Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Bright Futures Wealth Management LLC.

Bright Futures Wealth Management LLC. decreased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 22.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,042 shares of the real estate investment trust’s stock after selling 3,134 shares during the quarter. Bright Futures Wealth Management LLC.’s holdings in Omega Healthcare Investors were worth $399,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Asset Management One Co. Ltd. raised its stake in shares of Omega Healthcare Investors by 3.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 490,327 shares of the real estate investment trust’s stock valued at $18,495,000 after purchasing an additional 17,087 shares in the last quarter. Pathway Financial Advisers LLC raised its stake in shares of Omega Healthcare Investors by 0.5% during the fourth quarter. Pathway Financial Advisers LLC now owns 88,955 shares of the real estate investment trust’s stock valued at $3,367,000 after purchasing an additional 483 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Omega Healthcare Investors by 4.7% during the fourth quarter. Van ECK Associates Corp now owns 104,859 shares of the real estate investment trust’s stock valued at $3,969,000 after purchasing an additional 4,714 shares in the last quarter. Values First Advisors Inc. raised its stake in shares of Omega Healthcare Investors by 3.9% during the fourth quarter. Values First Advisors Inc. now owns 19,378 shares of the real estate investment trust’s stock valued at $733,000 after purchasing an additional 723 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Omega Healthcare Investors by 4,637.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 156,715 shares of the real estate investment trust’s stock valued at $5,935,000 after purchasing an additional 153,407 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on OHI. Mizuho lifted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note 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. Royal Bank of Canada boosted 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. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $36.36 on Friday. The company has a current ratio of 7.07, a quick ratio of 6.48 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The stock’s 50-day moving average price is $37.80 and its two-hundred day moving average price is $39.09. The company has a market cap of $9.82 billion, a PE ratio of 23.46, a PEG ratio of 1.11 and a beta of 0.99.

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

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.37%. Omega Healthcare Investors’s payout ratio is 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.