Omega Healthcare Investors CAO Michael Ritz Sells 2,500 Shares (OHI)
Omega Healthcare Investors (NYSE:OHI) CAO Michael Ritz sold 2,500 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $38.00, for a total transaction of $95,000.00. Following the completion of the transaction, the chief accounting officer now directly owns 2,722 shares in the company, valued at approximately $103,436. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Omega Healthcare Investors (NYSE:OHI) traded down 0.75% on Friday, hitting $37.815. The stock had a trading volume of 718,726 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 $4.766 billion and a price-to-earnings ratio of 24.25.
Omega Healthcare Investors (NYSE:OHI) last announced its earnings results 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 $2.79 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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