Omega Healthcare Investors Inc (OHI): Thomas F Franke , director of Omega Healthcare Investors Inc purchased 6,000 shares on May 23, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $31.01 per share for a total value of $186,059.80 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 16, 2016, Thomas F Franke (director) purchased 16,000 shares at $28.66 per share price.On Nov 17, 2015, C Taylor Pickett (CEO) purchased 4,200 shares at $32.56 per share price.Also, On Sep 9, 2015, Bernard J Korman (director) purchased 1,000 shares at $32.64 per share price.On Jun 12, 2015, Daniel J Booth (Chief Operating Officer) sold 10,000 shares at $36.04 per share price.
Omega Healthcare Investors Inc: On Friday, May 20, 2016 heightened volatility was witnessed in Omega Healthcare Investors Inc which led to swings in the share price. The shares opened for trading at $31.01 and hit $31.16 on the upside , eventually ending the session at $31.1, with a gain of 0.75% or 0.23 points. The heightened volatility saw the trading volume jump to 13,22,285 shares. The 52-week high of the share price is $37.24 and the company has a market cap of $5,852 M . The 52-week low of the share price is at $26.9638.
Company has been under the radar of several Street Analysts.Omega Healthcare Investors Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 38 from a previous price target of $35 .The Rating was issued on May 5, 2016.Omega Healthcare Investors Inc is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $32 .The Rating was issued on Mar 15, 2016.
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.