Pathway Financial Advisers LLC Buys 483 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Pathway Financial Advisers LLC lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,955 shares of the real estate investment trust’s stock after acquiring an additional 483 shares during the quarter. Omega Healthcare Investors makes up approximately 1.1% of Pathway Financial Advisers LLC’s holdings, making the stock its 28th biggest position. Pathway Financial Advisers LLC’s holdings in Omega Healthcare Investors were worth $3,367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its stake in shares of Omega Healthcare Investors by 4.7% in the fourth quarter. Van ECK Associates Corp now owns 104,859 shares of the real estate investment trust’s stock worth $3,969,000 after purchasing an additional 4,714 shares in the last quarter. Values First Advisors Inc. boosted its holdings in Omega Healthcare Investors by 3.9% in the 4th quarter. Values First Advisors Inc. now owns 19,378 shares of the real estate investment trust’s stock worth $733,000 after buying an additional 723 shares during the period. Allspring Global Investments Holdings LLC increased its stake in Omega Healthcare Investors by 4,637.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 156,715 shares of the real estate investment trust’s stock worth $5,935,000 after buying an additional 153,407 shares in the last quarter. Kentucky Trust Co bought a new stake in Omega Healthcare Investors during the fourth quarter valued at about $38,000. Finally, Louisiana State Employees Retirement System lifted its position in shares of Omega Healthcare Investors by 4.8% in the fourth quarter. Louisiana State Employees Retirement System now owns 74,900 shares of the real estate investment trust’s stock valued at $2,835,000 after acquiring an additional 3,400 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on OHI. Mizuho increased their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research 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 target price for the company in a research report on Monday, December 9th. Berenberg Bank initiated coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 target price on the stock. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a report on Thursday, October 31st. Finally, Royal Bank of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Down 0.8 %

Shares of NYSE:OHI opened at $35.74 on Thursday. The firm has a market capitalization of $9.65 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The business has a 50 day simple moving average of $37.88 and a two-hundred day simple moving average of $39.11. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.50%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s payout ratio is presently 172.90%.

Omega Healthcare Investors 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.