Center For Asset Management LLC Increases Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Center For Asset Management LLC increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 11,474 shares of the real estate investment trust’s stock after purchasing an additional 353 shares during the quarter. Center For Asset Management LLC’s holdings in Omega Healthcare Investors were worth $434,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of Omega Healthcare Investors by 0.9% in the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after buying an additional 114,085 shares during the last quarter. Geode Capital Management LLC boosted its position in 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 worth $261,589,000 after purchasing an additional 192,465 shares during the last quarter. FMR LLC increased its position in shares of Omega Healthcare Investors by 9.9% during the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after purchasing an additional 380,626 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of 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 worth $160,739,000 after purchasing an additional 3,003,845 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Omega Healthcare Investors by 6.7% in the 3rd 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 buying an additional 240,006 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

OHI has been the topic of several research reports. 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. Berenberg Bank started coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Wells Fargo & Company restated an “overweight” rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Royal Bank of Canada increased their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Finally, BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Stock Up 0.3 %

OHI stock opened at $37.19 on Monday. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $44.42. The firm has a market capitalization of $10.04 billion, a PE ratio of 27.34, a PEG ratio of 1.08 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The stock has a 50-day simple moving average of $38.54 and a two-hundred day simple moving average of $38.94.

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.