Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,934 shares of the real estate investment trust’s stock after acquiring an additional 543 shares during the period. Checchi Capital Advisers LLC’s holdings in Omega Healthcare Investors were worth $376,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in OHI. Denali Advisors LLC lifted its position in shares of Omega Healthcare Investors by 16.2% during the 4th quarter. Denali Advisors LLC now owns 45,518 shares of the real estate investment trust’s stock worth $1,723,000 after buying an additional 6,362 shares during the last quarter. NCP Inc. raised its position in Omega Healthcare Investors by 55.0% during the 4th quarter. NCP Inc. now owns 8,610 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 3,055 shares during the last quarter. Amalgamated Bank lifted its position in Omega Healthcare Investors by 4.7% in the fourth quarter. Amalgamated Bank now owns 128,097 shares of the real estate investment trust’s stock valued at $4,848,000 after purchasing an additional 5,696 shares during the period. Prasad Wealth Partners LLC acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at approximately $221,000. Finally, Portland Financial Advisors Inc acquired a new stake in Omega Healthcare Investors in the fourth quarter valued at $1,869,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

OHI has been the subject of several research reports. Royal Bank of Canada lifted 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. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research note on Thursday, October 31st. 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. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Mizuho raised their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. 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 a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Stock Up 0.6 %

Shares of Omega Healthcare Investors stock opened at $36.84 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42. The business has a 50-day moving average of $37.23 and a 200-day moving average of $39.02. The company has a market capitalization of $10.38 billion, a PE ratio of 23.77, a P/E/G ratio of 1.09 and a beta of 0.99.

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 (EPS) for the quarter, beating 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%. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.28%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 172.90%.

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.