Amundi boosted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 18.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,039,247 shares of the real estate investment trust's stock after acquiring an additional 321,879 shares during the period. Amundi owned 0.76% of Omega Healthcare Investors worth $77,145,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of OHI. PNC Financial Services Group Inc. grew its stake in Omega Healthcare Investors by 12.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 10,593 shares of the real estate investment trust's stock worth $401,000 after buying an additional 1,137 shares in the last quarter. Machina Capital S.A.S. purchased a new position in Omega Healthcare Investors in the 4th quarter worth approximately $268,000. Edgestream Partners L.P. grew its stake in Omega Healthcare Investors by 398.0% in the 4th quarter. Edgestream Partners L.P. now owns 169,000 shares of the real estate investment trust's stock worth $6,397,000 after buying an additional 135,062 shares in the last quarter. Jackson Creek Investment Advisors LLC purchased a new position in Omega Healthcare Investors in the 4th quarter worth approximately $252,000. Finally, Inceptionr LLC grew its stake in Omega Healthcare Investors by 108.7% in the 4th quarter. Inceptionr LLC now owns 31,183 shares of the real estate investment trust's stock worth $1,180,000 after buying an additional 16,244 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on OHI shares. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. 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 for the company in a report on Monday, December 9th. Wells Fargo & Company lowered their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a report on Monday. Finally, Mizuho boosted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors has an average rating of "Moderate Buy" and a consensus price target of $41.44.
Read Our Latest Research Report on OHI
Omega Healthcare Investors Stock Down 2.5 %
NYSE:OHI opened at $36.68 on Wednesday. The firm's 50-day moving average price is $37.09 and its 200-day moving average price is $38.98. The company has a market capitalization of $10.34 billion, a PE ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42.
Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.31%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.
About Omega Healthcare Investors
(
Free Report)
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.
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