Insider Selling: Omega Healthcare Investors SVP Sells 10,000 Shares of Stock (OHI)
Omega Healthcare Investors (NYSE:OHI) SVP R Lee Crabill unloaded 10,000 shares of Omega Healthcare Investors stock on the open market in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $36.30, for a total value of $363,000.00. Following the completion of the transaction, the senior vice president now directly owns 69,056 shares in the company, valued at approximately $2,506,733. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Omega Healthcare Investors (NYSE:OHI) traded down 0.46% during mid-day trading on Monday, hitting $36.42. The stock had a trading volume of 275,534 shares. Omega Healthcare Investors has a one year low of $27.37 and a one year high of $38.41. The stock’s 50-day moving average is $34.81 and its 200-day moving average is $32.48. The company has a market cap of $4.590 billion and a price-to-earnings ratio of 23.29.
Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.02. The company had revenue of $121.00 million for the quarter, compared to the consensus estimate of $99.76 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. Analysts expect that Omega Healthcare Investors will post $2.77 EPS for the current fiscal year.
Omega Healthcare Investors, Inc (NYSE:OHI) is a self-administered real estate investment trust (REIT), investing in income-producing healthcare facilities, such as long-term care facilities located throughout the United States.
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