Robeco Institutional Asset Management B.V. Sells 18,978 Shares of Omega Healthcare Investors Inc (OHI)

Robeco Institutional Asset Management B.V. reduced its holdings in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 34.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,621 shares of the real estate investment trust’s stock after selling 18,978 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Omega Healthcare Investors were worth $990,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. grew its holdings in shares of Omega Healthcare Investors by 2.1% in the fourth quarter. BlackRock Inc. now owns 21,258,742 shares of the real estate investment trust’s stock worth $585,466,000 after purchasing an additional 438,005 shares during the last quarter. LSV Asset Management grew its holdings in shares of Omega Healthcare Investors by 21.5% in the first quarter. LSV Asset Management now owns 4,866,733 shares of the real estate investment trust’s stock worth $131,596,000 after purchasing an additional 860,100 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Omega Healthcare Investors by 11.8% in the fourth quarter. Bank of New York Mellon Corp now owns 4,408,364 shares of the real estate investment trust’s stock worth $121,406,000 after purchasing an additional 466,377 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Omega Healthcare Investors by 19.4% in the first quarter. Daiwa Securities Group Inc. now owns 3,496,238 shares of the real estate investment trust’s stock worth $94,538,000 after purchasing an additional 566,973 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Omega Healthcare Investors by 348.1% in the fourth quarter. Deutsche Bank AG now owns 2,178,808 shares of the real estate investment trust’s stock worth $59,998,000 after purchasing an additional 1,692,622 shares during the last quarter. Institutional investors and hedge funds own 71.40% of the company’s stock.

Several research analysts have recently issued reports on the stock. Jefferies Group upgraded shares of Omega Healthcare Investors from an “underperform” rating to a “hold” rating and set a $27.00 target price on the stock in a report on Wednesday, May 16th. Zacks Investment Research upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a report on Wednesday, May 16th. Cantor Fitzgerald restated a “buy” rating and issued a $34.00 target price on shares of Omega Healthcare Investors in a report on Wednesday, March 7th. Stifel Nicolaus restated a “hold” rating and issued a $27.00 target price (down previously from $29.00) on shares of Omega Healthcare Investors in a report on Wednesday, February 14th. Finally, ValuEngine cut shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $31.00.

Shares of OHI stock opened at $29.87 on Friday. Omega Healthcare Investors Inc has a 52 week low of $24.90 and a 52 week high of $34.84. The firm has a market capitalization of $5.91 billion, a P/E ratio of 9.21, a price-to-earnings-growth ratio of 3.35 and a beta of 0.35. The company has a quick ratio of 4.01, a current ratio of 4.01 and a debt-to-equity ratio of 1.20.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Monday, May 7th. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. Omega Healthcare Investors had a return on equity of 2.02% and a net margin of 8.94%. The company had revenue of $193.90 million during the quarter, compared to analyst estimates of $194.60 million. During the same quarter last year, the firm posted $0.86 earnings per share. The firm’s revenue was up .7% on a year-over-year basis. sell-side analysts anticipate that Omega Healthcare Investors Inc will post 2.96 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Monday, April 30th were paid a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date of this dividend was Friday, April 27th. Omega Healthcare Investors’s payout ratio is 80.00%.

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.

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

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