Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $948,000 Position in Omega Healthcare Investors, Inc. (OHI)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,723 shares of the real estate investment trust’s stock after selling 16 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Omega Healthcare Investors were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Omega Healthcare Investors by 4.6% in the 1st quarter. Vanguard Group Inc. now owns 31,762,511 shares of the real estate investment trust’s stock worth $1,047,845,000 after purchasing an additional 1,397,206 shares in the last quarter. BlackRock Inc. increased its stake in Omega Healthcare Investors by 4,872.8% in the 1st quarter. BlackRock Inc. now owns 19,889,913 shares of the real estate investment trust’s stock worth $656,169,000 after purchasing an additional 19,489,938 shares in the last quarter. State Street Corp increased its stake in Omega Healthcare Investors by 2.5% in the 1st quarter. State Street Corp now owns 6,020,950 shares of the real estate investment trust’s stock worth $198,623,000 after purchasing an additional 147,637 shares in the last quarter. Principal Financial Group Inc. increased its stake in Omega Healthcare Investors by 137.5% in the 2nd quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock worth $181,736,000 after purchasing an additional 3,186,783 shares in the last quarter. Finally, Morgan Stanley increased its stake in Omega Healthcare Investors by 1.6% in the 1st quarter. Morgan Stanley now owns 3,687,995 shares of the real estate investment trust’s stock worth $121,667,000 after purchasing an additional 59,077 shares in the last quarter. 74.60% of the stock is currently owned by hedge funds and other institutional investors.

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

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A number of brokerages recently weighed in on OHI. ValuEngine cut Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Zacks Investment Research cut Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th. Finally, BidaskClub cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has an average rating of “Hold” and an average target price of $34.38.

Shares of Omega Healthcare Investors, Inc. (OHI) opened at 32.66 on Wednesday. The firm has a market capitalization of $6.44 billion, a price-to-earnings ratio of 17.23 and a beta of 0.51. Omega Healthcare Investors, Inc. has a 12 month low of $28.11 and a 12 month high of $36.68. The firm’s 50-day moving average price is $31.54 and its 200-day moving average price is $32.50.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.16). Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The business had revenue of $194.00 million during the quarter, compared to the consensus estimate of $194.59 million. During the same quarter last year, the company earned $0.87 earnings per share. The firm’s revenue was up 4.0% compared to the same quarter last year. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post $1.77 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st were issued a $0.64 dividend. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.63. This represents a $2.56 annualized dividend and a dividend yield of 7.84%. The ex-dividend date was Friday, July 28th. Omega Healthcare Investors’s dividend payout ratio is 135.45%.

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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