Menta Capital buys $5,285,775 stake in Omega Healthcare Investors Inc (OHI)

Omega Healthcare Investors Inc (OHI) : Menta Capital scooped up 84,000 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 Aug 12, 2016. The investment management firm now holds a total of 141,900 shares of Omega Healthcare Investors Inc which is valued at $5,285,775.Omega Healthcare Investors Inc makes up approximately 0.68% of Menta Capital’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag reduced its stake in OHI by selling 6,591 shares or 0.91% in the most recent quarter. The Hedge Fund company now holds 720,436 shares of OHI which is valued at $26,836,241. Omega Healthcare Investors Inc makes up approx 0.04% of Allianz Asset Management Ag’s portfolio. Canada Pension Plan Investment Board sold out all of its stake in OHI during the most recent quarter. The investment firm sold 4,600 shares of OHI which is valued $171,350.Victory Capital Management Inc boosted its stake in OHI in the latest quarter, The investment management firm added 1,050 additional shares and now holds a total of 2,175 shares of Omega Healthcare Investors Inc which is valued at $80,345. Barrett Asset Management sold out all of its stake in OHI during the most recent quarter. The investment firm sold 37 shares of OHI which is valued $1,294.

Omega Healthcare Investors Inc opened for trading at $36.24 and hit $36.57 on the upside on Monday, eventually ending the session at $36.43, with a gain of 0.86% or 0.31 points. The heightened volatility saw the trading volume jump to 10,23,919 shares. Company has a market cap of $7,047 M.

On the company’s financial health, Omega Healthcare Investors Inc reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.83. The company had revenue of $186.50 million for the quarter, compared to analysts expectations of $180.20 million. The company’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.

Many Wall Street Analysts have commented on Omega Healthcare Investors Inc. Omega Healthcare Investors Inc was Downgraded by JMP Securities to ” Mkt Perform” on Aug 18, 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.

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