Pathway Financial Advisers LLC Increases Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Pathway Financial Advisers LLC boosted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.5% during the 4th quarter, HoldingsChannel reports. The firm owned 88,955 shares of the real estate investment trust’s stock after buying an additional 483 shares during the period. Omega Healthcare Investors comprises about 1.1% of Pathway Financial Advisers LLC’s investment portfolio, making the stock its 28th largest holding. Pathway Financial Advisers LLC’s holdings in Omega Healthcare Investors were worth $3,367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth $26,000. UMB Bank n.a. grew its holdings in Omega Healthcare Investors by 353.4% during the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 516 shares in the last quarter. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the 4th quarter worth about $30,000. True Wealth Design LLC purchased a new position in Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Finally, Dunhill Financial LLC bought a new position in Omega Healthcare Investors in the third quarter worth approximately $31,000. 65.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OHI has been the subject of several 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 for the company in a research report on Monday, December 9th. BNP Paribas upgraded 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. Royal Bank of Canada increased 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. Berenberg Bank started coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 price target on the stock. Finally, Mizuho lifted 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 note on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $35.74 on Thursday. 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 52 week low of $29.66 and a 52 week high of $44.42. The business’s 50 day moving average price is $37.88 and its 200 day moving average price is $39.11. The firm has a market cap of $9.65 billion, a P/E ratio of 23.06, a P/E/G ratio of 1.11 and a beta of 0.99.

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

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be issued a $0.67 dividend. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.50%. 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.