Omega Healthcare Investors Inc (OHI) : Weaver C. Barksdale Associates reduced its stake in Omega Healthcare Investors Inc by 0.52% during the most recent quarter end. The investment management company now holds a total of 24,991 shares of Omega Healthcare Investors Inc which is valued at $869,687 after selling 131 shares in Omega Healthcare Investors Inc according to a report filed by the company on Apr 5, 2016 with the SEC.Omega Healthcare Investors Inc makes up approximately 0.66% of Weaver C. Barksdale Associates’s portfolio.
Other Hedge Funds, Including , Beacon Financial Group boosted its stake in OHI in the latest quarter, The investment management firm added 13 additional shares and now holds a total of 10,581 shares of Omega Healthcare Investors Inc which is valued at $372,663. Omega Healthcare Investors Inc makes up approx 0.08% of Beacon Financial Group’s portfolio.
On the company’s financial health, Omega Healthcare Investors Inc reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $0.79. The company had revenue of $210.50 million for the quarter, compared to analysts expectations of $168.76 million. The company’s revenue was up 60.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.
Many Wall Street Analysts have commented on Omega Healthcare Investors Inc. Company shares were Reiterated by Stifel on Mar 15, 2016 to “Buy”, Firm has raised the Price Target to $ 35 from a previous price target of $32 .Omega Healthcare Investors Inc was Upgraded by Jefferies to ” Buy” on Feb 25, 2016. Omega Healthcare Investors Inc was Upgraded by JMP Securities to ” Mkt Outperform” on Feb 11, 2016.
Omega Healthcare Investors Inc opened for trading at $34.72 and hit $35.1 on the upside on Monday, eventually ending the session at $34.8, with a gain of 0.84% or 0.29 points. The heightened volatility saw the trading volume jump to 8,59,990 shares. Company has a market cap of $6,547 M.
Omega Healthcare Investors Inc. (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities long-term care facilities located throughout the United States. The Company 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. It finances investments through borrowings under its revolving credit facilities private placements or public offerings of its debt and equity securities secured indebtedness retention of cash flow or a combination of these methods. Its portfolio of real estate investments include over 900 properties located in 41 states and operated by 81 different operators. Its portfolio includes healthcare facilities and mortgages on healthcare facilities. It also offers fixed-rate mortgage loans.