B&I Capital AG Has $7.86 Million Position in Omega Healthcare Investors, Inc. $OHI

B&I Capital AG lessened its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 186,240 shares of the real estate investment trust’s stock after selling 24,180 shares during the quarter. Omega Healthcare Investors accounts for about 2.7% of B&I Capital AG’s holdings, making the stock its 13th biggest position. B&I Capital AG’s holdings in Omega Healthcare Investors were worth $7,863,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at $121,800,000. Hudson Bay Capital Management LP acquired a new stake in Omega Healthcare Investors during the second quarter valued at $71,312,000. Lasalle Investment Management Securities LLC boosted its position in Omega Healthcare Investors by 165.5% during the second quarter. Lasalle Investment Management Securities LLC now owns 2,312,891 shares of the real estate investment trust’s stock valued at $84,767,000 after purchasing an additional 1,441,692 shares during the last quarter. Vanguard Group Inc. grew its stake in Omega Healthcare Investors by 3.1% in the second quarter. Vanguard Group Inc. now owns 40,765,481 shares of the real estate investment trust’s stock valued at $1,494,055,000 after purchasing an additional 1,210,595 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in Omega Healthcare Investors by 87.0% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,758,110 shares of the real estate investment trust’s stock worth $64,435,000 after purchasing an additional 817,897 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on OHI shares. Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $48.00 to $45.00 in a report on Thursday. Jefferies Financial Group reaffirmed a “hold” rating and set a $45.00 price objective on shares of Omega Healthcare Investors in a research report on Monday, December 15th. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday. Royal Bank Of Canada boosted their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Finally, Citigroup restated a “buy” rating and set a $50.00 price target (up previously from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.82.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $43.83 on Friday. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $46.36. The company has a fifty day simple moving average of $44.58 and a 200 day simple moving average of $42.44. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.95. The company has a market cap of $12.95 billion, a P/E ratio of 24.49, a P/E/G ratio of 1.40 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The firm had revenue of $311.59 million for the quarter, compared to analyst estimates of $262.48 million. Omega Healthcare Investors had a return on equity of 10.72% and a net margin of 46.83%.The company’s revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.71 EPS. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 9th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a yield of 6.1%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 149.72%.

Insider Activity

In other Omega Healthcare Investors news, CIO Vikas Gupta acquired 11,500 shares of Omega Healthcare Investors stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $42.97 per share, with a total value of $494,155.00. Following the acquisition, the executive owned 13,773 shares of the company’s stock, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO C Taylor Pickett purchased 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The stock was acquired at an average cost of $43.14 per share, with a total value of $862,800.00. Following the transaction, the chief executive officer directly owned 20,000 shares of the company’s stock, valued at approximately $862,800. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.50% of the company’s stock.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.