Qube Research & Technologies Ltd Takes Position in Omega Healthcare Investors Inc (OHI)

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Qube Research & Technologies Ltd purchased a new stake in shares of Omega Healthcare Investors Inc (NYSE:OHI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 9,946 shares of the real estate investment trust’s stock, valued at approximately $308,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Millennium Management LLC bought a new position in Omega Healthcare Investors during the second quarter valued at approximately $2,050,000. Centaurus Financial Inc. purchased a new stake in shares of Omega Healthcare Investors during the second quarter valued at approximately $612,000. Tower Research Capital LLC TRC boosted its stake in shares of Omega Healthcare Investors by 56.2% during the second quarter. Tower Research Capital LLC TRC now owns 38,066 shares of the real estate investment trust’s stock valued at $1,180,000 after purchasing an additional 13,700 shares during the period. Paloma Partners Management Co purchased a new stake in shares of Omega Healthcare Investors during the second quarter valued at approximately $515,000. Finally, Macquarie Group Ltd. boosted its stake in shares of Omega Healthcare Investors by 210.0% during the second quarter. Macquarie Group Ltd. now owns 295,023 shares of the real estate investment trust’s stock valued at $9,146,000 after purchasing an additional 199,848 shares during the period. Institutional investors and hedge funds own 72.26% of the company’s stock.

A number of research firms have recently weighed in on OHI. Zacks Investment Research raised Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Thursday, August 16th. Wells Fargo & Co lowered Omega Healthcare Investors from an “outperform” rating to a “market perform” rating in a research note on Monday, June 25th. They noted that the move was a valuation call. ValuEngine raised Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Monday, August 13th. Cantor Fitzgerald reissued a “buy” rating and set a $34.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, August 6th. Finally, Stifel Nicolaus increased their price objective on Omega Healthcare Investors from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, August 7th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Omega Healthcare Investors has an average rating of “Hold” and a consensus price target of $31.37.

NYSE:OHI opened at $33.07 on Friday. The company has a market cap of $6.60 billion, a PE ratio of 10.19, a P/E/G ratio of 5.54 and a beta of 0.30. Omega Healthcare Investors Inc has a fifty-two week low of $24.90 and a fifty-two week high of $33.51. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 1.15.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Friday, August 3rd. The real estate investment trust reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.02. Omega Healthcare Investors had a return on equity of 2.49% and a net margin of 10.61%. The firm had revenue of $192.85 million during the quarter, compared to analyst estimates of $200.30 million. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The business’s quarterly revenue was down .6% compared to the same quarter last year. sell-side analysts anticipate that Omega Healthcare Investors Inc will post 2.97 earnings per share for the current year.

About Omega Healthcare Investors

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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