Legg Mason Asset Management Japan Co. Ltd. bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 14,500 shares of the real estate investment trust’s stock, valued at approximately $479,000.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Omega Healthcare Investors by 2.3% in the second quarter. Vanguard Group Inc. now owns 32,497,878 shares of the real estate investment trust’s stock valued at $1,073,080,000 after acquiring an additional 735,367 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Omega Healthcare Investors by 3.6% in the second quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock valued at $680,443,000 after acquiring an additional 717,086 shares in the last quarter. State Street Corp grew its holdings in shares of Omega Healthcare Investors by 2.5% in the first quarter. State Street Corp now owns 6,020,950 shares of the real estate investment trust’s stock valued at $198,623,000 after acquiring an additional 147,637 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Omega Healthcare Investors by 137.5% in the second 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 acquiring an additional 3,186,783 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of Omega Healthcare Investors by 1.6% in the first quarter. Morgan Stanley now owns 3,687,995 shares of the real estate investment trust’s stock valued at $121,667,000 after acquiring an additional 59,077 shares in the last quarter. 72.84% of the stock is owned by institutional investors.

OHI has been the topic of several research analyst reports. BidaskClub upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research downgraded Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Thursday, June 8th. Finally, ValuEngine downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Omega Healthcare Investors currently has an average rating of “Hold” and a consensus price target of $34.38.

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Omega Healthcare Investors, Inc. (NYSE OHI) traded up 1.25% during trading on Thursday, reaching $31.64. The company had a trading volume of 394,751 shares. The firm has a market capitalization of $6.24 billion, a PE ratio of 16.70 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 $31.57 and its 200 day moving average price is $32.50.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $194.00 million during the quarter, compared to the consensus estimate of $194.59 million. During the same period last year, the firm posted $0.87 EPS. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts forecast that Omega Healthcare Investors, Inc. will post $1.77 EPS for the current year.

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.

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

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