Large Inflow of Money Witnessed in Omega Healthcare Investors

Omega Healthcare Investors (NYSE:OHI) : Wednesdays money flow data in Omega Healthcare Investors (NYSE:OHI) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $13.95 million, whereas, $11.66 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.2, in favor of the bulls. The total money flow into the stock was $2.29 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $3.01 million. The total value of block trades done on upticks was $3.56 million. The value of bearish trades on downticks was only $0.55 million.The up/down ratio in the block trades was a healthy 6.43 in favor of the bulls, suggesting strong buying in the stock by large traders. Omega Healthcare Investors (NYSE:OHI) fell $0.21 and traded at $33.56, down -0.62% for the day, over previous days close. On a weekly basis, the shares are 2.91% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Omega Healthcare Investors Inc, Franke Thomas F had purchased shares worth of $186,060 in a transaction dated on May 23, 2016. A total of 6,000 shares were purchased at a price of $31.01 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 4.54% of Omega Healthcare Investors shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 2.5% . Institutional Investors own 84.12% of Omega Healthcare Investors shares. During last six month period, the net percent change held by insiders has seen a change of 18.51%.

The company shares have dropped -2.82% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $37.24 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $32.36 and the 200 Day Moving Average price is recorded at $33.19. Omega Healthcare Investors (NYSE:OHI): The stock opened at $33.96 on Wednesday but the bulls could not build on the opening and the stock topped out at $34.16 for the day. The stock traded down to $33.19 during the day, due to lack of any buying support eventually closed down at $33.56 with a loss of -0.62% for the day. The stock had closed at $33.77 on the previous day. The total traded volume was 1,881,815 shares.

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.

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