Omega Healthcare Investors, Inc. (NYSE:OHI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have received a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $40.18.

A number of brokerages have commented on OHI. Royal Bank of Canada raised their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a report on Thursday, October 31st. Berenberg Bank started coverage on shares of Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Finally, Mizuho upped 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.

Institutional Trading of Omega Healthcare Investors

A number of hedge funds and other institutional investors have recently made changes to their positions in OHI. Allworth Financial LP lifted 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 worth $93,000 after buying an additional 244 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of Omega Healthcare Investors by 29.4% during the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 286 shares during the last quarter. NCP Inc. lifted its stake in shares of Omega Healthcare Investors by 10.3% during the second quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 310 shares during the period. V Square Quantitative Management LLC boosted its holdings in Omega Healthcare Investors by 49.5% in the third 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, Natixis Advisors LLC raised its holdings in Omega Healthcare Investors by 1.1% during the 3rd 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 last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Up 0.1 %

NYSE OHI opened at $37.87 on Friday. Omega Healthcare Investors has a twelve month low of $27.53 and a twelve month high of $44.42. The stock has a market cap of $10.22 billion, a PE ratio of 27.85, a PEG ratio of 1.22 and a beta of 0.98. The firm has a 50-day simple moving average of $39.69 and a 200 day simple moving average of $38.46. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.08%. The ex-dividend date of this dividend was Monday, November 4th. Omega Healthcare Investors’s payout ratio is currently 197.06%.

About Omega Healthcare Investors

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.