Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,214 shares of the real estate investment trust’s stock after purchasing an additional 2,294 shares during the period. Concurrent Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,106,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in OHI. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the fourth quarter worth $26,000. Grove Bank & Trust acquired a new position in Omega Healthcare Investors during the fourth quarter worth $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the third quarter worth $31,000. Dunhill Financial LLC acquired a new position in Omega Healthcare Investors during the third quarter worth $31,000. Finally, Kentucky Trust Co acquired a new position in Omega Healthcare Investors during the fourth quarter worth $38,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on OHI shares. Mizuho upped their price target on 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 restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Royal Bank of Canada increased their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, BMO Capital Markets upgraded 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 note on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Stock Performance

NYSE:OHI opened at $35.68 on Friday. The firm has a market capitalization of $10.05 billion, a PE ratio of 23.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. The business’s fifty day moving average price is $37.38 and its 200 day moving average price is $39.04. 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.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS 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%. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

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.