Bartlett & CO. Wealth Management LLC Trims Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Bartlett & CO. Wealth Management LLC decreased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,100 shares of the real estate investment trust’s stock after selling 300 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Omega Healthcare Investors were worth $155,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Simon Quick Advisors LLC raised its stake in Omega Healthcare Investors by 1.6% during the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after purchasing an additional 350 shares during the period. UMB Bank n.a. raised its stake in Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 454 shares during the period. Community Bank of Raymore raised its stake in Omega Healthcare Investors by 15.8% during the fourth quarter. Community Bank of Raymore now owns 26,510 shares of the real estate investment trust’s stock worth $1,003,000 after purchasing an additional 3,615 shares during the period. Diversify Advisory Services LLC purchased a new position in Omega Healthcare Investors during the fourth quarter worth approximately $272,000. Finally, Grove Bank & Trust purchased a new position in Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent analyst reports. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. Mizuho increased their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Royal Bank of Canada raised their target price on shares of 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. Berenberg Bank started coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They issued a “buy” rating and a $45.00 target price on the stock. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Price Performance

OHI opened at $37.19 on Friday. The company has a fifty day simple moving average of $38.60 and a 200 day simple moving average of $38.88. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 1.08 and a beta of 0.99. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve 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.

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.