RPG Investment Advisory LLC bought a new stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 135,234 shares of the real estate investment trust’s stock, valued at approximately $5,159,000. RPG Investment Advisory LLC owned approximately 0.07% of Omega Healthcare Investors at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Legacy Financial Advisors Inc. increased its position in Omega Healthcare Investors by 7.6% during the 4th quarter. Legacy Financial Advisors Inc. now owns 4,509 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 319 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Omega Healthcare Investors by 0.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 46,889 shares of the real estate investment trust’s stock valued at $1,647,000 after purchasing an additional 334 shares during the period. JOYN Advisors Inc. increased its holdings in shares of Omega Healthcare Investors by 58.4% in the fourth quarter. JOYN Advisors Inc. now owns 1,033 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 381 shares during the period. Sheaff Brock Investment Advisors LLC increased its holdings in shares of Omega Healthcare Investors by 5.5% in the fourth quarter. Sheaff Brock Investment Advisors LLC now owns 7,467 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 391 shares during the period. Finally, Capital Investment Advisory Services LLC increased its holdings in shares of Omega Healthcare Investors by 5.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,628 shares of the real estate investment trust’s stock valued at $303,000 after purchasing an additional 413 shares during the period. 67.89% of the stock is currently owned by institutional investors.

In other news, insider Steven J. Insoft sold 50,000 shares of the company’s stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $40.00, for a total value of $2,000,000.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO C Taylor Pickett sold 22,788 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $38.04, for a total value of $866,855.52. Following the completion of the sale, the chief executive officer now owns 329,133 shares in the company, valued at approximately $12,520,219.32. The disclosure for this sale can be found here. Insiders sold 115,788 shares of company stock worth $4,440,176 in the last 90 days. Company insiders own 1.65% of the company’s stock.

Shares of OHI traded up $0.12 during mid-day trading on Monday, reaching $36.91. The company had a trading volume of 687,297 shares, compared to its average volume of 1,790,361. Omega Healthcare Investors Inc has a 52-week low of $25.14 and a 52-week high of $40.30. The company has a quick ratio of 3.93, a current ratio of 3.93 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 4.88 and a beta of 0.50.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Monday, February 11th. The real estate investment trust reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.43). Omega Healthcare Investors had a return on equity of 7.37% and a net margin of 31.94%. The company had revenue of $219.75 million during the quarter, compared to analysts’ expectations of $223.27 million. As a group, equities analysts anticipate that Omega Healthcare Investors Inc will post 2.98 EPS for the current fiscal year.

A number of research analysts have recently weighed in on OHI shares. Scotiabank started coverage on Omega Healthcare Investors in a report on Thursday, February 7th. They issued a “sector perform” rating and a $39.37 price objective on the stock. ValuEngine raised Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Friday, January 4th. Mitsubishi UFJ Financial Group raised Omega Healthcare Investors from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $34.00 to $40.00 in a report on Friday, January 4th. Stifel Nicolaus lowered Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $39.00 price objective on the stock. in a report on Thursday, February 7th. Finally, Zacks Investment Research lowered Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Tuesday, February 12th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Omega Healthcare Investors presently has an average rating of “Hold” and a consensus price target of $35.80.

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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.

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

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