AMP Capital Investors Ltd lowered its position in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,251 shares of the real estate investment trust’s stock after selling 4,184 shares during the period. AMP Capital Investors Ltd owned 0.09% of Omega Healthcare Investors worth $5,650,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of OHI. Millennium Management LLC acquired a new position in Omega Healthcare Investors in the fourth quarter valued at $344,000. FDx Advisors Inc. acquired a new position in Omega Healthcare Investors in the first quarter valued at $233,000. Oppenheimer & Co. Inc. acquired a new position in Omega Healthcare Investors in the first quarter valued at $206,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Omega Healthcare Investors by 18.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,941 shares of the real estate investment trust’s stock valued at $512,000 after acquiring an additional 2,888 shares in the last quarter. Finally, Swiss National Bank boosted its stake in Omega Healthcare Investors by 2.3% in the first quarter. Swiss National Bank now owns 343,558 shares of the real estate investment trust’s stock valued at $9,290,000 after acquiring an additional 7,600 shares in the last quarter. Hedge funds and other institutional investors own 72.26% of the company’s stock.
Shares of NYSE:OHI opened at $33.07 on Friday. Omega Healthcare Investors Inc has a one year low of $24.90 and a one year high of $33.51. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.03 and a quick ratio of 4.03. The stock has a market capitalization of $6.60 billion, a PE ratio of 10.02, a price-to-earnings-growth ratio of 5.54 and a beta of 0.30.
Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Friday, August 3rd. The real estate investment trust reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.02. Omega Healthcare Investors had a net margin of 10.61% and a return on equity of 2.49%. The business had revenue of $192.85 million during the quarter, compared to analysts’ expectations of $200.30 million. During the same period in the prior year, the company earned $0.87 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. sell-side analysts predict that Omega Healthcare Investors Inc will post 2.97 EPS for the current year.
Several research firms have issued reports on OHI. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Wednesday, July 18th. ValuEngine raised shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Monday, August 13th. Stifel Nicolaus upped their target price on shares of Omega Healthcare Investors from $27.00 to $30.00 and gave the company a “hold” rating in a report on Tuesday, August 7th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $34.00 target price on shares of Omega Healthcare Investors in a report on Monday, August 6th. Finally, Wells Fargo & Co cut shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating in a report on Monday, June 25th. They noted that the move was a valuation call. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $31.37.
Omega Healthcare Investors Company Profile
Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.
Featured Article: How to Track your Portfolio in Google Finance
Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors Inc (NYSE:OHI).
Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.