Townsquare Capital LLC Purchases 3,829 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Townsquare Capital LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 14.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,617 shares of the real estate investment trust’s stock after purchasing an additional 3,829 shares during the period. Townsquare Capital LLC’s holdings in Omega Healthcare Investors were worth $1,128,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in OHI. NBC Securities Inc. purchased a new stake in Omega Healthcare Investors during the first quarter worth about $29,000. Dunhill Financial LLC increased its stake in shares of Omega Healthcare Investors by 97.9% in the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 750 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of Omega Healthcare Investors by 177.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,009 shares in the last quarter. Park Square Financial Group LLC purchased a new position in Omega Healthcare Investors during the fourth quarter valued at approximately $61,000. Finally, UMB Bank n.a. grew its stake in Omega Healthcare Investors by 94.9% during the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust’s stock valued at $83,000 after acquiring an additional 1,059 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Up 1.1%

Shares of NYSE OHI opened at $40.86 on Friday. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm’s fifty day moving average is $37.95 and its 200 day moving average is $37.43. The company has a market cap of $12.05 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 2.79 and a beta of 0.66. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million for the quarter, compared to the consensus estimate of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 EPS. On average, equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Monday, August 4th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Monday, August 4th. Omega Healthcare Investors’s payout ratio is presently 165.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada lifted their target price on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a research report on Thursday, August 7th. Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $38.00 to $41.00 in a report on Monday, July 14th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $42.00.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director directly owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. The trade was a 11.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

About Omega Healthcare Investors

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, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.