American National Registered Investment Advisor Inc. Holds Position in Omega Healthcare Investors Inc (OHI)

American National Registered Investment Advisor Inc. Holds Position in Omega Healthcare Investors Inc (OHI)

American National Registered Investment Advisor Inc. continued to hold its stake in Omega Healthcare Investors Inc (NYSE:OHI) during the first quarter, Holdings Channel reports. The institutional investor owned 15,082 shares of the real estate investment trust’s stock at the end of the first quarter. American National Registered Investment Advisor Inc.’s holdings in Omega Healthcare Investors were worth $498,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Tompkins Financial Corp acquired a new stake in Omega Healthcare Investors during the first quarter worth about $165,000. Yorktown Management & Research Co Inc acquired a new stake in Omega Healthcare Investors during the third quarter worth about $213,000. Lodestar Investment Counsel LLC IL acquired a new stake in Omega Healthcare Investors during the first quarter worth about $209,000. Wesbanco Bank Inc. acquired a new stake in Omega Healthcare Investors during the first quarter worth about $211,000. Finally, Greenwood Capital Associates LLC acquired a new stake in Omega Healthcare Investors during the fourth quarter worth about $204,000. Institutional investors own 78.78% of the company’s stock.

Omega Healthcare Investors Inc (NYSE:OHI) traded up 1.52% during trading on Friday, hitting $32.16. 2,437,200 shares of the company traded hands. The firm has a market capitalization of $6.33 billion, a P/E ratio of 16.92 and a beta of 0.51. The stock has a 50-day moving average price of $33.24 and a 200-day moving average price of $31.71. Omega Healthcare Investors Inc has a 12-month low of $28.11 and a 12-month high of $38.09.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.02. Omega Healthcare Investors had a return on equity of 8.86% and a net margin of 40.67%. The firm earned $231.74 million during the quarter, compared to analyst estimates of $197.55 million. During the same period last year, the firm posted $0.83 EPS. The business’s revenue was up 8.9% compared to the same quarter last year. Equities analysts expect that Omega Healthcare Investors Inc will post $2.02 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 15th. Stockholders of record on Monday, May 1st will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, April 27th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a dividend yield of 7.84%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 131.22%.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Tuesday, February 21st. Jefferies Group LLC downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.00 price objective on the stock. in a report on Tuesday, February 21st. Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $34.01 price objective on the stock. in a report on Monday, February 27th. TheStreet upgraded shares of Omega Healthcare Investors from a “c+” rating to a “b-” rating in a report on Monday, February 6th. Finally, SunTrust Banks, Inc. downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.00 price objective on the stock. in a report on Wednesday, February 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $34.47.

In other news, insider Steven J. Insoft sold 87,500 shares of the firm’s stock in a transaction on Tuesday, April 11th. The stock was sold at an average price of $34.00, for a total transaction of $2,975,000.00. Following the completion of the sale, the insider now directly owns 324,076 shares of the company’s stock, valued at approximately $11,018,584. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Steven J. Insoft sold 12,500 shares of the firm’s stock in a transaction on Tuesday, March 14th. The shares were sold at an average price of $30.93, for a total value of $386,625.00. Following the sale, the insider now directly owns 411,576 shares of the company’s stock, valued at $12,730,045.68. The disclosure for this sale can be found here. Company insiders own 4.54% of the company’s stock.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

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