Metis Global Partners LLC Acquires 3,017 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Metis Global Partners LLC raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,557 shares of the real estate investment trust’s stock after buying an additional 3,017 shares during the period. Metis Global Partners LLC’s holdings in Omega Healthcare Investors were worth $1,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the fourth quarter valued at approximately $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. Finally, Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $38,000. Institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on OHI shares. Mizuho increased their target price 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 reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research note on Monday, December 9th. Finally, Royal Bank of Canada increased their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $37.61 on Tuesday. The stock’s fifty day moving average price is $37.20 and its two-hundred day moving average price is $39.03. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The firm has a market cap of $10.60 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating 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%. As a group, research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS 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. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is presently 172.90%.

About Omega Healthcare Investors

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.