Ownership Action Alert: Do Institutional Investors Love Omega Healthcare Investors Inc (NYSE:OHI)?

November 29, 2016 - By Ruchi Gupta   ·   0 Comments

Ownership Action Alert: Do Institutional Investors Love Omega Healthcare Investors Inc (NYSE:OHI)?

Sentiment for Omega Healthcare Investors Inc (NYSE:OHI)

Omega Healthcare Investors Inc (NYSE:OHI) institutional sentiment decreased to 1.56 in Q2 2016. Its down -0.12, from 1.68 in 2016Q1. The ratio has dropped, as 210 investment managers opened new or increased holdings, while 125 sold and decreased their equity positions in Omega Healthcare Investors Inc. The investment managers in our partner’s database now own: 158.37 million shares, up from 156.95 million shares in 2016Q1. Also, the number of investment managers holding Omega Healthcare Investors Inc in their top 10 holdings increased from 4 to 6 for an increase of 2. Sold All: 32 Reduced: 93 Increased: 176 New Position: 34.

Omega Healthcare Investors, Inc. is a self-administered real estate investment trust (REIT). The company has a market cap of $5.83 billion. The Firm invests in income producing healthcare facilities, long-term care facilities located throughout the United States and the United Kingdom. It has a 19.6 P/E ratio. It operates through the segment, which consists of investments in healthcare-related real estate properties.

About 641,100 shares traded hands. Omega Healthcare Investors Inc (NYSE:OHI) has declined 17.07% since April 26, 2016 and is downtrending. It has underperformed by 22.33% the S&P500.

Analysts await Omega Healthcare Investors Inc (NYSE:OHI) to report earnings on February, 8. They expect $0.83 earnings per share, up 2.47% or $0.02 from last year’s $0.81 per share. OHI’s profit will be $162.93M for 8.95 P/E if the $0.83 EPS becomes a reality. After $0.83 actual earnings per share reported by Omega Healthcare Investors Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

According to Zacks Investment Research, “OMEGA HEALTHCARE INVESTORS is a self-administered real estate investment trust which invests in income- producing health care facilities, principally long-term care facilities, with the objective of profitable growth and further diversification of the investment portfolio. Investments are located primarily in the United States.”

Greenwich Investment Management Inc. holds 4.12% of its portfolio in Omega Healthcare Investors Inc for 113,749 shares. Barry Investment Advisors Llc owns 308,006 shares or 4.07% of their US portfolio. Moreover, Edmp Inc. has 4.06% invested in the company for 122,907 shares. The Texas-based Rench Wealth Management Inc. has invested 3.02% in the stock. Wms Partners Llc, a Maryland-based fund reported 528,844 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 2 insider buys, and 3 sales for $980,735 net activity.

Omega Healthcare Investors Inc (NYSE:OHI) Ratings Coverage

Ratings analysis reveals 57% of Omega Healthcare Investors’s analysts are positive. Out of 7 Wall Street analysts rating Omega Healthcare Investors, 4 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $24 while the high is $46. The stock’s average target of $35 is 17.88% above today’s ($29.69) share price. OHI was included in 10 notes of analysts from July 21, 2015. The firm earned “Mkt Perform” rating on Thursday, August 18 by JMP Securities. The rating was upgraded by Jefferies on Thursday, February 25 to “Buy”. On Tuesday, January 12 the stock rating was downgraded by Jefferies to “Hold”. As per Thursday, February 11, the company rating was upgraded by JMP Securities. On Thursday, August 4 the stock rating was maintained by SunTrust with “Buy”. The company was upgraded on Wednesday, November 4 by Hilliard Lyons. The stock has “Neutral” rating given by BTIG Research on Thursday, August 25. Stifel Nicolaus maintained it with “Buy” rating and $39 target price in Tuesday, November 3 report.

OHI Company Profile

Omega Healthcare Investors, Inc. (Omega), incorporated on March 31, 1992, is a self-administered real estate investment trust (REIT). The Firm invests in income producing healthcare facilities and long-term care facilities located throughout the United States and the United Kingdom. The Firm operates through the segment, which consists of investments in healthcare-related real estate properties. The Firm provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs) and assisted living facilities (ALFs), independent living facilities, rehabilitation and acute care facilities. The Firm finances investments through borrowings under its revolving credit facilities, private placements or public offerings of its debt and equity securities, the assumption of secured indebtedness, retention of cash flow or a combination of these methods.

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By Ruchi Gupta


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