Omega Healthcare Investors, Inc. (NYSE:OHI) Position Increased by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,474 shares of the real estate investment trust’s stock after buying an additional 4,574 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Omega Healthcare Investors were worth $1,986,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of OHI. CWM LLC lifted its stake in 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 buying an additional 9,545 shares in the last quarter. Creative Planning lifted its stake in Omega Healthcare Investors by 5.2% during the third quarter. Creative Planning now owns 42,635 shares of the real estate investment trust’s stock valued at $1,735,000 after buying an additional 2,104 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Omega Healthcare Investors by 5.9% during the third 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 buying an additional 2,688 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in Omega Healthcare Investors by 49.5% during the third quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 323 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Omega Healthcare Investors by 438.7% during the third quarter. Blue Trust Inc. now owns 1,433 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 1,167 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on OHI shares. Mizuho upped their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Royal Bank of Canada upped their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. 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 report on Thursday, October 31st. Finally, BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Trading Up 0.1 %

NYSE:OHI opened at $36.40 on Monday. The stock’s 50 day moving average price is $37.68 and its 200 day moving average price is $39.11. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company has a market capitalization of $9.83 billion, a P/E ratio of 23.48, a P/E/G ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.48 and a current ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS 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%. On average, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be given 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 payout ratio is currently 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.