Omega Healthcare Investors Inc (OHI) : Rench Wealth Management scooped up 651 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 Nov 14, 2016. The investment management firm now holds a total of 110,949 shares of Omega Healthcare Investors Inc which is valued at $3,249,696.Omega Healthcare Investors Inc makes up approximately 2.74% of Rench Wealth Management’s portfolio.
Other Hedge Funds, Including , Loomis Sayles Co L P reduced its stake in OHI by selling 11,529 shares or 1.68% in the most recent quarter. The Hedge Fund company now holds 675,040 shares of OHI which is valued at $19,771,922. Omega Healthcare Investors Inc makes up approx 0.05% of Loomis Sayles Co L P’s portfolio.Wade G W Inc boosted its stake in OHI in the latest quarter, The investment management firm added 44 additional shares and now holds a total of 7,549 shares of Omega Healthcare Investors Inc which is valued at $223,148. Omega Healthcare Investors Inc makes up approx 0.04% of Wade G W Inc’s portfolio. D. Scott Neal sold out all of its stake in OHI during the most recent quarter. The investment firm sold 19 shares of OHI which is valued $631.
Omega Healthcare Investors Inc closed down -0.11 points or -0.39% at $28.39 with 27,42,499 shares getting traded on Monday. Post opening the session at $28.67, the shares hit an intraday low of $28.26 and an intraday high of $28.7299 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Omega Healthcare Investors Inc reported $0.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Oct 31, 2016. Analyst had a consensus of $0.84. The company had revenue of $185.80 million for the quarter, compared to analysts expectations of $186.35 million. The company’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 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.