KBC Group NV Acquires 19,408 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

KBC Group NV increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 315.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,561 shares of the real estate investment trust's stock after purchasing an additional 19,408 shares during the period. KBC Group NV's holdings in Omega Healthcare Investors were worth $967,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Daiwa Securities Group Inc. grew its position in Omega Healthcare Investors by 317.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust's stock valued at $160,739,000 after acquiring an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Omega Healthcare Investors by 328.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust's stock valued at $67,642,000 after purchasing an additional 1,274,238 shares in the last quarter. FMR LLC grew its holdings in shares of Omega Healthcare Investors by 9.9% during the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust's stock valued at $171,625,000 after purchasing an additional 380,626 shares during the last quarter. Franklin Resources Inc. boosted its position in Omega Healthcare Investors by 441.4% during the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust's stock valued at $17,177,000 after buying an additional 350,570 shares during the period. Finally, Parallax Volatility Advisers L.P. grew its stake in shares of Omega Healthcare Investors by 115.9% during the third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust's stock valued at $1,424,000 after buying an additional 254,471 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on OHI. 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 for the company. BNP Paribas raised shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 target price on the stock in a research note on Thursday, October 31st. Mizuho increased their price target 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. 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 on the stock in a research report on Monday, December 9th. Finally, Royal Bank of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a research note on Monday, November 11th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $41.67.

Omega Healthcare Investors Stock Up 1.9 %

OHI traded up $0.73 on Wednesday, hitting $38.33. The company had a trading volume of 2,807,746 shares, compared to its average volume of 1,855,654. The stock has a fifty day simple moving average of $38.16 and a 200-day simple moving average of $39.08. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The firm has a market capitalization of $10.35 billion, a P/E ratio of 28.18, a P/E/G ratio of 1.08 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52-week low of $27.74 and a 52-week 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 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 8.83% and a net margin of 34.41%. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.72 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 6.99%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is presently 197.06%.

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.