Breaking: Is Omega Healthcare Investors Inc a Buy? The Stock Rises Again

Breaking: Is Omega Healthcare Investors Inc a Buy? The Stock Rises Again

The stock of Omega Healthcare Investors Inc (NYSE:OHI) is a huge mover today! About 1.64 million shares traded hands. Omega Healthcare Investors Inc (NYSE:OHI) has declined 18.42% since April 11, 2016 and is downtrending. It has underperformed by 24.57% the S&P500.
The move comes after 5 months positive chart setup for the $5.41B company. It was reported on Nov, 11 by Barchart.com. We have $35.60 PT which if reached, will make NYSE:OHI worth $1.35B more.

Omega Healthcare Investors Inc (NYSE:OHI) Ratings Coverage

Out of 7 analysts covering Omega Healthcare Investors (NYSE:OHI), 4 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 57% are positive. Omega Healthcare Investors has been the topic of 10 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Thursday, February 25 the stock rating was upgraded by Jefferies to “Buy”. The stock has “Outperform” rating given by JMP Securities on Thursday, February 11. The stock has “Mkt Perform” rating given by JMP Securities on Thursday, August 18. The company was downgraded on Tuesday, January 12 by Jefferies. The rating was upgraded by Hilliard Lyons to “Buy” on Wednesday, November 4. The stock of Omega Healthcare Investors Inc (NYSE:OHI) earned “Neutral” rating by BTIG Research on Thursday, August 25. On Tuesday, November 3 the stock rating was maintained by Stifel Nicolaus with “Buy”. SunTrust maintained Omega Healthcare Investors Inc (NYSE:OHI) on Thursday, August 4 with “Buy” rating.

According to Zacks Investment Research, “OMEGA HEALTHCARE INVESTORS is a self-administered real estate investment trust which invests in income- producing health care facilities, principally long-term care facilities, with the objective of profitable growth and further diversification of the investment portfolio. Investments are located primarily in the United States.”

Insitutional Activity: The institutional sentiment increased to 1.68 in Q2 2016. Its up 0.14, from 1.54 in 2016Q1. The ratio improved, as 32 funds sold all Omega Healthcare Investors Inc shares owned while 93 reduced positions. 34 funds bought stakes while 176 increased positions. They now own 158.37 million shares or 0.90% more from 156.95 million shares in 2016Q1.
Amp Cap Investors last reported 0.03% of its portfolio in the stock. Moody Savings Bank Trust Division has 0.03% invested in the company for 13,732 shares. Dana Invest Advsr holds 194,384 shares or 0.29% of its portfolio. Signaturefd Limited Liability Co last reported 0% of its portfolio in the stock. X Co Limited Liability Com reported 238,023 shares or 0.41% of all its holdings. Huntington Bancshares has 5,268 shares for 0.01% of their US portfolio. Profund Advisors Limited Liability Com, a Maryland-based fund reported 33,619 shares. Keybank Natl Association Oh holds 0% of its portfolio in Omega Healthcare Investors Inc (NYSE:OHI) for 21,343 shares. Cetera Advisors Ltd Llc accumulated 0.06% or 21,071 shares. Blackrock Fund Advsr reported 7.10M shares or 0.05% of all its holdings. Dimensional Fund Ltd Partnership has 2.35M shares for 0.05% of their US portfolio. Assetmark Incorporated accumulated 0% or 70 shares. Cadence Mgmt Llc, a Massachusetts-based fund reported 12,075 shares. Blackrock Institutional Na reported 6.54M shares or 0.04% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Omega Healthcare Investors Inc (NYSE:OHI) for 9,646 shares.

Insider Transactions: Since May 23, 2016, the stock had 3 buys, and 3 insider sales for $1.17 million net activity. Another trade for 43,942 shares valued at $1.65M was made by Bernfield Craig M on Thursday, September 8. $742,800 worth of shares were sold by BOOTH DANIEL J on Monday, August 15. On Monday, May 23 FRANKE THOMAS F bought $186,060 worth of the stock or 6,000 shares. PICKETT C TAYLOR had bought 21,800 shares worth $637,881 on Friday, November 4. 100,000 shares were bought by KORMAN BERNARD J, worth $2.93 million. The insider INSOFT STEVEN J sold 5,500 shares worth $197,498.

Another recent and important Omega Healthcare Investors Inc (NYSE:OHI) news was published by Seekingalpha.com which published an article titled: “Omega Healthcare Investors: Second Chance To Buy With A Safe 8.3% Dividend Yield” on November 04, 2016.

OHI Company Profile

Omega Healthcare Investors, Inc. (Omega), incorporated on March 31, 1992, is a self-administered real estate investment trust (REIT). The Firm invests in income producing healthcare facilities and long-term care facilities located throughout the United States and the United Kingdom. The Firm operates through the segment, which consists of investments in healthcare-related real estate properties. The Firm 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. The Firm finances investments through borrowings under its revolving credit facilities, private placements or public offerings of its debt and equity securities, the assumption of secured indebtedness, retention of cash flow or a combination of these methods.

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