Omega Healthcare Investors, Inc. (NYSE:OHI) is Edmp Inc.'s 5th Largest Position

Edmp Inc. lessened its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,391 shares of the real estate investment trust's stock after selling 7,131 shares during the quarter. Omega Healthcare Investors accounts for 4.3% of Edmp Inc.'s investment portfolio, making the stock its 5th largest position. Edmp Inc.'s holdings in Omega Healthcare Investors were worth $4,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in OHI. Geode Capital Management LLC increased its position in shares of Omega Healthcare Investors by 3.1% in the third 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 in the last quarter. State Street Corp grew its stake in Omega Healthcare Investors by 0.9% in the 3rd 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. increased its holdings in Omega Healthcare Investors by 1.7% during the 3rd 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 in the last quarter. Tallon Kerry Patrick acquired a new position in Omega Healthcare Investors during the fourth quarter worth about $1,250,000. Finally, BNP Paribas Financial Markets raised its position in Omega Healthcare Investors by 120.8% during 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 acquiring an additional 123,836 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Analysts Set New Price Targets

OHI has been the topic of a number of recent research reports. Berenberg Bank assumed coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They issued a "buy" rating and a $45.00 target price on the stock. Royal Bank of Canada lifted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. Mizuho increased their price target 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. BMO Capital Markets upgraded Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a report on Monday, December 9th. Finally, JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $41.67.

Omega Healthcare Investors Trading Up 0.2 %

OHI traded up $0.06 on Friday, reaching $36.41. 819,557 shares of the company's stock were exchanged, compared to its average volume of 1,950,513. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.48 and a current ratio of 7.07. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company's 50 day moving average is $37.74 and its 200-day moving average is $39.07.

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 EPS for the quarter, beating 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%. Equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.36%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Omega Healthcare Investors Company 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.