Zurcher Kantonalbank Zurich Cantonalbank Has $6.64 Million Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 52.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,475 shares of the real estate investment trust's stock after acquiring an additional 60,422 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.07% of Omega Healthcare Investors worth $6,642,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new stake in Omega Healthcare Investors during the 4th quarter worth about $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth about $30,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $31,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $31,000. Finally, Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth about $38,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $36.70 on Friday. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company's 50 day moving average price is $37.04 and its two-hundred day moving average price is $38.95. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market cap of $10.34 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00.

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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, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, equities analysts predict 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 announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.30%. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating on the stock in a research report on Monday. Mizuho increased their price objective 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. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, 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 research report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $41.44.

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.

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