IFP Advisors Inc Raises Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

IFP Advisors Inc boosted its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 4,919.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 86,640 shares of the real estate investment trust's stock after purchasing an additional 84,914 shares during the quarter. IFP Advisors Inc's holdings in Omega Healthcare Investors were worth $3,279,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Rainey & Randall Wealth Advisors Inc. raised its stake in shares of Omega Healthcare Investors by 1.1% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 179,004 shares of the real estate investment trust's stock worth $6,775,000 after acquiring an additional 2,026 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in Omega Healthcare Investors by 8.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 29,214 shares of the real estate investment trust's stock worth $1,106,000 after purchasing an additional 2,294 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of Omega Healthcare Investors by 12.0% during the fourth quarter. Handelsbanken Fonder AB now owns 72,713 shares of the real estate investment trust's stock worth $2,752,000 after purchasing an additional 7,800 shares in the last quarter. Plan Group Financial LLC lifted its holdings in shares of Omega Healthcare Investors by 12.3% during the 4th quarter. Plan Group Financial LLC now owns 25,996 shares of the real estate investment trust's stock valued at $984,000 after purchasing an additional 2,838 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of Omega Healthcare Investors by 1.6% in the 4th quarter. New York State Common Retirement Fund now owns 190,782 shares of the real estate investment trust's stock worth $7,221,000 after purchasing an additional 3,000 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Mizuho increased their price objective 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. BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 target price for the company in a research note on Thursday, October 31st. 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 research note on Monday, December 9th. Finally, Royal Bank of Canada lifted 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 research note on Monday, November 11th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $41.67.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock traded up $0.03 during trading on Friday, hitting $36.87. 3,265,146 shares of the company's stock were exchanged, compared to its average volume of 2,011,840. The stock has a market capitalization of $10.39 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 1.09 and a beta of 0.99. The business has a 50-day simple moving average of $37.23 and a 200-day simple moving average of $39.02. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

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, 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, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

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

Omega Healthcare Investors 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.