Omega Healthcare Investors, Inc. (OHI) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 46.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 42,033 shares of the real estate investment trust’s stock after buying an additional 13,275 shares during the period. Pacer Advisors Inc.’s holdings in Omega Healthcare Investors were worth $1,341,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in Omega Healthcare Investors by 137.5% during 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 purchasing an additional 3,186,783 shares during the period. FMR LLC raised its position in shares of Omega Healthcare Investors by 71.9% during the 2nd quarter. FMR LLC now owns 2,349,289 shares of the real estate investment trust’s stock worth $77,573,000 after buying an additional 982,771 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of 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 worth $1,073,080,000 after purchasing an additional 735,367 shares in the last quarter. BlackRock Inc. raised its holdings in shares of 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 worth $680,443,000 after purchasing an additional 717,086 shares in the last quarter. Finally, LSV Asset Management raised its holdings in shares of Omega Healthcare Investors by 28.5% in the 2nd quarter. LSV Asset Management now owns 1,724,155 shares of the real estate investment trust’s stock worth $56,931,000 after purchasing an additional 382,200 shares in the last quarter. 68.14% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors, Inc. (OHI) traded up $0.15 during mid-day trading on Thursday, reaching $27.07. 2,215,307 shares of the company’s stock traded hands, compared to its average volume of 2,175,703. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.40 and a quick ratio of 3.40. The company has a market capitalization of $5,304.40, a P/E ratio of 7.88, a price-to-earnings-growth ratio of 2.78 and a beta of 0.49. Omega Healthcare Investors, Inc. has a 12 month low of $26.43 and a 12 month high of $35.14.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 9.60%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend was Monday, October 30th. Omega Healthcare Investors’s payout ratio is presently 317.08%.

In other news, Director Craig R. Callen acquired 10,000 shares of Omega Healthcare Investors stock in a transaction dated Thursday, November 2nd. The stock was acquired at an average cost of $27.38 per share, for a total transaction of $273,800.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bernard J. Korman bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were bought at an average price of $28.24 per share, with a total value of $2,824,000.00. Following the completion of the purchase, the director now owns 903,895 shares in the company, valued at $25,525,994.80. The disclosure for this purchase can be found here. 1.54% of the stock is currently owned by insiders.

A number of analysts recently commented on OHI shares. ValuEngine downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Jefferies Group reaffirmed a “hold” rating and set a $30.00 price objective on shares of Omega Healthcare Investors in a research report on Tuesday, October 3rd. Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 price objective on the stock. in a research report on Thursday, October 19th. Finally, Capital One Financial began coverage on shares of Omega Healthcare Investors in a research report on Monday, October 23rd. They set an “equal weight” rating and a $34.00 price objective on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $31.83.

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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.

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

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