The largest Insider Buys this week were for Corporate Office Properties Trust (OFC, Financial), Omega Healthcare Investors Inc. (OHI, Financial), FS Investment Corp. (FSIC, Financial), and Prospect Capital Corp. (PSEC, Financial).
Corporate Office Properties Trust (OFC, Financial): Executive Vice President & COO Paul R. Adkins Bought 10,000 Shares
Executive Vice President & COO Paul R. Adkins bought 10,000 shares of OFC stock on Dec. 21 at the average price of $29.06. The price of the stock has increased by 0.48% since.
Corporate Office Properties Trust is an American real estate investment trust that primarily invests in office buildings concentrated in the suburbs of the Washington, D.C. metropolitan area and primarily leased to the U.S. government or companies in the defense industry. The company has a market cap of $2.91 billion, and as of Dec. 29 it traded at $29.20.
On Nov. 9 Corporate Office Properties Trust announced that its Board of Trustees declared the company’s 80th consecutive common share quarterly dividend. The fourth quarter 2017 dividend is $0.275, an annualized amount of $1.10 per share. The dividend is payable on Jan. 16, 2018, to shareholders of record at the close of business on Dec. 29, 2017.
Omega Healthcare Investors Inc. (OHI, Financial): Director Bernard J. Korman Bought 100,000 Shares
Director Bernard J. Korman bought 100,000 shares of OHI stock on Dec. 22 at the average price of $26.89. The price of the stock has increased by 2.42% since.
Omega Healthcare Investors Inc. is an American real estate investment firm that primarily invests in healthcare facilities, especially in the sale, construction, and renovation of skilled nursing facilities and assisted living facilities. The company has a market cap of $5.45 billion, and as of Dec. 29 it traded at $27.54.
Omega Healthcare Investors Inc. reported financial results for the third quarter of 2017 ended Sept. 30, 2017. Net loss for the quarter was $137.5 million, while funds from operations was $46.78 million. Adjusted funds from operations per share was $0.79, while adjusted funds from operations was $163.64 million.
FS Investment Corp. (FSIC, Financial): Director Jeffrey Harrow Bought 13,441 Shares
Director Jeffrey Harrow bought 13,441 shares of FSIC stock on Dec. 28 at the average price of $7.44. The price of the stock has decreased by 1.21% since.
FS Investment Corp. is an American business development company focused on providing customized credit solutions to private middle market U.S. companies. The company primarily invests in senior secured debt and the subordinated debt of private middle market U.S. companies. The company has a market cap of $1.81 billion, and as of Dec. 29 it traded at $7.35.
On Dec. 11 FS Investment Corp. announced that the company has entered into an agreement with KKR, a global investment firm, to create the largest business development company platform. The platform will have $18 billion in combined assets under management and will offer differentiated origination capabilities and expertise in capital markets.
Prospect Capital Corp. (PSEC, Financial): Chief Operating Officer M. Grier Eliasek Bought 30,000 Shares.
Chief Operating Officer M. Grier Eliasek bought 10,000 shares of PSEC stock on Dec. 22 at the average price of $7.19. The price of the stock has decreased by 6.26% since.
Prospect Capital Corp. is an American business development company that focuses on providing private debt and private equity to middle-market companies in the U.S. and invests primarily in first and second-lien loans and mezzanine debt. The company has a market cap of $2.43 billion, and as of Dec. 29 it traded at $6.74.
On Nov. 8 Prospect Capital Corp. reported results for the first fiscal quarter of 2017 ended Sept 30, 2017. Net investment income for the quarter was $63.73 million, compared to $78.9 million during the same quarter prior year. Net investment income per share was $0.18, compared to $0.22 during the same quarter prior year.
For the complete list of stocks that were bought by their company executives, go to: Insider Trades.
Disclosure: I do not own stock in any of the companies mentioned in the article.
