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Omega Healthcare Investors (NYSE:OHI) was downgraded by equities research analysts at Goldman Sachs to a “neutral” rating in a research note issued to investors on Wednesday.

Shares of Omega Healthcare Investors (NYSE:OHI) opened at 37.42 on Wednesday. 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 $36.52 and its 200-day moving average is $33.52. The company has a market cap of $4.716 billion and a P/E ratio of 23.46.

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. 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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