Choreo LLC Has $2.63 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Choreo LLC trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,965 shares of the real estate investment trust’s stock after selling 1,954 shares during the period. Choreo LLC’s holdings in Omega Healthcare Investors were worth $2,631,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. State Street Corp lifted its position in shares of Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 3.1% during the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock worth $261,589,000 after purchasing an additional 192,465 shares in the last quarter. FMR LLC lifted its position in shares of Omega Healthcare Investors by 9.9% during the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after purchasing an additional 380,626 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Omega Healthcare Investors by 317.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after purchasing an additional 3,003,845 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Omega Healthcare Investors by 6.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,830,302 shares of the real estate investment trust’s stock worth $155,893,000 after purchasing an additional 240,006 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Down 0.6 %

Shares of NYSE:OHI opened at $38.07 on Friday. Omega Healthcare Investors, Inc. has a 52 week low of $27.74 and a 52 week high of $44.42. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. The company has a market capitalization of $10.28 billion, a PE ratio of 28.00, a PEG ratio of 1.08 and a beta of 0.99. The company has a 50 day moving average price of $38.11 and a two-hundred day moving average price of $39.07.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 34.41% and a return on equity of 8.83%. Analysts forecast that Omega Healthcare Investors, Inc. will post 2.72 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.04%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s payout ratio is presently 197.06%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Mizuho upped their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a report on Thursday, October 31st. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a report on Monday, December 9th. Royal Bank of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. Finally, Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective on the stock. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

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.