Bank of New York Mellon Corp Sells 95,261 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Bank of New York Mellon Corp lowered its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,934,671 shares of the real estate investment trust's stock after selling 95,261 shares during the quarter. Bank of New York Mellon Corp owned 1.09% of Omega Healthcare Investors worth $111,077,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in OHI. Geode Capital Management LLC raised its holdings in Omega Healthcare Investors by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust's stock valued at $261,589,000 after buying an additional 192,465 shares during the last quarter. State Street Corp raised its stake in shares of Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust's stock valued at $502,228,000 after acquiring an additional 114,085 shares during the last quarter. Assetmark Inc. raised its stake in shares of Omega Healthcare Investors by 1.7% during the third quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust's stock valued at $48,492,000 after acquiring an additional 19,542 shares during the last quarter. Tallon Kerry Patrick purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter worth about $1,250,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Omega Healthcare Investors by 120.8% in the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust's stock worth $9,212,000 after purchasing an additional 123,836 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of recent analyst reports. BMO Capital Markets raised Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Mizuho upped their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. Royal Bank of Canada lifted 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 report on Monday, November 11th. Finally, JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $41.67.

Omega Healthcare Investors Stock Up 2.1 %

Shares of OHI stock traded up $0.77 during mid-day trading on Monday, reaching $37.61. 2,625,652 shares of the company's stock traded hands, compared to its average volume of 1,629,017. The company's 50-day moving average price is $37.20 and its 200-day moving average price is $39.03. The company has a market cap of $10.60 billion, a P/E ratio of 24.26, a P/E/G ratio of 1.09 and a beta of 0.99. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping the consensus estimate 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 expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) 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.