Asset Management One Co. Ltd. Purchases 17,087 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Asset Management One Co. Ltd. lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 490,327 shares of the real estate investment trust's stock after buying an additional 17,087 shares during the period. Asset Management One Co. Ltd. owned approximately 0.18% of Omega Healthcare Investors worth $18,495,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors during the 4th quarter worth approximately $26,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors in the third quarter worth approximately $31,000. True Wealth Design LLC purchased a new position in shares of Omega Healthcare Investors in the third quarter worth $31,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors during the 4th quarter valued at $30,000. Finally, V Square Quantitative Management LLC boosted its position in Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 323 shares during the period. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Down 0.4 %

Shares of OHI traded down $0.16 on Wednesday, hitting $35.90. 1,538,454 shares of the stock traded hands, compared to its average volume of 1,968,866. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The company has a market capitalization of $10.12 billion, a PE ratio of 23.16, a P/E/G ratio of 1.10 and a beta of 0.99. The business has a 50 day simple moving average of $37.56 and a 200 day simple moving average of $39.09. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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%. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.46%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of analyst reports. Mizuho boosted 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 report on Thursday, December 5th. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price objective for the company in a report on Thursday, October 31st. Royal Bank of Canada boosted their price target 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. Finally, 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. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors has a consensus rating of "Moderate Buy" and a consensus target price of $41.67.

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.