Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Edmp Inc.

Edmp Inc. lowered its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,391 shares of the real estate investment trust’s stock after selling 7,131 shares during the quarter. Omega Healthcare Investors comprises 4.3% of Edmp Inc.’s portfolio, making the stock its 5th largest holding. Edmp Inc.’s holdings in Omega Healthcare Investors were worth $4,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OHI. Daiwa Securities Group Inc. boosted its stake in Omega Healthcare Investors by 317.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after purchasing an additional 3,003,845 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Omega Healthcare Investors by 328.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after buying an additional 1,274,238 shares during the last quarter. FMR LLC boosted its position in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after acquiring an additional 380,626 shares during the period. Franklin Resources Inc. boosted its position in shares of Omega Healthcare Investors by 441.4% in the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after acquiring an additional 350,570 shares during the period. Finally, Parallax Volatility Advisers L.P. grew its stake in shares of Omega Healthcare Investors by 115.9% in the third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock worth $1,424,000 after acquiring an additional 254,471 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on OHI. Berenberg Bank began coverage on Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target for the company. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday. Mizuho upped 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 report on Thursday, December 5th. 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. Finally, BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price on the stock in a research note on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $36.88 on Tuesday. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The firm’s 50 day moving average is $38.00 and its 200-day moving average is $39.11. The company has a market capitalization of $9.96 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly 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 return on equity of 9.71% and a net margin of 38.65%. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be paid a dividend of $0.67 per share. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.27%. Omega Healthcare Investors’s dividend payout ratio 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.