ClariVest Asset Management LLC Increases Stock Position in Omega Healthcare Investors Inc (NYSE:OHI)

ClariVest Asset Management LLC grew its holdings in Omega Healthcare Investors Inc (NYSE:OHI) by 55.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 399,347 shares of the real estate investment trust’s stock after purchasing an additional 141,837 shares during the period. ClariVest Asset Management LLC owned about 0.19% of Omega Healthcare Investors worth $15,235,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of OHI. Oregon Public Employees Retirement Fund increased its holdings in shares of Omega Healthcare Investors by 3,415.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,757,904 shares of the real estate investment trust’s stock worth $78,000 after purchasing an additional 2,679,443 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Omega Healthcare Investors by 61,976.7% in the fourth quarter. Two Sigma Investments LP now owns 1,339,615 shares of the real estate investment trust’s stock worth $47,087,000 after acquiring an additional 1,337,457 shares during the period. Norges Bank bought a new stake in shares of Omega Healthcare Investors in the fourth quarter worth $46,751,000. BlackRock Inc. grew its holdings in shares of Omega Healthcare Investors by 5.4% in the fourth quarter. BlackRock Inc. now owns 23,677,458 shares of the real estate investment trust’s stock worth $832,264,000 after acquiring an additional 1,205,432 shares during the period. Finally, APG Asset Management N.V. bought a new stake in shares of Omega Healthcare Investors in the fourth quarter worth $24,867,000. 69.29% of the stock is owned by institutional investors and hedge funds.

In other news, CFO Robert O. Stephenson sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $37.00, for a total transaction of $370,000.00. Following the transaction, the chief financial officer now owns 233,326 shares of the company’s stock, valued at $8,633,062. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO C Taylor Pickett sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $38.00, for a total value of $1,140,000.00. Following the transaction, the chief executive officer now directly owns 269,133 shares in the company, valued at approximately $10,227,054. The disclosure for this sale can be found here. Insiders have sold 80,000 shares of company stock worth $3,030,000 over the last three months. 1.16% of the stock is currently owned by insiders.

OHI has been the topic of several analyst reports. Zacks Investment Research downgraded Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th. ValuEngine downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Omega Healthcare Investors currently has an average rating of “Hold” and a consensus price target of $37.05.

Shares of Omega Healthcare Investors stock traded down $0.08 during trading hours on Monday, hitting $36.67. The company’s stock had a trading volume of 855,091 shares, compared to its average volume of 1,708,220. The stock has a 50 day moving average price of $36.65. Omega Healthcare Investors Inc has a 12-month low of $28.65 and a 12-month high of $40.30. The firm has a market cap of $7.58 billion, a P/E ratio of 12.06, a PEG ratio of 4.83 and a beta of 0.42. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 1.16.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Tuesday, May 7th. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.37). The firm had revenue of $188.20 million during the quarter, compared to analysts’ expectations of $190.54 million. Omega Healthcare Investors had a return on equity of 7.02% and a net margin of 30.17%. Omega Healthcare Investors’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.78 earnings per share. As a group, analysts predict that Omega Healthcare Investors Inc will post 2.99 EPS for the current year.

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.

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

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