Schroder Investment Management Group raised its holdings in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,391 shares of the real estate investment trust’s stock after purchasing an additional 4,757 shares during the period. Schroder Investment Management Group’s holdings in Omega Healthcare Investors were worth $920,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in OHI. Schwab Charles Investment Management Inc. increased its stake in Omega Healthcare Investors by 6.6% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 872,421 shares of the real estate investment trust’s stock worth $27,839,000 after purchasing an additional 54,052 shares in the last quarter. Weaver C. Barksdale & Associates Inc. grew its stake in shares of Omega Healthcare Investors by 77.2% during the 4th quarter. Weaver C. Barksdale & Associates Inc. now owns 52,210 shares of the real estate investment trust’s stock worth $1,438,000 after acquiring an additional 22,743 shares in the last quarter. California Public Employees Retirement System grew its stake in shares of Omega Healthcare Investors by 5.4% during the 3rd quarter. California Public Employees Retirement System now owns 389,557 shares of the real estate investment trust’s stock worth $12,431,000 after acquiring an additional 19,876 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth approximately $277,000. Finally, Legal & General Group Plc grew its stake in shares of Omega Healthcare Investors by 12.6% during the 3rd quarter. Legal & General Group Plc now owns 703,210 shares of the real estate investment trust’s stock worth $22,439,000 after acquiring an additional 78,704 shares in the last quarter. Institutional investors own 73.86% of the company’s stock.
Omega Healthcare Investors Inc (NYSE:OHI) traded down $0.07 during trading hours on Wednesday, hitting $27.23. The stock had a trading volume of 1,023,565 shares, compared to its average volume of 2,497,593. The company has a debt-to-equity ratio of 1.18, a quick ratio of 3.55 and a current ratio of 3.55. The company has a market capitalization of $5,400.00, a PE ratio of 59.22, a P/E/G ratio of 3.12 and a beta of 0.46. Omega Healthcare Investors Inc has a 52 week low of $24.90 and a 52 week high of $35.14.
Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Tuesday, February 13th. The real estate investment trust reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.18). Omega Healthcare Investors had a return on equity of 2.48% and a net margin of 11.06%. The company had revenue of $221.21 million during the quarter, compared to analyst estimates of $219.07 million. equities analysts forecast that Omega Healthcare Investors Inc will post 2.94 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were paid a $0.66 dividend. The ex-dividend date was Tuesday, January 30th. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.65. This represents a $2.64 annualized dividend and a yield of 9.70%. Omega Healthcare Investors’s payout ratio is 573.91%.
In other Omega Healthcare Investors news, Director Bernard J. Korman purchased 100,000 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were purchased at an average cost of $26.89 per share, with a total value of $2,689,000.00. Following the completion of the purchase, the director now owns 896,895 shares in the company, valued at $24,117,506.55. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.54% of the stock is currently owned by insiders.
OHI has been the subject of several analyst reports. Zacks Investment Research cut shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. ValuEngine downgraded Omega Healthcare Investors from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Cantor Fitzgerald assumed coverage on Omega Healthcare Investors in a report on Wednesday, December 20th. They set an “overweight” rating and a $34.00 target price for the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $27.00 price target (down previously from $29.00) on shares of Omega Healthcare Investors in a research note on Wednesday, February 14th. Finally, Jefferies Group reaffirmed an “underperform” rating on shares of Omega Healthcare Investors in a research note on Thursday, December 21st. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $31.37.
About Omega Healthcare Investors
Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
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