Teamwork Financial Advisors LLC Takes $667,000 Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Teamwork Financial Advisors LLC acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,618 shares of the real estate investment trust’s stock, valued at approximately $667,000.

A number of other hedge funds have also recently added to or reduced their stakes in OHI. UMB Bank n.a. boosted its position in Omega Healthcare Investors by 353.4% during the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 516 shares during the period. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter valued at $31,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors during the third quarter worth about $31,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Omega Healthcare Investors in the 3rd quarter worth about $33,000. Finally, Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 1.9 %

Shares of NYSE:OHI opened at $36.96 on Thursday. Omega Healthcare Investors, Inc. has a 1-year low of $27.53 and a 1-year high of $44.42. The stock has a market capitalization of $9.98 billion, a price-to-earnings ratio of 27.18, a PEG ratio of 1.10 and a beta of 0.99. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. The company has a 50 day moving average price of $38.71 and a 200 day moving average price of $38.91.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date of this dividend was Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio is presently 197.06%.

Analyst Upgrades and Downgrades

Several analysts recently commented on OHI shares. Berenberg Bank initiated coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 target price on the stock. BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Mizuho raised their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Royal Bank of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $43.00 price objective (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and a consensus price target of $41.10.

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.