QRG Capital Management Inc. Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

QRG Capital Management Inc. grew its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,158 shares of the real estate investment trust’s stock after purchasing an additional 4,819 shares during the period. QRG Capital Management Inc.’s holdings in Omega Healthcare Investors were worth $2,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Stonebridge Financial Group LLC purchased a new stake in Omega Healthcare Investors in the 4th quarter valued at $26,000. Grove Bank & Trust purchased a new position in shares of Omega Healthcare Investors during the 4th quarter worth $30,000. True Wealth Design LLC acquired a new position in shares of Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Dunhill Financial LLC purchased a new stake in shares of Omega Healthcare Investors in the third quarter valued at about $31,000. Finally, Kentucky Trust Co acquired a new stake in Omega Healthcare Investors during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Ratings Changes

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

Omega Healthcare Investors Trading Up 0.1 %

OHI opened at $36.87 on Friday. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business has a fifty day simple moving average of $37.21 and a 200-day simple moving average of $39.02. The firm has a market cap of $10.39 billion, a P/E ratio of 23.79, a P/E/G ratio of 1.09 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating 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, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.27%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 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.