Burns Matteson Capital Management LLC cut its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94,138 shares of the real estate investment trust’s stock after selling 1,572 shares during the quarter. Omega Healthcare Investors comprises about 1.7% of Burns Matteson Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Burns Matteson Capital Management LLC’s holdings in Omega Healthcare Investors were worth $3,563,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Daiwa Securities Group Inc. increased its stake in Omega Healthcare Investors by 317.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after purchasing an additional 3,003,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Omega Healthcare Investors by 328.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after buying an additional 1,274,238 shares during the period. FMR LLC increased its position in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after acquiring an additional 380,626 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Omega Healthcare Investors by 441.4% during the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after acquiring an additional 350,570 shares during the period. Finally, Parallax Volatility Advisers L.P. lifted its position in shares of Omega Healthcare Investors by 115.9% in the 3rd quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock valued at $1,424,000 after acquiring an additional 254,471 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several analysts have issued reports on OHI shares. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday. 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 report on Thursday, December 5th. Berenberg Bank assumed coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Royal Bank of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.
Omega Healthcare Investors Stock Performance
OHI stock opened at $37.94 on Monday. The firm has a 50 day moving average of $38.00 and a two-hundred day moving average of $39.09. Omega Healthcare Investors, Inc. has a 12 month low of $29.17 and a 12 month high of $44.42. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 24.48, a P/E/G ratio of 1.11 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping 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, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.
Omega Healthcare Investors Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.06%. Omega Healthcare Investors’s payout ratio is presently 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.
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