Omega Healthcare Investors, Inc. (NYSE:OHI) Short Interest Update

Omega Healthcare Investors, Inc. (NYSE:OHI - Get Free Report) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 15,040,000 shares, an increase of 31.5% from the January 31st total of 11,440,000 shares. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is currently 7.7 days.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on OHI shares. 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 report on Monday, December 9th. Royal Bank of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a "sector perform" rating in a report on Monday, November 11th. Mizuho increased their price objective 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. Finally, JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors has an average rating of "Moderate Buy" and an average target price of $41.67.

Omega Healthcare Investors Stock Up 2.5 %

Shares of OHI traded up $0.88 during mid-day trading on Friday, reaching $36.87. 2,912,633 shares of the stock traded hands, compared to its average volume of 1,651,370. The firm has a market cap of $10.39 billion, a price-to-earnings ratio of 23.79, a P/E/G ratio of 1.09 and a beta of 1.00. The stock has a fifty day simple moving average of $37.11 and a 200 day simple moving average of $39.00. Omega Healthcare Investors has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

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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 earnings per share (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%. Sell-side analysts expect that Omega Healthcare Investors will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.27%. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Institutional Trading of Omega Healthcare Investors

Hedge funds have recently made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $26,000. Dunhill Financial LLC acquired a new stake in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. True Wealth Design LLC acquired a new stake in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. Grove Bank & Trust acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Finally, Kentucky Trust Co acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $38,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

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.