Large Inflow of Money Detected in Omega Healthcare Investors

Omega Healthcare Investors (OHI) : Investors lapped up stocks on upticks to the tune of $11.79 million in the Mondays trading session. The trading value on downticks was comparatively at $8.69 million and the uptick to downtick ratio of 1.36 indicates continuous buying by the bulls. The net money flow into the stock was $3.1 million. Upticks saw transactions worth $2.91 clearly indicating buying by large investors. The total money flow for block trades stood at $2.91 million, which is a positive for the stock in the long-term. Omega Healthcare Investors (OHI) fell $0.11 during the day at $37.14, a drop of -0.3% over the previous days close. However, for the week, the stock is 4.47%, compared to the previous week.


Shares of Omega Healthcare Investors Inc. rose by 3.17% in the last five trading days and 12.23% for the last 4 weeks. Omega Healthcare Investors Inc. is up 15.42% in the last 3-month period. Year-to-Date the stock performance stands at 11.96%.

Omega Healthcare Investors (NYSE:OHI): The stock opened at $37.45 on Monday but the bulls could not build on the opening and the stock topped out at $37.48 for the day. The stock traded down to $37.11 during the day, due to lack of any buying support eventually closed down at $37.15 with a loss of -0.27% for the day. The stock had closed at $37.25 on the previous day. The total traded volume was 1,673,127 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Omega Healthcare Investors Inc, Franke Thomas F, had purchased 6,000 shares in a transaction dated on May 23, 2016. The transaction was executed at $31.01 per share with total amount equaling $186,060.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.