Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by AGF Management Ltd.

AGF Management Ltd. cut its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 18.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 64,796 shares of the real estate investment trust’s stock after selling 14,480 shares during the quarter. AGF Management Ltd.’s holdings in Omega Healthcare Investors were worth $2,453,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of OHI. Geode Capital Management LLC grew its holdings in Omega Healthcare Investors by 3.1% during 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 acquiring an additional 192,465 shares during the period. State Street Corp grew 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 purchasing an additional 114,085 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Omega Healthcare Investors by 2.9% in the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust’s stock worth $46,401,000 after purchasing an additional 34,463 shares in the last quarter. Tallon Kerry Patrick bought a new stake in shares of Omega Healthcare Investors in the 4th quarter worth approximately $1,250,000. Finally, BNP Paribas Financial Markets lifted its stake in Omega Healthcare Investors by 120.8% during the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after purchasing an additional 123,836 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.3 %

NYSE:OHI opened at $36.70 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42. The firm has a market capitalization of $10.34 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 1.09 and a beta of 1.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The business’s fifty day moving average price is $37.04 and its 200 day moving average price is $38.95.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.30%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the topic of several recent research reports. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company decreased their target price on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a report on Monday. Mizuho increased their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Finally, 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. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and an average target price of $41.44.

About Omega Healthcare Investors

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.