Foundations Investment Advisors LLC Boosts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Foundations Investment Advisors LLC lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 21.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,477 shares of the real estate investment trust’s stock after buying an additional 4,827 shares during the period. Foundations Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,040,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Center For Asset Management LLC grew its holdings in Omega Healthcare Investors by 3.2% during the fourth quarter. Center For Asset Management LLC now owns 11,474 shares of the real estate investment trust’s stock valued at $434,000 after purchasing an additional 353 shares during the period. KBC Group NV lifted its holdings in Omega Healthcare Investors by 315.4% during the 4th quarter. KBC Group NV now owns 25,561 shares of the real estate investment trust’s stock worth $967,000 after purchasing an additional 19,408 shares in the last quarter. Blue Trust Inc. boosted its stake in Omega Healthcare Investors by 28.3% in the 4th quarter. Blue Trust Inc. now owns 1,839 shares of the real estate investment trust’s stock worth $75,000 after purchasing an additional 406 shares during the period. PFG Investments LLC increased its position in shares of Omega Healthcare Investors by 56.7% during the fourth quarter. PFG Investments LLC now owns 58,792 shares of the real estate investment trust’s stock valued at $2,225,000 after buying an additional 21,268 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of Omega Healthcare Investors by 18.3% in the fourth quarter. Fifth Third Bancorp now owns 16,900 shares of the real estate investment trust’s stock worth $640,000 after buying an additional 2,618 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on OHI shares. Royal Bank of Canada upped their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. BNP Paribas raised 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. Berenberg Bank assumed coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. Finally, Mizuho upped their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $36.19 on Thursday. Omega Healthcare Investors, Inc. has a 1 year low of $27.53 and a 1 year high of $44.42. The stock has a market capitalization of $9.77 billion, a P/E ratio of 26.61, a P/E/G ratio of 1.08 and a beta of 0.99. The company’s 50-day moving average is $38.47 and its 200 day moving average is $39.02. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48.

Omega Healthcare Investors Announces Dividend

The company 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.41%. Omega Healthcare Investors’s payout ratio is presently 197.06%.

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.