Daiwa Securities Group Inc. raised its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,840,280 shares of the real estate investment trust's stock after purchasing an additional 890,912 shares during the quarter. Daiwa Securities Group Inc. owned 1.79% of Omega Healthcare Investors worth $183,205,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in OHI. Stonebridge Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at $26,000. Grove Bank & Trust purchased a new position in Omega Healthcare Investors during the 4th quarter valued at about $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors in the 3rd quarter valued at about $31,000. Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors during the third quarter worth about $31,000. Finally, Kentucky Trust Co purchased a new stake in Omega Healthcare Investors during the fourth quarter worth about $38,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.
Omega Healthcare Investors Stock Up 0.3 %
Omega Healthcare Investors stock traded up $0.12 during midday trading on Thursday, reaching $36.70. The company's stock had a trading volume of 2,307,592 shares, compared to its average volume of 1,668,538. The company has a market cap of $10.34 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business has a 50-day simple moving average of $37.07 and a 200-day simple moving average of $38.97. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42.
Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its 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%. On average, research 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 announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.30%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. 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 cut their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating on the stock in a research report on Monday. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Mizuho boosted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $41.44.
Read Our Latest Research Report on Omega Healthcare Investors
Omega Healthcare Investors Company Profile
(
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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