California Public Employees Retirement System lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 369,681 shares of the real estate investment trust’s stock after purchasing an additional 18,000 shares during the period. California Public Employees Retirement System owned about 0.19% of Omega Healthcare Investors worth $12,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Rench Wealth Management Inc. increased its stake in shares of Omega Healthcare Investors by 1.3% in the 2nd quarter. Rench Wealth Management Inc. now owns 131,316 shares of the real estate investment trust’s stock valued at $4,336,000 after purchasing an additional 1,745 shares in the last quarter. MML Investors Services LLC increased its stake in shares of Omega Healthcare Investors by 8.0% in the 2nd quarter. MML Investors Services LLC now owns 63,298 shares of the real estate investment trust’s stock valued at $2,090,000 after purchasing an additional 4,705 shares in the last quarter. FMR LLC increased its stake in shares of Omega Healthcare Investors by 71.9% in the 2nd quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock valued at $77,573,000 after purchasing an additional 982,771 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Omega Healthcare Investors by 2.3% in the 2nd 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 purchasing an additional 735,367 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of Omega Healthcare Investors by 8.4% in the 2nd quarter. Northern Trust Corp now owns 2,742,818 shares of the real estate investment trust’s stock valued at $90,567,000 after purchasing an additional 212,609 shares in the last quarter. Hedge funds and other institutional investors own 72.84% of the company’s stock.

Several equities analysts recently weighed in on the company. Jefferies Group LLC restated a “hold” rating and issued a $30.00 price target on shares of Omega Healthcare Investors in a research note on Tuesday. ValuEngine upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Monday. BidaskClub lowered Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Finally, Zacks Investment Research upgraded Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Omega Healthcare Investors currently has a consensus rating of “Hold” and a consensus price target of $32.63.

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Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) opened at 31.59 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $28.11 and a 12-month high of $35.14. The firm has a market capitalization of $6.23 billion, a PE ratio of 16.67 and a beta of 0.53. The company has a 50-day moving average price of $31.91 and a 200 day moving average price of $32.52.

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

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

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