Gray Financial Group Ga Adv Adv Lowers stake in Omega Healthcare Investors Inc (OHI)

Omega Healthcare Investors Inc (OHI) : Gray Financial Group Ga Adv Adv reduced its stake in Omega Healthcare Investors Inc by 17.85% during the most recent quarter end. The investment management company now holds a total of 5,989 shares of Omega Healthcare Investors Inc which is valued at $209,375 after selling 1,301 shares in Omega Healthcare Investors Inc , the firm said in a disclosure report filed with the SEC on Jul 19, 2016.Omega Healthcare Investors Inc makes up approximately 0.08% of Gray Financial Group Ga Adv Adv’s portfolio.

Other Hedge Funds, Including , 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.Barry Investment Advisors boosted its stake in OHI in the latest quarter, The investment management firm added 299,554 additional shares and now holds a total of 308,006 shares of Omega Healthcare Investors Inc which is valued at $10,490,684. Omega Healthcare Investors Inc makes up approx 3.99% of Barry Investment Advisors’s portfolio.Next Financial Group Inc boosted its stake in OHI in the latest quarter, The investment management firm added 166 additional shares and now holds a total of 1,956 shares of Omega Healthcare Investors Inc which is valued at $66,524. Omega Healthcare Investors Inc makes up approx 0.02% of Next Financial Group Inc’s portfolio.Raymond James Trust N.a. boosted its stake in OHI in the latest quarter, The investment management firm added 1,219 additional shares and now holds a total of 15,567 shares of Omega Healthcare Investors Inc which is valued at $529,434. Omega Healthcare Investors Inc makes up approx 0.04% of Raymond James Trust N.a.’s portfolio.

Omega Healthcare Investors Inc opened for trading at $34.82 and hit $34.96 on the upside on Wednesday, eventually ending the session at $34.96, with a gain of 0.81% or 0.28 points. The heightened volatility saw the trading volume jump to 21,50,865 shares. Company has a market cap of $6,578 M.

On the company’s financial health, Omega Healthcare Investors Inc reported $0.83 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.81. The company had revenue of $212.90 million for the quarter, compared to analysts expectations of $174.42 million. The company’s revenue was up 59.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Investors should note that on Jul 14, 2016, Omega Healthcare Investors Inc announced a cash dividend of $0.6000. The company’s management has announced Jul 28, 2016 as the ex-dividend date and fixed the record date on Aug 1, 2016. The payable date has been fixed on Aug 15, 2016.

Many Wall Street Analysts have commented on Omega Healthcare Investors Inc. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 38 from a previous price target of $35 .

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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