XML Financial LLC lessened its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,836 shares of the real estate investment trust’s stock after selling 1,465 shares during the period. XML Financial LLC’s holdings in Omega Healthcare Investors were worth $2,870,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its position in shares of Omega Healthcare Investors by 12.0% during the 3rd quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock worth $93,000 after buying an additional 244 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 286 shares during the last quarter. NCP Inc. boosted its stake in shares of Omega Healthcare Investors by 10.3% in the 2nd quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 310 shares in the last quarter. V Square Quantitative Management LLC grew its holdings in shares of Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 323 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock worth $2,075,000 after purchasing an additional 325 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Berenberg Bank assumed coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective on the stock. Mizuho lifted their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $43.00 price objective (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price on the stock in a research report on Thursday, October 31st. Finally, Royal Bank of Canada boosted their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.10.
Omega Healthcare Investors Stock Up 0.8 %
Shares of Omega Healthcare Investors stock opened at $37.68 on Wednesday. The firm has a market cap of $10.17 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.09 and a beta of 0.99. The stock’s 50-day moving average is $38.78 and its 200 day moving average is $38.88. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $44.42.
Omega Healthcare Investors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date was Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 197.06%.
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.
Recommended Stories
- Five stocks we like better than Omega Healthcare Investors
- How to Start Investing in Real Estate
- After a Reset Year, Is Moderna Stock Poised for a Comeback?
- Best Stocks Under $10.00
- Retail Trends Spark Analyst Upgrades for DICK’s Sporting Goods
- What Are the U.K. Market Holidays? How to Invest and Trade
- Teck Resources: America’s Ally in Rare Earth Elements
Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.