Edmp Inc. Sells 7,131 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Edmp Inc. lowered its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,391 shares of the real estate investment trust’s stock after selling 7,131 shares during the period. Omega Healthcare Investors makes up 4.3% of Edmp Inc.’s portfolio, making the stock its 5th biggest position. Edmp Inc.’s holdings in Omega Healthcare Investors were worth $4,557,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in OHI. Geode Capital Management LLC grew its stake in shares of Omega Healthcare Investors by 3.1% in the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after buying an additional 192,465 shares in the last quarter. State Street Corp boosted its stake in shares of Omega Healthcare Investors by 0.9% in the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares during the period. Assetmark Inc. grew its holdings in Omega Healthcare Investors by 1.7% during the 3rd quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust’s stock valued at $48,492,000 after purchasing an additional 19,542 shares in the last quarter. Tallon Kerry Patrick purchased a new stake in Omega Healthcare Investors during the 4th quarter worth $1,250,000. Finally, BNP Paribas Financial Markets lifted its holdings in Omega Healthcare Investors by 120.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock worth $9,212,000 after buying an additional 123,836 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Down 2.7 %

OHI stock opened at $36.88 on Tuesday. The company has a 50 day moving average of $38.00 and a two-hundred day moving average of $39.11. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 1.11 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a $0.67 dividend. The ex-dividend date is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.27%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Wall Street Analyst Weigh In

OHI has been the subject of a number of recent analyst reports. Berenberg Bank initiated coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Mizuho upped their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research note on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday. Finally, Royal Bank of Canada increased their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus price target of $41.67.

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.