Handelsbanken Fonder AB Acquires 7,800 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Handelsbanken Fonder AB raised its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,713 shares of the real estate investment trust’s stock after acquiring an additional 7,800 shares during the quarter. Handelsbanken Fonder AB’s holdings in Omega Healthcare Investors were worth $2,752,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Plan Group Financial LLC raised its holdings in Omega Healthcare Investors by 12.3% during the fourth quarter. Plan Group Financial LLC now owns 25,996 shares of the real estate investment trust’s stock valued at $984,000 after acquiring an additional 2,838 shares during the period. New York State Common Retirement Fund raised its holdings in Omega Healthcare Investors by 1.6% during the fourth quarter. New York State Common Retirement Fund now owns 190,782 shares of the real estate investment trust’s stock valued at $7,221,000 after acquiring an additional 3,000 shares during the period. Kestra Investment Management LLC raised its holdings in Omega Healthcare Investors by 47.3% during the fourth quarter. Kestra Investment Management LLC now owns 24,972 shares of the real estate investment trust’s stock valued at $945,000 after acquiring an additional 8,021 shares during the period. Atria Wealth Solutions Inc. raised its holdings in Omega Healthcare Investors by 15.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 62,053 shares of the real estate investment trust’s stock valued at $2,349,000 after acquiring an additional 8,416 shares during the period. Finally, Venturi Wealth Management LLC raised its holdings in Omega Healthcare Investors by 55.7% during the fourth quarter. Venturi Wealth Management LLC now owns 1,960 shares of the real estate investment trust’s stock valued at $74,000 after acquiring an additional 701 shares during the period. 65.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OHI has been the topic of several research reports. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Mizuho upped their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a research report on Thursday, October 31st. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. Finally, Royal Bank of Canada upped their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Stock Up 0.6 %

OHI stock opened at $35.92 on Tuesday. The company has a market cap of $10.12 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.09 and a beta of 0.99. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The firm has a 50-day moving average of $37.38 and a two-hundred day moving average of $39.06.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. As a group, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.46%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

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.