Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lessened its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 25.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,086 shares of the real estate investment trust’s stock after selling 1,378 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Omega Healthcare Investors were worth $155,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Victory Capital Management Inc. raised its stake in shares of Omega Healthcare Investors by 3.1% during the 2nd quarter. Victory Capital Management Inc. now owns 52,146 shares of the real estate investment trust’s stock worth $1,786,000 after buying an additional 1,552 shares during the period. Acadian Asset Management LLC purchased a new stake in Omega Healthcare Investors in the 2nd quarter worth $347,000. American Century Companies Inc. raised its position in Omega Healthcare Investors by 8.6% during the second quarter. American Century Companies Inc. now owns 91,362 shares of the real estate investment trust’s stock worth $3,129,000 after acquiring an additional 7,239 shares during the period. DekaBank Deutsche Girozentrale lifted its holdings in Omega Healthcare Investors by 86.1% during the second quarter. DekaBank Deutsche Girozentrale now owns 106,607 shares of the real estate investment trust’s stock valued at $3,552,000 after purchasing an additional 49,318 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Omega Healthcare Investors in the second quarter valued at about $238,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on OHI. Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a research note on Thursday, October 31st. Mizuho increased their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a report on Tuesday, October 1st. Finally, Royal Bank of Canada raised their price target on shares of 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 investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors has an average rating of “Moderate Buy” and an average price target of $41.10.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $37.86 on Friday. The stock has a market cap of $10.22 billion, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The firm has a 50 day simple moving average of $38.94 and a 200-day simple moving average of $38.76. Omega Healthcare Investors, Inc. has a 1-year low of $27.53 and a 1-year high of $44.42.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.68 annualized dividend and a yield of 7.08%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 197.06%.

Omega Healthcare Investors 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.