Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Cwm LLC

Cwm LLC grew its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 161.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,598 shares of the real estate investment trust's stock after buying an additional 14,583 shares during the quarter. Cwm LLC's holdings in Omega Healthcare Investors were worth $899,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. PFG Investments LLC lifted its stake in Omega Healthcare Investors by 20.4% during the first 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 during the last quarter. Advisors Capital Management LLC lifted its stake in Omega Healthcare Investors by 4.3% during the fourth 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 during the last quarter. Columbus Macro LLC bought a new position in Omega Healthcare Investors during the first quarter worth $6,353,000. GAMMA Investing LLC lifted its stake in Omega Healthcare Investors by 4,248.2% during the first 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 during the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in Omega Healthcare Investors by 10.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 84,064 shares of the real estate investment trust's stock worth $3,182,000 after purchasing an additional 7,739 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and raised their price objective 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $42.25.

Omega Healthcare Investors Stock Performance

OHI stock opened at $38.65 on Wednesday. The stock has a market capitalization of $11.18 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 2.62 and a beta of 0.68. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $44.42. The stock's fifty day moving average is $36.89 and its two-hundred day moving average is $37.16.

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

About Omega Healthcare Investors

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.

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