Hager Investment Management Services LLC Purchases Shares of 47,431 Omega Healthcare Investors, Inc. (NYSE:OHI)

Hager Investment Management Services LLC purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 47,431 shares of the real estate investment trust’s stock, valued at approximately $1,795,000. Omega Healthcare Investors comprises approximately 1.1% of Hager Investment Management Services LLC’s holdings, making the stock its 28th largest position.

A number of other institutional investors have also recently made changes to their positions in OHI. Daiwa Securities Group Inc. boosted its holdings in Omega Healthcare Investors by 317.7% in the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after acquiring an additional 3,003,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Omega Healthcare Investors by 328.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after purchasing an additional 1,274,238 shares during the last quarter. FMR LLC raised its stake in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after purchasing an additional 380,626 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Omega Healthcare Investors by 441.4% in the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock worth $17,177,000 after purchasing an additional 350,570 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. raised its stake in shares of Omega Healthcare Investors by 115.9% in the third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock worth $1,424,000 after purchasing an additional 254,471 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $37.62 on Wednesday. Omega Healthcare Investors, Inc. has a 52 week low of $27.53 and a 52 week high of $44.42. The business has a 50-day simple moving average of $38.22 and a 200 day simple moving average of $39.06. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 1.08 and a beta of 0.99.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.12%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s payout ratio is 197.06%.

Analysts Set New Price Targets

Several brokerages have recently commented on OHI. Berenberg Bank assumed coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective for the company. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research report on Thursday, October 31st. Royal Bank of Canada increased their price target 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. BMO Capital Markets raised 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. Finally, 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. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

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.