New York State Teachers Retirement System Acquires 28,005 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

New York State Teachers Retirement System lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 314,564 shares of the real estate investment trust's stock after purchasing an additional 28,005 shares during the period. New York State Teachers Retirement System owned 0.12% of Omega Healthcare Investors worth $11,906,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in OHI. State Street Corp increased its holdings 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 during the last quarter. Geode Capital Management LLC grew its position in shares of Omega Healthcare Investors by 3.1% in the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust's stock valued at $261,589,000 after acquiring an additional 192,465 shares during the period. FMR LLC increased 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 purchasing an additional 380,626 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of 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 during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Omega Healthcare Investors by 6.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,830,302 shares of the real estate investment trust's stock valued at $155,893,000 after purchasing an additional 240,006 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Shares of OHI stock traded down $0.50 during trading on Friday, hitting $35.68. The company had a trading volume of 2,372,638 shares, compared to its average volume of 1,987,860. The firm has a market capitalization of $10.05 billion, a P/E ratio of 23.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year 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. The stock's 50-day moving average price is $37.45 and its 200 day moving average price is $39.05.

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 earnings per share for the quarter, beating 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 analysts expect that Omega Healthcare Investors, Inc. 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. Shareholders of record on Monday, February 10th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.51%. Omega Healthcare Investors's payout ratio is 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent analyst reports. BMO Capital Markets raised 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 report on Monday, December 9th. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Mizuho lifted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research report on Thursday, December 5th. Royal Bank of Canada upped their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a research report on Monday, November 11th. Finally, BNP Paribas upgraded 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. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors has a consensus rating of "Moderate Buy" and a consensus price target of $41.67.

About Omega Healthcare Investors

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.