Insider Selling: C Taylor Pickett Unloads 30,000 Shares of Omega Healthcare Investors Stock (OHI)
Omega Healthcare Investors (NYSE:OHI) CEO C Taylor Pickett sold 30,000 shares of Omega Healthcare Investors stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $38.06, for a total transaction of $1,141,800.00. Following the completion of the transaction, the chief executive officer now directly owns 242,849 shares of the company’s stock, valued at approximately $9,242,833. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Omega Healthcare Investors (NYSE:OHI) traded down 0.77% on Friday, hitting $37.805. The stock had a trading volume of 722,848 shares. Omega Healthcare Investors has a 52 week low of $27.37 and a 52 week high of $38.33. The stock’s 50-day moving average is $35.95 and its 200-day moving average is $32.89. The company has a market cap of $4.765 billion and a P/E ratio of 24.25.
Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.71 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.63 earnings per share. Omega Healthcare Investors’s revenue was up 18.9% compared to the same quarter last year. 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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