Omega Healthcare Investors, Inc. (NYSE:OHI) Director Bernard J. Korman bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was purchased at an average cost of $28.24 per share, with a total value of $2,824,000.00. Following the purchase, the director now directly owns 903,895 shares in the company, valued at approximately $25,525,994.80. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st will be issued a $0.65 dividend. The ex-dividend date is Monday, October 30th. This represents a $2.60 dividend on an annualized basis and a yield of 9.01%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. Omega Healthcare Investors’s dividend payout ratio (DPR) is 317.08%.

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Several research analysts recently weighed in on the stock. SunTrust Banks, Inc. reissued a “hold” rating and issued a $30.00 target price on shares of Omega Healthcare Investors in a research note on Wednesday. Hilliard Lyons downgraded shares of Omega Healthcare Investors to a “buy” rating in a research note on Wednesday. TheStreet downgraded shares of Omega Healthcare Investors from a “b-” rating to a “c” rating in a research note on Monday. Stifel Nicolaus downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and dropped their price objective for the company from $35.00 to $29.00 in a research note on Tuesday. Finally, Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 price objective for the company. in a research note on Monday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $31.83.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Omega Healthcare Investors by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,497,878 shares of the real estate investment trust’s stock valued at $1,073,080,000 after buying an additional 735,367 shares during the last quarter. BlackRock Inc. grew its holdings in Omega Healthcare Investors by 3.6% in the 2nd quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock valued at $680,443,000 after buying an additional 717,086 shares during the last quarter. State Street Corp grew its holdings in Omega Healthcare Investors by 4.3% in the 2nd quarter. State Street Corp now owns 6,278,985 shares of the real estate investment trust’s stock valued at $207,335,000 after buying an additional 258,035 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Omega Healthcare Investors by 137.5% in the 2nd quarter. Principal Financial Group Inc. now owns 5,503,823 shares of the real estate investment trust’s stock valued at $181,736,000 after buying an additional 3,186,783 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in Omega Healthcare Investors by 8.4% in the 2nd quarter. Northern Trust Corp now owns 2,742,818 shares of the real estate investment trust’s stock valued at $90,567,000 after buying an additional 212,609 shares during the last quarter. 72.87% of the stock is currently owned by hedge funds and other institutional investors.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Insider Buying and Selling by Quarter for Omega Healthcare Investors (NYSE:OHI)

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