Cornerstone Wealth Management LLC Has $2.21 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Cornerstone Wealth Management LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,283 shares of the real estate investment trust’s stock after purchasing an additional 1,081 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Omega Healthcare Investors were worth $2,206,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in OHI. State Street Corp grew its stake in Omega Healthcare Investors by 0.9% in the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Omega Healthcare Investors by 3.1% in the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after buying an additional 192,465 shares in the last quarter. FMR LLC grew its stake 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 buying an additional 380,626 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Omega Healthcare Investors by 317.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after buying an additional 3,003,845 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Omega Healthcare Investors by 6.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,830,302 shares of the real estate investment trust’s stock worth $155,893,000 after acquiring an additional 240,006 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on OHI shares. BMO Capital Markets raised 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 report on Monday, December 9th. 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 report on Thursday, October 31st. Berenberg Bank initiated coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. Mizuho lifted their price objective 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. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $43.00 price objective (up from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Moderate Buy” and a consensus price target of $41.10.

Omega Healthcare Investors Stock Up 0.4 %

Omega Healthcare Investors stock opened at $37.09 on Friday. The firm has a market capitalization of $10.01 billion, a price-to-earnings ratio of 27.27, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. 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, Inc. has a 1-year low of $27.53 and a 1-year high of $44.42. The firm’s fifty day moving average price is $38.65 and its two-hundred day moving average price is $38.89.

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.