Asset Management One Co. Ltd. Acquires 17,087 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Asset Management One Co. Ltd. increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 490,327 shares of the real estate investment trust’s stock after buying an additional 17,087 shares during the quarter. Asset Management One Co. Ltd. owned about 0.18% of Omega Healthcare Investors worth $18,495,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth approximately $26,000. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors during the fourth quarter valued at approximately $30,000. True Wealth Design LLC bought a new position in Omega Healthcare Investors in the third quarter worth approximately $31,000. Dunhill Financial LLC purchased a new position in shares of Omega Healthcare Investors during the 3rd quarter worth $31,000. Finally, Kentucky Trust Co bought a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at $38,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

OHI has been the subject of a number of analyst reports. Mizuho upped their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a report on Monday, December 9th. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a report on Thursday, October 31st. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Royal Bank of Canada upped their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Up 0.1 %

Omega Healthcare Investors stock opened at $36.40 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48. The stock has a market capitalization of $9.83 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The business has a 50 day simple moving average of $37.68 and a 200-day simple moving average of $39.09. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating 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%. On average, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

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.