JPMorgan Chase & Co. decreased its stake in Omega Healthcare Investors Inc. (NYSE:OHI) by 2.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,499,560 shares of the real estate investment trust’s stock after selling 138,900 shares during the period. JPMorgan Chase & Co. owned approximately 3.36% of Omega Healthcare Investors worth $230,408,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OHI. Barry Investment Advisors LLC raised its position in shares of Omega Healthcare Investors by 3,544.2% in the second quarter. Barry Investment Advisors LLC now owns 308,006 shares of the real estate investment trust’s stock valued at $10,457,000 after buying an additional 299,554 shares during the period. Gradient Investments LLC raised its position in shares of Omega Healthcare Investors by 11.3% in the second quarter. Gradient Investments LLC now owns 127,104 shares of the real estate investment trust’s stock valued at $4,315,000 after buying an additional 12,890 shares during the period. Capstone Asset Management Co. raised its position in shares of Omega Healthcare Investors by 3.1% in the second quarter. Capstone Asset Management Co. now owns 14,803 shares of the real estate investment trust’s stock valued at $503,000 after buying an additional 450 shares during the period. Naples Global Advisors LLC raised its position in shares of Omega Healthcare Investors by 3.5% in the second quarter. Naples Global Advisors LLC now owns 11,845 shares of the real estate investment trust’s stock valued at $402,000 after buying an additional 400 shares during the period. Finally, NN Investment Partners Holdings N.V. raised its position in shares of Omega Healthcare Investors by 2.5% in the second quarter. NN Investment Partners Holdings N.V. now owns 52,620 shares of the real estate investment trust’s stock valued at $1,786,000 after buying an additional 1,275 shares during the period. 82.81% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Omega Healthcare Investors Inc. (NYSE:OHI) opened at 29.61 on Wednesday. The company’s 50-day moving average is $30.78 and its 200-day moving average is $33.50. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 18.84 and a beta of 0.59. Omega Healthcare Investors Inc. has a 12-month low of $26.96 and a 12-month high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Monday, October 31st. The real estate investment trust reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.84 by $0.04. The firm earned $224.60 million during the quarter, compared to analysts’ expectations of $186.35 million. Omega Healthcare Investors had a return on equity of 7.37% and a net margin of 34.53%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period last year, the business earned $0.79 earnings per share. On average, equities analysts forecast that Omega Healthcare Investors Inc. will post $3.38 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Monday, October 31st were issued a dividend of $0.61 per share. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.60. This represents a $2.44 annualized dividend and a dividend yield of 8.24%. The ex-dividend date was Thursday, October 27th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 155.42%.

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Several equities analysts recently commented on the stock. JMP Securities lowered shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 18th. They noted that the move was a valuation call. BTIG Research started coverage on shares of Omega Healthcare Investors in a research report on Thursday, August 25th. They set a “neutral” rating for the company. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Tuesday, August 9th. TheStreet raised shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Finally, SunTrust Banks Inc. increased their price objective on shares of Omega Healthcare Investors from $38.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $36.59.

In related news, insider Steven J. Insoft sold 5,500 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $35.91, for a total transaction of $197,505.00. Following the completion of the sale, the insider now directly owns 419,081 shares in the company, valued at $15,049,198.71. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Craig M. Bernfield sold 43,942 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of $37.47, for a total transaction of $1,646,506.74. Following the sale, the director now owns 859,995 shares of the company’s stock, valued at $32,224,012.65. The disclosure for this sale can be found here. Corporate insiders own 4.54% of the company’s stock.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout 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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