Machina Capital S.A.S. acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 7,079 shares of the real estate investment trust's stock, valued at approximately $268,000.
A number of other large investors have also recently added to or reduced their stakes in the business. State Street Corp increased its position in 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 worth $502,228,000 after buying an additional 114,085 shares in the last quarter. Geode Capital Management LLC increased its position 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 worth $261,589,000 after purchasing an additional 192,465 shares in the last quarter. FMR LLC raised its stake in Omega Healthcare Investors by 9.9% in 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. Charles Schwab Investment Management Inc. raised its stake in Omega Healthcare Investors by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,986,226 shares of the real estate investment trust's stock valued at $150,879,000 after purchasing an additional 155,924 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Omega Healthcare Investors by 317.7% in the 3rd 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 purchasing an additional 3,003,845 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
OHI has been the subject of a number of recent research reports. Mizuho lifted their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Wells Fargo & Company cut their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating on the stock in a research note on Monday. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. 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 target on the stock in a report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of "Moderate Buy" and an average target price of $41.44.
View Our Latest Research Report on OHI
Omega Healthcare Investors Stock Up 0.3 %
Shares of OHI traded up $0.12 during midday trading on Thursday, hitting $36.70. The company had a trading volume of 2,307,270 shares, compared to its average volume of 1,668,538. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 1.09 and a beta of 1.00. The company's 50 day moving average price is $37.07 and its 200 day moving average price is $38.97. 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 52 week low of $29.66 and a 52 week high of $44.42.
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 EPS for the quarter, topping analysts' consensus estimates 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, equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.
Omega Healthcare Investors Announces Dividend
The company also recently declared 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 annualized dividend and a dividend yield of 7.30%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.
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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