Deutsche Bank AG Purchases 839,111 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Deutsche Bank AG lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 362.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,070,805 shares of the real estate investment trust's stock after buying an additional 839,111 shares during the quarter. Deutsche Bank AG owned about 0.37% of Omega Healthcare Investors worth $40,776,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in Omega Healthcare Investors in the first quarter worth $29,000. Dunhill Financial LLC grew its holdings in shares of Omega Healthcare Investors by 97.9% during the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 750 shares during the last quarter. CoreCap Advisors LLC lifted its position in shares of Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock valued at $60,000 after purchasing an additional 1,009 shares in the last quarter. Park Square Financial Group LLC bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at about $61,000. Finally, UMB Bank n.a. lifted its position in shares of Omega Healthcare Investors by 94.9% during the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock valued at $83,000 after purchasing an additional 1,059 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded up $0.14 during midday trading on Friday, hitting $40.98. The company's stock had a trading volume of 2,151,754 shares, compared to its average volume of 2,219,108. The stock has a fifty day moving average price of $38.03 and a 200 day moving average price of $37.46. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 25.30, a P/E/G ratio of 2.84 and a beta of 0.66.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The business's revenue for the quarter was up 11.8% compared to the same quarter last year. On average, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Monday, August 4th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 165.43%.

Analyst Upgrades and Downgrades

OHI has been the topic of several research reports. Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $38.00 to $41.00 in a research report on Monday, July 14th. Royal Bank Of Canada lifted their price objective on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 7th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target of $42.00.

Insider Activity

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the completion of the transaction, the director directly owned 18,654 shares in the company, valued at $749,144.64. This trade represents a 11.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.