Stonebridge Financial Group LLC Buys Shares of 687 Omega Healthcare Investors, Inc. (NYSE:OHI)

Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 687 shares of the real estate investment trust’s stock, valued at approximately $26,000.

A number of other large investors also recently modified their holdings of the company. CWM LLC boosted its stake in shares of Omega Healthcare Investors by 234.3% during the third quarter. CWM LLC now owns 13,618 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 9,545 shares in the last quarter. Creative Planning boosted its position in Omega Healthcare Investors by 5.2% during the 3rd quarter. Creative Planning now owns 42,635 shares of the real estate investment trust’s stock worth $1,735,000 after buying an additional 2,104 shares during the period. Cornerstone Wealth Management LLC grew its holdings in Omega Healthcare Investors by 1.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 57,202 shares of the real estate investment trust’s stock worth $2,328,000 after acquiring an additional 675 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in Omega Healthcare Investors by 5.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,043 shares of the real estate investment trust’s stock valued at $1,955,000 after acquiring an additional 2,688 shares during the period. Finally, DiNuzzo Private Wealth Inc. bought a new position in shares of Omega Healthcare Investors during the third quarter valued at $33,000. 65.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

OHI has been the subject of a number of recent research reports. Mizuho increased their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a 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 objective for the company in a research report on Monday, December 9th. Berenberg Bank began coverage on Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 target price on the stock. BNP Paribas upgraded 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 research report on Thursday, October 31st. Finally, Royal Bank of Canada upped their price objective 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. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Trading Up 0.1 %

OHI opened at $36.40 on Friday. The company has a market cap of $9.83 billion, a P/E ratio of 23.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a fifty day moving average price of $37.74 and a two-hundred day moving average price of $39.07. The company has a current ratio of 7.07, a quick ratio of 6.48 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42.

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

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.36%. 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.