New Mexico Educational Retirement Board Acquires 4,574 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

New Mexico Educational Retirement Board grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.5% in the 4th quarter, Holdings Channel reports. The fund owned 52,474 shares of the real estate investment trust’s stock after purchasing an additional 4,574 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Omega Healthcare Investors were worth $1,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. New York State Teachers Retirement System boosted its position in shares of Omega Healthcare Investors by 9.8% in the fourth quarter. New York State Teachers Retirement System now owns 314,564 shares of the real estate investment trust’s stock valued at $11,906,000 after acquiring an additional 28,005 shares during the period. V Square Quantitative Management LLC boosted its position in shares of Omega Healthcare Investors by 44.5% in the fourth quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 434 shares during the period. Asset Management One Co. Ltd. boosted its position in shares of Omega Healthcare Investors by 3.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 490,327 shares of the real estate investment trust’s stock valued at $18,495,000 after acquiring an additional 17,087 shares during the period. Pathway Financial Advisers LLC boosted its position in shares of Omega Healthcare Investors by 0.5% in the fourth quarter. Pathway Financial Advisers LLC now owns 88,955 shares of the real estate investment trust’s stock valued at $3,367,000 after acquiring an additional 483 shares during the period. Finally, Van ECK Associates Corp lifted its position in Omega Healthcare Investors by 4.7% in the fourth quarter. Van ECK Associates Corp now owns 104,859 shares of the real estate investment trust’s stock worth $3,969,000 after purchasing an additional 4,714 shares during the period. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on OHI shares. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Royal Bank of Canada raised their target price 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. Mizuho raised their target price 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 target price for the company in a research report on Thursday, October 31st. Finally, BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price 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 data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $36.40 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48. The stock has a fifty day moving average price of $37.68 and a two-hundred day moving average price of $39.11. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The firm has a market capitalization of $9.83 billion, a P/E ratio of 23.48, a P/E/G ratio of 1.11 and a beta of 0.99.

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

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders 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 dividend yield of 7.36%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

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.