Omega Healthcare Investors CFO Unloads $92,500 in Stock (OHI)
Omega Healthcare Investors (NYSE:OHI) CFO Robert O. Stephenson sold 2,500 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $37.00, for a total value of $92,500.00. Following the completion of the transaction, the chief financial officer now directly owns 157,471 shares in the company, valued at approximately $5,826,427. The transaction was disclosed in a filing with the SEC, which is available at this link.
Omega Healthcare Investors (NYSE:OHI) traded up 0.46% during mid-day trading on Monday, hitting $37.06. The stock had a trading volume of 726,926 shares. Omega Healthcare Investors has a 52-week low of $27.37 and a 52-week high of $37.01. The stock has a 50-day moving average of $35.53 and a 200-day moving average of $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 issued its quarterly earnings data 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. Analysts expect that Omega Healthcare Investors will post $2.79 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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