Denali Advisors LLC Buys 6,362 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Denali Advisors LLC lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 16.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 45,518 shares of the real estate investment trust’s stock after buying an additional 6,362 shares during the quarter. Denali Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,723,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blue Trust Inc. boosted its stake in Omega Healthcare Investors by 438.7% in the 3rd quarter. Blue Trust Inc. now owns 1,433 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 1,167 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Omega Healthcare Investors by 6.3% during the third quarter. Private Advisor Group LLC now owns 27,971 shares of the real estate investment trust’s stock worth $1,138,000 after buying an additional 1,662 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Omega Healthcare Investors by 3,613.2% in the third quarter. International Assets Investment Management LLC now owns 157,552 shares of the real estate investment trust’s stock valued at $6,412,000 after acquiring an additional 153,309 shares during the period. Allworth Financial LP grew its stake in shares of Omega Healthcare Investors by 12.0% in the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock valued at $93,000 after acquiring an additional 244 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Omega Healthcare Investors by 25.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,341 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 2,526 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several analyst reports. 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 for the company in a research note on Monday, December 9th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Royal Bank of Canada boosted their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Finally, Mizuho upped their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Down 1.4 %

NYSE OHI opened at $36.62 on Thursday. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The business has a fifty day moving average price of $37.25 and a two-hundred day moving average price of $39.03. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The stock has a market capitalization of $10.32 billion, a PE ratio of 23.62, a PEG ratio of 1.09 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.32%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

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.