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Omega Healthcare Investors (NYSE:OHI) CEO C Taylor Pickett sold 30,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $37.00, for a total transaction of $1,110,000.00. Following the sale, the chief executive officer now directly owns 272,849 shares in the company, valued at approximately $10,095,413. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Omega Healthcare Investors (NYSE:OHI) traded up 0.46% during mid-day trading on Monday, hitting $37.06. 726,926 shares of the company’s stock traded hands. Omega Healthcare Investors has a 52 week low of $27.37 and a 52 week high of $37.01. The stock’s 50-day moving average is $35.53 and its 200-day moving average is $32.72. The company has a market cap of $4.671 billion and a P/E ratio of 23.48.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Tuesday, April 29th. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was up 18.9% on a year-over-year basis. On average, analysts predict that Omega Healthcare Investors will post $2.79 earnings per share 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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