Omega Healthcare Investors' (OHI) Market Perform Rating Reiterated at JMP Securities

JMP Securities reissued their market perform rating on shares of Omega Healthcare Investors (NYSE:OHI - Free Report) in a research report report published on Friday morning,Benzinga reports.

Several other equities analysts also recently commented on OHI. BMO Capital Markets upgraded 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 report on Monday, December 9th. Royal Bank of Canada increased their price target on 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. Mizuho raised their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. BNP Paribas raised 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. Finally, Berenberg Bank began coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They set a "buy" rating and a $45.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $41.67.

Omega Healthcare Investors Price Performance

Shares of OHI stock traded down $0.98 on Friday, hitting $35.89. 1,180,981 shares of the company's stock were exchanged, compared to its average volume of 1,907,135. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48. Omega Healthcare Investors has a 12 month low of $29.66 and a 12 month high of $44.42. The stock has a market cap of $9.69 billion, a P/E ratio of 23.15, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a 50 day moving average of $37.95 and a 200 day moving average of $39.12.

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 EPS for the quarter, beating the consensus estimate 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 will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a dividend of $0.67 per share. The ex-dividend date is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.47%. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 172.90%.

Institutional Trading of Omega Healthcare Investors

A number of hedge funds have recently bought and sold shares of OHI. Stonebridge Financial Group LLC purchased a new stake in Omega Healthcare Investors in the fourth quarter worth $26,000. UMB Bank n.a. increased its position in Omega Healthcare Investors by 353.4% in the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust's stock worth $27,000 after buying an additional 516 shares during the last quarter. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors in the fourth quarter worth $30,000. True Wealth Design LLC purchased a new stake in Omega Healthcare Investors in the third quarter worth $31,000. Finally, Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors in the third quarter worth $31,000. 65.25% of the stock is currently owned by institutional investors.

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.