Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Position Boosted by Mutual Advisors LLC

Mutual Advisors LLC grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,758 shares of the real estate investment trust’s stock after buying an additional 1,786 shares during the quarter. Mutual Advisors LLC owned about 0.11% of Omega Healthcare Investors worth $11,343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its position in shares of Omega Healthcare Investors by 4.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,802 shares of the real estate investment trust’s stock valued at $1,242,000 after purchasing an additional 1,309 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in Omega Healthcare Investors by 1.6% during the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after buying an additional 350 shares in the last quarter. UMB Bank n.a. grew its position in Omega Healthcare Investors by 68.6% in the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 454 shares during the last quarter. Community Bank of Raymore increased its holdings in shares of Omega Healthcare Investors by 15.8% in the fourth quarter. Community Bank of Raymore now owns 26,510 shares of the real estate investment trust’s stock valued at $1,003,000 after buying an additional 3,615 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at $272,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on OHI. Mizuho lifted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Berenberg Bank initiated 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. BNP Paribas upgraded 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. Wells Fargo & Company restated an “overweight” rating and issued a $43.00 price target (up previously from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. Finally, BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research note on Monday, December 9th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Trading Down 1.9 %

Shares of NYSE:OHI opened at $36.96 on Thursday. Omega Healthcare Investors, Inc. has a 12-month low of $27.53 and a 12-month high of $44.42. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $9.98 billion, a P/E ratio of 27.18, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. The firm has a fifty day moving average of $38.71 and a two-hundred day moving average of $38.91.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a yield of 7.25%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 197.06%.

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.