Omega Healthcare Investors Inc (NYSE:OHI)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $26.09 and last traded at $26.60, with a volume of 1227600 shares. The stock had previously closed at $26.61.
A number of equities analysts have recently commented on the company. Cantor Fitzgerald assumed coverage on Omega Healthcare Investors in a report on Wednesday, December 20th. They issued an “overweight” rating and a $34.00 target price for the company. Jefferies Group reiterated a “hold” rating and issued a $30.00 target price on shares of Omega Healthcare Investors in a report on Tuesday, October 3rd. ValuEngine upgraded Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Vetr cut Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 target price for the company. in a report on Thursday, October 19th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $30.00 target price on shares of Omega Healthcare Investors in a report on Wednesday, November 1st. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $32.14.
The company has a market capitalization of $5,150.00, a price-to-earnings ratio of 34.37, a P/E/G ratio of 2.75 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.40 and a quick ratio of 3.40.
In other Omega Healthcare Investors news, Director Craig R. Callen acquired 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The stock was bought at an average price of $27.38 per share, for a total transaction of $273,800.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Bernard J. Korman acquired 100,000 shares of the company’s stock in a transaction that occurred on Friday, December 22nd. The shares were acquired at an average price of $26.89 per share, with a total value of $2,689,000.00. Following the acquisition, the director now owns 896,895 shares in the company, valued at $24,117,506.55. The disclosure for this purchase can be found here. In the last quarter, insiders bought 210,000 shares of company stock valued at $5,786,800. Company insiders own 1.54% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of OHI. Schwab Charles Investment Management Inc. boosted its holdings in Omega Healthcare Investors by 9.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 818,369 shares of the real estate investment trust’s stock valued at $27,023,000 after acquiring an additional 67,455 shares during the period. Schroder Investment Management Group boosted its holdings in Omega Healthcare Investors by 16.3% during the 2nd quarter. Schroder Investment Management Group now owns 70,797 shares of the real estate investment trust’s stock valued at $2,333,000 after acquiring an additional 9,914 shares during the period. Franklin Resources Inc. purchased a new position in Omega Healthcare Investors during the 2nd quarter valued at $264,000. Capital Fund Management S.A. boosted its holdings in Omega Healthcare Investors by 62.4% during the 2nd quarter. Capital Fund Management S.A. now owns 28,103 shares of the real estate investment trust’s stock valued at $928,000 after acquiring an additional 10,803 shares during the period. Finally, BlackRock Inc. boosted its holdings in Omega Healthcare Investors by 3.6% during the 2nd quarter. BlackRock Inc. now owns 20,606,999 shares of the real estate investment trust’s stock valued at $680,443,000 after acquiring an additional 717,086 shares during the period. Institutional investors own 67.95% of the company’s stock.
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Omega Healthcare Investors Company Profile
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.
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