Scout Investments Inc. raised its holdings in Omega Healthcare Investors Inc (NYSE:OHI) by 35.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,659,169 shares of the real estate investment trust’s stock after purchasing an additional 436,738 shares during the period. Omega Healthcare Investors accounts for about 1.5% of Scout Investments Inc.’s holdings, making the stock its 10th biggest position. Scout Investments Inc.’s holdings in Omega Healthcare Investors were worth $58,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of OHI. Oregon Public Employees Retirement Fund increased its stake in shares of Omega Healthcare Investors by 4.9% in the second quarter. Oregon Public Employees Retirement Fund now owns 77,481 shares of the real estate investment trust’s stock worth $2,402,000 after purchasing an additional 3,635 shares in the last quarter. Van ECK Associates Corp purchased a new position in shares of Omega Healthcare Investors in the second quarter worth about $1,284,000. OppenheimerFunds Inc. increased its stake in shares of Omega Healthcare Investors by 3.4% in the second quarter. OppenheimerFunds Inc. now owns 62,745 shares of the real estate investment trust’s stock worth $1,945,000 after purchasing an additional 2,084 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in shares of Omega Healthcare Investors in the second quarter worth about $244,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of Omega Healthcare Investors in the second quarter worth about $290,000. Hedge funds and other institutional investors own 73.39% of the company’s stock.

In related news, insider Michael Ritz sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of $35.50, for a total transaction of $71,000.00. Following the completion of the transaction, the insider now owns 8,076 shares of the company’s stock, valued at $286,698. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Steven J. Insoft sold 25,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 11th. The shares were sold at an average price of $37.25, for a total transaction of $931,250.00. Following the transaction, the insider now directly owns 315,720 shares of the company’s stock, valued at approximately $11,760,570. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,000 shares of company stock valued at $1,321,750. 1.65% of the stock is owned by corporate insiders.

OHI has been the subject of several recent research reports. Stifel Nicolaus lifted their target price on shares of Omega Healthcare Investors to $34.00 in a research note on Sunday, December 2nd. TheStreet upgraded shares of Omega Healthcare Investors from a “c” rating to a “b-” rating in a research note on Thursday, November 8th. ValuEngine upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a research note on Tuesday, November 20th. Bank of America reiterated a “hold” rating on shares of Omega Healthcare Investors in a research note on Monday, November 19th. Finally, Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Wednesday, October 31st. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Omega Healthcare Investors has an average rating of “Hold” and an average target price of $33.33.

NYSE:OHI traded up $0.10 during mid-day trading on Friday, hitting $36.94. 1,447,085 shares of the stock traded hands, compared to its average volume of 2,064,873. The stock has a market cap of $7.32 billion, a P/E ratio of 11.19, a P/E/G ratio of 5.91 and a beta of 0.31. Omega Healthcare Investors Inc has a 12-month low of $24.90 and a 12-month high of $38.34. The company has a current ratio of 4.17, a quick ratio of 4.17 and a debt-to-equity ratio of 1.21.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Monday, November 5th. The real estate investment trust reported $0.28 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.46). The firm had revenue of $192.30 million for the quarter, compared to analysts’ expectations of $194.40 million. Omega Healthcare Investors had a net margin of 31.91% and a return on equity of 7.32%. Omega Healthcare Investors’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 EPS. On average, equities analysts forecast that Omega Healthcare Investors Inc will post 2.99 earnings per share for the current fiscal year.

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About Omega Healthcare Investors

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.

Read More: Intrinsic Value and Stock Selection

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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