 shares of the company’s stock, valued at approximately $2,385,259.24. The disclosure for this sale can be found here. 4.54% of the stock is currently owned by company insiders.

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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