Creative Financial Designs Inc. ADV trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,711 shares of the real estate investment trust’s stock after selling 382 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Omega Healthcare Investors were worth $178,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in OHI. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth approximately $26,000. Grove Bank & Trust acquired a new position in Omega Healthcare Investors in the 4th quarter valued at approximately $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors in the 3rd quarter valued at approximately $31,000. Dunhill Financial LLC acquired a new position in Omega Healthcare Investors in the 3rd quarter valued at approximately $31,000. Finally, Kentucky Trust Co acquired a new position in Omega Healthcare Investors in the 4th quarter valued at approximately $38,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
OHI has been the subject of several recent research reports. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Truist Financial upped their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday. Mizuho upped their price target on shares of 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, Wells Fargo & Company decreased their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Moderate Buy” and an average target price of $41.44.
Omega Healthcare Investors Trading Down 1.0 %
OHI opened at $37.81 on Thursday. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month 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 company has a fifty day moving average of $37.07 and a 200-day moving average of $38.91. The stock has a market cap of $10.66 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.
Omega Healthcare Investors Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.09%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is presently 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.
Recommended Stories
- Five stocks we like better than Omega Healthcare Investors
- 3 Best Fintech Stocks for a Portfolio Boost
- What GTC 2025 Signals for NVIDIA Stock’s Next Big Move
- What Investors Need to Know to Beat the Market
- Alphabet’s Officially In A Bear Market—Time To Buy?
- Where Do I Find 52-Week Highs and Lows?
- D-Wave and Quantum Supremacy: Implications For Investors
Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report).
Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.