Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,214 shares of the real estate investment trust’s stock after purchasing an additional 2,294 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,106,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of OHI. Stonebridge Financial Group LLC purchased a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $26,000. Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. True Wealth Design LLC purchased a new stake in Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $30,000. Finally, Kentucky Trust Co purchased a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. BNP Paribas upgraded 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. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Mizuho boosted their price objective 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. BMO Capital Markets upgraded 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. Finally, Royal Bank of Canada upped their price target 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 investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Omega Healthcare Investors Price Performance

OHI stock opened at $35.68 on Friday. The firm has a market capitalization of $10.05 billion, a PE ratio of 23.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The business has a 50 day simple moving average of $37.38 and a 200-day simple moving average of $39.04.

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

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.51%. Omega Healthcare Investors’s payout ratio is 172.90%.

Omega Healthcare Investors Company 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.