GoalVest Advisory LLC lessened its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 0.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 33,895 shares of the real estate investment trust’s stock after selling 319 shares during the period. GoalVest Advisory LLC’s holdings in Omega Healthcare Investors were worth $1,283,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Allworth Financial LP grew its holdings in Omega Healthcare Investors by 12.0% during the 3rd quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock valued at $93,000 after buying an additional 244 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Omega Healthcare Investors by 29.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 286 shares in the last quarter. NCP Inc. increased its stake in Omega Healthcare Investors by 10.3% in the 2nd quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 310 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 323 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 valued at $2,075,000 after purchasing an additional 325 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research note on Thursday, October 31st. Royal Bank of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. Berenberg Bank assumed coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 target price on the stock. Mizuho increased their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $43.00 price target (up from $40.00) on shares of Omega Healthcare Investors in a report on Tuesday, October 1st. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $41.10.
Omega Healthcare Investors Stock Down 1.9 %
Omega Healthcare Investors stock opened at $36.96 on Thursday. The firm has a market cap of $9.98 billion, a P/E ratio of 27.18, a P/E/G ratio of 1.10 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $44.42. The business has a fifty day moving average of $38.71 and a two-hundred day moving average of $38.91.
Omega Healthcare Investors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were issued a $0.67 dividend. The ex-dividend date was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a yield of 7.25%. Omega Healthcare Investors’s dividend payout ratio is presently 197.06%.
Omega Healthcare Investors 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.
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