Integrated Investment Consultants buys $869,400 stake in Omega Healthcare Investors Inc (OHI)

Omega Healthcare Investors Inc (OHI) : Integrated Investment Consultants scooped up 3,000 additional shares in Omega Healthcare Investors Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 5, 2016. The investment management firm now holds a total of 25,200 shares of Omega Healthcare Investors Inc which is valued at $869,400.Omega Healthcare Investors Inc makes up approximately 0.46% of Integrated Investment Consultants’s portfolio.

Omega Healthcare Investors Inc opened for trading at $34.08 and hit $34.484 on the upside on Monday, eventually ending the session at $34.17, with a gain of 0.47% or 0.16 points. The heightened volatility saw the trading volume jump to 23,22,057 shares. Company has a market cap of $6,430 M.

On the company’s financial health, Omega Healthcare Investors Inc reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.81. The company had revenue of $212.90 million for the quarter, compared to analysts expectations of $174.42 million. The company’s revenue was up 59.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Many Wall Street Analysts have commented on Omega Healthcare Investors Inc. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 38 from a previous price target of $35 .

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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