Plan Group Financial LLC Has $984,000 Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Plan Group Financial LLC increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,996 shares of the real estate investment trust’s stock after purchasing an additional 2,838 shares during the period. Plan Group Financial LLC’s holdings in Omega Healthcare Investors were worth $984,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors during the 4th quarter valued at about $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors in the 4th quarter worth approximately $30,000. True Wealth Design LLC bought a new stake in Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. Dunhill Financial LLC acquired a new stake in Omega Healthcare Investors during the 3rd quarter valued at $31,000. Finally, Kentucky Trust Co bought a new position in Omega Healthcare Investors in the 4th quarter valued at $38,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $36.04 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The firm has a 50-day moving average of $37.63 and a 200-day moving average of $39.10. The company has a market cap of $10.16 billion, a PE ratio of 23.25, a price-to-earnings-growth ratio of 1.10 and a beta of 0.99. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating 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%. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.44%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 172.90%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Royal Bank of Canada upped their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a research note on Thursday, October 31st. 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 research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

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.