New York State Common Retirement Fund Increases Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

New York State Common Retirement Fund boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 6.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,682 shares of the real estate investment trust's stock after buying an additional 11,900 shares during the quarter. New York State Common Retirement Fund owned approximately 0.07% of Omega Healthcare Investors worth $7,718,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas lifted its stake in Omega Healthcare Investors by 69.8% in the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock worth $5,385,000 after purchasing an additional 58,482 shares in the last quarter. PFG Investments LLC lifted its stake in Omega Healthcare Investors by 20.4% in the 1st quarter. PFG Investments LLC now owns 70,762 shares of the real estate investment trust's stock worth $2,695,000 after purchasing an additional 11,970 shares in the last quarter. Advisors Capital Management LLC lifted its stake in Omega Healthcare Investors by 4.3% in the 4th quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock worth $28,836,000 after purchasing an additional 31,072 shares in the last quarter. Columbus Macro LLC purchased a new position in Omega Healthcare Investors in the 1st quarter worth approximately $6,353,000. Finally, GAMMA Investing LLC lifted its stake in Omega Healthcare Investors by 4,248.2% in the 1st quarter. GAMMA Investing LLC now owns 174,102 shares of the real estate investment trust's stock worth $6,630,000 after purchasing an additional 170,098 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $38.00 to $41.00 in a research note on Monday, July 14th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $42.25.

Omega Healthcare Investors Trading Up 1.0%

Shares of OHI stock traded up $0.40 during trading on Wednesday, hitting $39.03. 1,739,553 shares of the stock traded hands, compared to its average volume of 2,122,336. The firm has a market capitalization of $11.29 billion, a P/E ratio of 24.24, a price-to-earnings-growth ratio of 2.66 and a beta of 0.68. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. The firm's fifty day moving average price is $37.04 and its 200-day moving average price is $37.18. Omega Healthcare Investors, Inc. has a 52-week low of $35.04 and a 52-week high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The firm had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The business's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.68 EPS. As a group, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

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.