United Community Bank grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 16.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,980 shares of the real estate investment trust’s stock after buying an additional 1,395 shares during the quarter. United Community Bank’s holdings in Omega Healthcare Investors were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Venturi Wealth Management LLC grew its stake in Omega Healthcare Investors by 29.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 286 shares in the last quarter. US Bancorp DE grew its stake in Omega Healthcare Investors by 1.9% during the 4th quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 309 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock worth $2,075,000 after purchasing an additional 325 shares in the last quarter. Natixis Advisors LLC grew its stake in Omega Healthcare Investors by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after purchasing an additional 331 shares in the last quarter. Finally, Simon Quick Advisors LLC grew its stake in Omega Healthcare Investors by 1.6% during the 4th quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after purchasing an additional 350 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently commented on OHI. Royal Bank of Canada boosted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Mizuho lifted their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Finally, BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a report on Monday, December 9th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.67.
Omega Healthcare Investors Stock Up 2.5 %
Omega Healthcare Investors stock opened at $36.87 on Friday. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market capitalization of $10.39 billion, a P/E ratio of 23.79, a PEG ratio of 1.09 and a beta of 1.00. The stock has a 50-day simple moving average of $37.11 and a 200-day simple moving average of $39.00.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating 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 expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.
Omega Healthcare Investors Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.27%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 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.
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