State of Alaska Department of Revenue Purchases 10,897 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

State of Alaska Department of Revenue increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,889 shares of the real estate investment trust's stock after buying an additional 10,897 shares during the period. State of Alaska Department of Revenue owned about 0.06% of Omega Healthcare Investors worth $6,088,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. boosted its position in shares of Omega Healthcare Investors by 353.4% in the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 516 shares in the last quarter. Grove Bank & Trust acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter worth approximately $30,000. True Wealth Design LLC acquired a new position in shares of Omega Healthcare Investors in the third quarter worth about $31,000. Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors in the 3rd quarter worth $31,000. Finally, DiNuzzo Private Wealth Inc. purchased a new stake in shares of Omega Healthcare Investors during the third quarter worth about $33,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Down 2.3 %

Shares of Omega Healthcare Investors stock traded down $0.84 on Tuesday, hitting $36.03. 2,436,449 shares of the company's stock traded hands, compared to its average volume of 1,956,880. The firm's 50-day moving average is $37.95 and its 200 day moving average is $39.12. The stock has a market cap of $9.73 billion, a P/E ratio of 23.25, a PEG ratio of 1.11 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly 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 analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.44%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Mizuho boosted their price target 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. Berenberg Bank started coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They set a "buy" rating and a $45.00 price objective for the company. Royal Bank of Canada upped 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 report on Monday, November 11th. BMO Capital Markets upgraded Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Finally, BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price objective for the company in a report on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock 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.