Texas Permanent School Fund Has $4.13 Million Position in Omega Healthcare Investors Inc (OHI)

Texas Permanent School Fund decreased its position in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 126,052 shares of the real estate investment trust’s stock after selling 2,127 shares during the period. Texas Permanent School Fund owned 0.06% of Omega Healthcare Investors worth $4,131,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Omega Healthcare Investors by 179.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,009 shares of the real estate investment trust’s stock valued at $1,643,000 after acquiring an additional 34,068 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Omega Healthcare Investors by 14.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,689,457 shares of the real estate investment trust’s stock valued at $176,373,000 after purchasing an additional 736,393 shares in the last quarter. Macquarie Group Ltd. increased its stake in Omega Healthcare Investors by 210.0% during the 2nd 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 in the last quarter. Green Street Investors LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $5,224,000. Finally, Schwab Charles Investment Management Inc. increased its stake in Omega Healthcare Investors by 10.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 984,363 shares of the real estate investment trust’s stock valued at $30,516,000 after purchasing an additional 91,566 shares in the last quarter. 72.39% of the stock is owned by institutional investors.

OHI has been the topic of a number of recent analyst reports. Stifel Nicolaus upped their price target on shares of Omega Healthcare Investors from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, August 7th. Zacks Investment Research lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Wednesday, July 18th. MED initiated coverage on shares of Omega Healthcare Investors in a research note on Tuesday, October 2nd. They set a “neutral” rating and a $31.00 price target on the stock. They noted that the move was a valuation call. ValuEngine upgraded shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Monday, August 13th. Finally, Mitsubishi UFJ Financial Group restated a “neutral” rating on shares of Omega Healthcare Investors in a research note on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $30.42.



Shares of Omega Healthcare Investors stock opened at $32.90 on Monday. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 1.15. Omega Healthcare Investors Inc has a 12-month low of $24.90 and a 12-month high of $33.77. The company has a market cap of $6.59 billion, a price-to-earnings ratio of 9.97, a P/E/G ratio of 5.54 and a beta of 0.29.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Wednesday, October 31st will be paid a $0.66 dividend. The ex-dividend date is Tuesday, October 30th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 8.02%. Omega Healthcare Investors’s payout ratio is currently 80.00%.

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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