Wright Investors Service Inc. Sells 32,097 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Wright Investors Service Inc. lowered its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 48.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,187 shares of the real estate investment trust's stock after selling 32,097 shares during the quarter. Wright Investors Service Inc.'s holdings in Omega Healthcare Investors were worth $1,294,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OHI. Allworth Financial LP increased its stake in Omega Healthcare Investors by 12.0% in the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust's stock valued at $93,000 after purchasing an additional 244 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Omega Healthcare Investors by 29.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust's stock valued at $51,000 after buying an additional 286 shares during the period. NCP Inc. grew its stake in shares of Omega Healthcare Investors by 10.3% in the 2nd quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust's stock valued at $113,000 after buying an additional 310 shares during the period. V Square Quantitative Management LLC increased its position in Omega Healthcare Investors by 49.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust's stock valued at $40,000 after buying an additional 323 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust's stock worth $2,075,000 after buying an additional 325 shares during the period. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.5 %

OHI stock traded up $0.17 during trading on Tuesday, reaching $37.34. The stock had a trading volume of 1,312,545 shares, compared to its average volume of 1,599,665. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $10.08 billion, a price-to-earnings ratio of 27.46, a P/E/G ratio of 1.22 and a beta of 0.99. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $44.42. The company's 50 day moving average is $39.11 and its two-hundred day moving average is $38.75.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date was Monday, November 4th. Omega Healthcare Investors's payout ratio is 197.06%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. BMO Capital Markets raised Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective for the company in a research note on Monday, December 9th. Wells Fargo & Company restated an "overweight" rating and set a $43.00 price target (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. BNP Paribas upgraded shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price objective on the stock in a report on Thursday, October 31st. Royal Bank of Canada lifted 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. Finally, 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 report on Thursday, December 5th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of "Moderate Buy" and a consensus target price of $40.18.

Omega Healthcare Investors Company 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.