Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Holdings Increased by Mutual Advisors LLC

Mutual Advisors LLC raised its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHIGet Rating) by 32.6% during the 4th quarter, Holdings Channel reports. The fund owned 117,046 shares of the real estate investment trust’s stock after purchasing an additional 28,774 shares during the period. Mutual Advisors LLC’s holdings in Omega Healthcare Investors were worth $3,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the company. Key Financial Inc purchased a new position in shares of Omega Healthcare Investors during the fourth quarter valued at $27,000. Widmann Financial Services Inc. acquired a new stake in Omega Healthcare Investors during the fourth quarter valued at $27,000. Curi Wealth Management LLC acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter worth about $29,000. Fieldpoint Private Securities LLC lifted its position in shares of Omega Healthcare Investors by 40.6% in the third quarter. Fieldpoint Private Securities LLC now owns 1,218 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 352 shares during the last quarter. Finally, Wealth Quarterback LLC lifted its position in shares of Omega Healthcare Investors by 782.6% in the third quarter. Wealth Quarterback LLC now owns 1,271 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 1,127 shares during the last quarter. Institutional investors own 65.91% of the company’s stock.

A number of analysts have weighed in on OHI shares. Mizuho reduced their price target on Omega Healthcare Investors from $34.00 to $32.00 in a research report on Thursday, February 10th. Raymond James cut their price objective on Omega Healthcare Investors from $35.00 to $33.00 and set an “outperform” rating for the company in a research report on Friday, March 18th. Credit Suisse Group cut their price objective on Omega Healthcare Investors from $31.00 to $28.00 and set a “neutral” rating for the company in a research report on Tuesday, February 8th. Zacks Investment Research cut Omega Healthcare Investors from a “hold” rating to a “sell” rating in a research report on Wednesday, March 23rd. Finally, StockNews.com began coverage on Omega Healthcare Investors in a research note on Thursday, March 31st. They set a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $34.70.

Shares of OHI stock traded up $0.21 during trading hours on Wednesday, reaching $29.39. The company had a trading volume of 19,740 shares, compared to its average volume of 3,064,827. The company has a debt-to-equity ratio of 1.36, a current ratio of 5.18 and a quick ratio of 5.18. Omega Healthcare Investors, Inc. has a 1-year low of $24.81 and a 1-year high of $38.20. The company has a 50 day moving average of $28.60 and a 200 day moving average of $28.87. The firm has a market cap of $6.91 billion, a price-to-earnings ratio of 15.60, a P/E/G ratio of 6.43 and a beta of 1.01.

Omega Healthcare Investors (NYSE:OHIGet Rating) last released its quarterly earnings data on Monday, May 2nd. The real estate investment trust reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. Omega Healthcare Investors had a net margin of 42.99% and a return on equity of 10.70%. During the same period in the previous year, the company posted $0.85 earnings per share. As a group, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.75 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 13th. Shareholders of record on Monday, May 2nd were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 9.12%. The ex-dividend date of this dividend was Friday, April 29th. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.18. Omega Healthcare Investors’s dividend payout ratio is 143.32%.

About Omega Healthcare Investors (Get Rating)

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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