PFG Investments LLC Has $2.23 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

PFG Investments LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 56.7% in the 4th quarter, HoldingsChannel reports. The firm owned 58,792 shares of the real estate investment trust’s stock after acquiring an additional 21,268 shares during the period. PFG Investments LLC’s holdings in Omega Healthcare Investors were worth $2,225,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in OHI. UMB Bank n.a. grew its stake in Omega Healthcare Investors by 353.4% during the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 516 shares during the period. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors during the fourth quarter worth approximately $30,000. True Wealth Design LLC acquired a new stake in Omega Healthcare Investors during the third quarter worth approximately $31,000. Dunhill Financial LLC acquired a new stake in Omega Healthcare Investors during the third quarter worth approximately $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in Omega Healthcare Investors during the third quarter worth approximately $33,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $37.19 on Monday. The business’s fifty day simple moving average is $38.54 and its 200 day simple moving average is $38.94. The firm has a market capitalization of $10.04 billion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 12 month low of $27.53 and a 12 month high of $44.42. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.10.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Royal Bank of Canada increased their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Mizuho increased their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Wells Fargo & Company reiterated an “overweight” rating and issued a $43.00 price target (up previously from $40.00) on shares of Omega Healthcare Investors in a report on Tuesday, October 1st. Berenberg Bank assumed coverage on Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. Finally, BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $41.10.

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.