11,696 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,696 shares of the real estate investment trust's stock, valued at approximately $443,000.

A number of other hedge funds also recently added to or reduced their stakes in OHI. State Street Corp boosted its holdings in shares of Omega Healthcare Investors by 0.9% in the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust's stock valued at $502,228,000 after acquiring an additional 114,085 shares in the last quarter. Geode Capital Management LLC raised its position in Omega Healthcare Investors by 3.1% during the third 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 during the last quarter. FMR LLC grew its holdings in shares of Omega Healthcare Investors by 9.9% during the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust's stock worth $171,625,000 after buying an additional 380,626 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of Omega Healthcare Investors by 317.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust's stock worth $160,739,000 after buying an additional 3,003,845 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Omega Healthcare Investors by 6.7% in the third 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 period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Omega Healthcare Investors Stock Up 2.3 %

NYSE:OHI traded up $0.85 during trading hours on Friday, reaching $37.62. 2,371,515 shares of the stock were exchanged, compared to its average volume of 1,669,836. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. 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 firm has a 50 day moving average of $37.04 and a 200 day moving average of $38.95. The stock has a market cap of $10.60 billion, a PE ratio of 24.27, a PEG ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly 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%. On average, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on OHI shares. Wells Fargo & Company decreased their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Monday. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets raised 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. 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 analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $41.44.

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.