Omega Healthcare Investors, Inc. (NYSE:OHI) Short Interest Update

Omega Healthcare Investors, Inc. (NYSE:OHI) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 15,040,000 shares, a growth of 31.5% from the January 31st total of 11,440,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the days-to-cover ratio is currently 7.7 days.

Omega Healthcare Investors Stock Down 0.8 %

NYSE:OHI traded down $0.31 during mid-day trading on Tuesday, hitting $37.36. The stock had a trading volume of 2,046,459 shares, compared to its average volume of 1,640,381. Omega Healthcare Investors has a twelve month low of $29.66 and a twelve month high of $44.42. The stock has a 50-day simple moving average of $37.18 and a two-hundred day simple moving average of $39.03. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $10.53 billion, a PE ratio of 24.10, a PEG ratio of 1.09 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data 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 net margin of 38.65% and a return on equity of 9.71%. On average, equities research analysts anticipate that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.17%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on OHI. Mizuho increased their target price 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. Royal Bank of Canada increased their price target on shares of 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. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a report on Monday, December 9th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

Institutional Investors Weigh In On Omega Healthcare Investors

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Park Square Financial Group LLC purchased a new position in Omega Healthcare Investors in the fourth quarter valued at approximately $61,000. GF Fund Management CO. LTD. acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at $177,000. Public Employees Retirement System of Ohio grew its position in shares of Omega Healthcare Investors by 3.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 483,385 shares of the real estate investment trust’s stock valued at $18,296,000 after buying an additional 16,187 shares during the last quarter. Novem Group acquired a new stake in Omega Healthcare Investors during the 4th quarter worth $493,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Omega Healthcare Investors by 10.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,837,732 shares of the real estate investment trust’s stock valued at $69,558,000 after acquiring an additional 175,768 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

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.