Omega Healthcare Investors, Inc. (NYSE:OHI) Downgraded by Hilliard Lyons

Omega Healthcare Investors, Inc. (NYSE:OHI) was downgraded by Hilliard Lyons to a “buy” rating in a research note issued on Wednesday, November 1st, The Fly reports.

A number of other equities research analysts have also recently commented on OHI. BidaskClub cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. ValuEngine cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a “hold” rating and set a $30.00 price objective on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. Finally, Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price objective on the stock. in a research report on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Omega Healthcare Investors presently has an average rating of “Hold” and an average target price of $31.83.

Shares of Omega Healthcare Investors (NYSE:OHI) opened at $26.80 on Wednesday. Omega Healthcare Investors has a one year low of $26.43 and a one year high of $35.14. The company has a market cap of $5,350.00, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 2.82 and a beta of 0.53. The company has a current ratio of 3.40, a quick ratio of 3.40 and a debt-to-equity ratio of 1.18.

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In other news, Director Bernard J. Korman acquired 100,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was bought at an average cost of $28.24 per share, with a total value of $2,824,000.00. Following the completion of the purchase, the director now directly owns 903,895 shares of the company’s stock, valued at $25,525,994.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Craig R. Callen acquired 10,000 shares of the company’s stock in a transaction on Thursday, November 2nd. The shares were purchased at an average cost of $27.38 per share, with a total value of $273,800.00. The disclosure for this purchase can be found here. Insiders own 1.54% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Baltimore Washington Financial Advisors Inc. boosted its stake in Omega Healthcare Investors by 5.5% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 244,212 shares of the real estate investment trust’s stock worth $7,793,000 after buying an additional 12,690 shares during the period. Pacer Advisors Inc. boosted its stake in shares of Omega Healthcare Investors by 17.1% during the second quarter. Pacer Advisors Inc. now owns 28,758 shares of the real estate investment trust’s stock valued at $950,000 after purchasing an additional 4,194 shares during the period. First Trust Advisors LP boosted its stake in shares of Omega Healthcare Investors by 17.5% during the third quarter. First Trust Advisors LP now owns 533,770 shares of the real estate investment trust’s stock valued at $17,033,000 after purchasing an additional 79,562 shares during the period. Honeywell International Inc. boosted its stake in shares of Omega Healthcare Investors by 27.8% during the third quarter. Honeywell International Inc. now owns 56,210 shares of the real estate investment trust’s stock valued at $1,794,000 after purchasing an additional 12,210 shares during the period. Finally, Jaffetilchin Investment Partners LLC purchased a new stake in shares of Omega Healthcare Investors during the third quarter valued at $277,000. 72.50% of the stock is owned by institutional investors.

About Omega Healthcare Investors

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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