Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 5.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 776,759 shares of the real estate investment trust's stock after acquiring an additional 42,454 shares during the quarter. Rhumbline Advisers owned 0.29% of Omega Healthcare Investors worth $29,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in OHI. Stonebridge Financial Group LLC purchased a new stake in shares of Omega Healthcare Investors in the 4th quarter worth about $26,000. Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors in the third quarter worth approximately $31,000. True Wealth Design LLC bought a new stake in shares of Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Grove Bank & Trust bought a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at $30,000. Finally, Kentucky Trust Co purchased a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded down $0.50 during midday trading on Friday, reaching $35.68. The company had a trading volume of 2,372,638 shares, compared to its average volume of 1,987,855. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a market capitalization of $10.05 billion, a P/E ratio of 23.02, a P/E/G ratio of 1.09 and a beta of 0.99. The firm's fifty day simple moving average is $37.45 and its 200-day simple moving average 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 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%. As a group, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of research reports. 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 report on Monday, December 9th. Mizuho upped their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. 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. Finally, Royal Bank of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $41.67.

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.