Wells Fargo & Company MN grew its holdings in shares of Omega Healthcare Investors Inc. (NYSE: OHI) by 11.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 482,123 shares of the real estate investment trust after 50.275 shares during the period. Wells Fargo & Company MN Owned by 0.24% of Omega Healthcare Investors worth $ 15,385,000
Other institutional investors have also been added to their stakes in the company. Ffcm LLC grew its position in the shares of Omega Healthcare Investors by 197.6% during the second quarter. Ffcm LLC now owns 3,402 shares of the real estate investment worth $ 115,000 after acquiring an additional 2,259 shares during the last quarter. Bronfman E.L. Rothschild L.P. grew its position in Omega Healthcare Investors by 167.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,432 shares of the real estate investment trust is valued at $ 113,000 after buying an additional 2,150 shares in the last quarter. Timber Hill LLC bought a new position in Omega Healthcare Investors in the 3rd quarter at $ 206,000. Good Life Advisors LLC was acquired in the third quarter at $ 209,000. Finally, Cetera Investment Advisers bought a new position in Omega Healthcare Investors in the 2nd quarter valued at about $ 235,000. Institutional investors and hedge funds 67.95% of the company’s stock.
Director Bernard J. Korman is in the process of buying 100,000 shares of the stock in a transaction on Tuesday, October 31st. The shares were purchased at an average price of $ 28.24 per share, for a total transaction of $ 2,824,000.00. Following the completion of the acquisition, the director now directly owns 903,895 shares in the company, valued at approximately $ 25,525,994.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, Craig R. Callen Director purchased 10,000 shares of the stock in a transaction on Thursday, November 2nd. The shares were purchased at an average price of $ 27.38 per share, for a total transaction of $ 273,800.00. The disclosure for this purchase can be found here . Insiders purchased 210,000 shares of stock worth $ 5,786,800 in the last 90 days. 1.54% of the stock is currently owned by corporate insiders. Omega Healthcare Investors Inc ( IHO traded down $ 0.48 during midday trading on Friday, hitting $ 26.12. 3,285,400 shares of the stock were exchanged, compared to its average volume of 2,290,000. The company has a quick ratio of 3.40, a current ratio of 3.40 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $ 5,150.00, a price-to-earnings ratio of 34.37, a price-to-earnings-growth ratio of 2.75 and a beta of 0.49. Omega Healthcare Investors Inc has a 1-year low of $ 26.06 and a 1-year high of $ 35.14. A number of brokerages recently issued reports on OHI. Cantor Fitzgerald Begins coverage on shares of Omega Healthcare Investors in a research report on Wednesday, December 20th. They issued an “overweight” rating and a $ 34.00 target price for the company. Jefferies Group reissued a “hold” rating and issued a $ 30.00 price target on shares of Omega Healthcare Investors in a report on Tuesday, October 3rd. ValuEngine Raised Shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and a $ 33.33 price target for the company. in a report on Thursday, October 19th. Finally, SunTrust Banks reaffirmed a “hold” rating and set at $ 30.00. Three research analysts have rated the value of a given rating, and have given a rating and have given a rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $ 32.14.
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About Omega Healthcare Investors
Omega Healthcare Investors, Inc. is a self-managed 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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