Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by PFG Advisors

PFG Advisors decreased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,127 shares of the real estate investment trust’s stock after selling 356 shares during the quarter. PFG Advisors’ holdings in Omega Healthcare Investors were worth $270,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Venturi Wealth Management LLC lifted its holdings in Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 286 shares during the period. Johnson Investment Counsel Inc. lifted its holdings in Omega Healthcare Investors by 2.3% in the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 295 shares during the period. US Bancorp DE lifted its holdings in Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 309 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Omega Healthcare Investors by 0.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock worth $2,075,000 after purchasing an additional 325 shares during the period. Finally, Natixis Advisors LLC lifted its holdings in Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after purchasing an additional 331 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

OHI has been the subject of several research analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Wells Fargo & Company cut their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, March 10th. BMO Capital Markets raised 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 report on Monday, December 9th. Finally, 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 report on Thursday, December 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.44.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $37.62 on Friday. The stock’s 50-day moving average price is $37.03 and its two-hundred day moving average price is $38.94. 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 company has a market cap of $10.60 billion, a PE ratio of 24.27, a PEG ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data 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 return on equity of 9.71% and a net margin of 38.65%. On average, analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.12%. Omega Healthcare Investors’s dividend payout ratio is 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.