Los Angeles Capital Management LLC Cuts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Los Angeles Capital Management LLC decreased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 4.8% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 146,027 shares of the real estate investment trust's stock after selling 7,307 shares during the period. Los Angeles Capital Management LLC owned approximately 0.05% of Omega Healthcare Investors worth $5,561,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in OHI. Proficio Capital Partners LLC purchased a new stake in Omega Healthcare Investors during the 4th quarter valued at $443,000. Natixis Advisors LLC boosted its position in Omega Healthcare Investors by 9.5% during the 4th quarter. Natixis Advisors LLC now owns 34,736 shares of the real estate investment trust's stock valued at $1,315,000 after buying an additional 3,025 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in Omega Healthcare Investors by 17.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,239 shares of the real estate investment trust's stock valued at $539,000 after buying an additional 2,073 shares during the period. Thrivent Financial for Lutherans raised its holdings in Omega Healthcare Investors by 41.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 85,798 shares of the real estate investment trust's stock worth $3,247,000 after purchasing an additional 25,223 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its holdings 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. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Down 0.1%

Shares of Omega Healthcare Investors stock traded down $0.05 during trading on Friday, hitting $38.96. The company's stock had a trading volume of 260,450 shares, compared to its average volume of 2,406,921. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58. The company has a fifty day simple moving average of $37.09 and a two-hundred day simple moving average of $37.19. The company has a market capitalization of $11.27 billion, a PE ratio of 24.20, a P/E/G ratio of 2.69 and a beta of 0.68. 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 issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. The company had revenue of $228.38 million during 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%. Omega Healthcare Investors's quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the business earned $0.68 EPS. Equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $38.00 to $41.00 in a report on Monday, July 14th. Five equities 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, the stock has a consensus rating of "Hold" and a consensus price target of $42.25.

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.