MQS Management LLC Buys Shares of 8,632 Omega Healthcare Investors, Inc. (NYSE:OHI)

MQS Management LLC purchased a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 8,632 shares of the real estate investment trust’s stock, valued at approximately $351,000.

Several other large investors have also recently made changes to their positions in the company. Allworth Financial LP boosted its stake in Omega Healthcare Investors by 12.0% during the 3rd quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock worth $93,000 after purchasing an additional 244 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in shares of Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 286 shares in the last quarter. Cutter & CO Brokerage Inc. boosted its position in Omega Healthcare Investors by 3.7% during the second quarter. Cutter & CO Brokerage Inc. now owns 8,206 shares of the real estate investment trust’s stock worth $281,000 after acquiring an additional 290 shares during the last quarter. NCP Inc. grew its stake in Omega Healthcare Investors by 10.3% during the 2nd quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 310 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its holdings in Omega Healthcare Investors by 49.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 323 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Robert O. Stephenson sold 22,542 shares of the business’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $40.19, for a total transaction of $905,962.98. Following the completion of the transaction, the chief financial officer now directly owns 183,076 shares of the company’s stock, valued at $7,357,824.44. The trade was a 10.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Daniel J. Booth sold 56,725 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $40.25, for a total value of $2,283,181.25. Following the sale, the chief operating officer now owns 100,000 shares in the company, valued at approximately $4,025,000. This trade represents a 36.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Omega Healthcare Investors Stock Down 0.8 %

Shares of OHI opened at $39.74 on Friday. The company’s 50-day simple moving average is $40.66 and its 200-day simple moving average is $36.57. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. Omega Healthcare Investors, Inc. has a 1 year low of $27.53 and a 1 year high of $44.42. The stock has a market capitalization of $10.73 billion, a PE ratio of 29.22, a P/E/G ratio of 1.28 and a beta of 0.99.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be given a $0.67 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $2.68 annualized dividend and a yield of 6.74%. Omega Healthcare Investors’s dividend payout ratio is presently 197.06%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. BMO Capital Markets boosted their target price on Omega Healthcare Investors from $44.00 to $45.00 and gave the stock a “market perform” rating in a report on Monday, October 7th. Mizuho cut Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and upped their target price for the company from $34.00 to $35.00 in a report on Thursday, July 25th. Royal Bank of Canada lifted their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday. Scotiabank upped their price objective on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “sector perform” rating in a report on Monday, August 26th. Finally, Berenberg Bank started coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Hold” and a consensus target price of $40.00.

Omega Healthcare Investors Company Profile

Omega is a REIT 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 U.S., as well as in the U.K.