Cookson Peirce & Co. Inc. Acquires 14,883 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Cookson Peirce & Co. Inc. raised its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 4.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 368,127 shares of the real estate investment trust's stock after acquiring an additional 14,883 shares during the quarter. Cookson Peirce & Co. Inc. owned approximately 0.14% of Omega Healthcare Investors worth $13,934,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. State Street Corp grew its stake in shares of Omega Healthcare Investors by 0.9% during the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust's stock worth $502,228,000 after acquiring an additional 114,085 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of 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 acquiring an additional 192,465 shares in the last quarter. FMR LLC grew its stake 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 worth $171,625,000 after acquiring an additional 380,626 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Omega Healthcare Investors by 4.1% in the fourth 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 buying an additional 155,924 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in shares of Omega Healthcare Investors by 317.7% in 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 buying an additional 3,003,845 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

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Analyst Ratings Changes

Several equities analysts recently weighed in on OHI shares. BMO Capital Markets raised shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price for the company in a research note on Monday, December 9th. Royal Bank of Canada raised their target price 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. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Mizuho raised their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research note on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $41.67.

Omega Healthcare Investors Stock Performance

OHI stock traded up $0.88 during midday trading on Friday, reaching $36.87. 2,912,633 shares of the company were exchanged, compared to its average volume of 1,649,528. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The business has a 50-day moving average price of $37.11 and a two-hundred day moving average price of $38.99. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The firm has a market capitalization of $10.39 billion, a price-to-earnings ratio of 23.79, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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%. Equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 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.