Omega Healthcare Investors’ (OHI) “Market Perform” Rating Reiterated at JMP Securities

Omega Healthcare Investors (NYSE:OHI)‘s stock had its “market perform” rating reiterated by stock analysts at JMP Securities in a report issued on Friday,Benzinga reports.

A number of other analysts have also recently issued reports on OHI. 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 report on Thursday, October 31st. Berenberg Bank started coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target for the company. Royal Bank of Canada boosted their price target 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 boosted their price target 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. 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 research report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI traded down $0.34 during mid-day trading on Friday, reaching $37.72. The company had a trading volume of 828,972 shares, compared to its average volume of 1,879,517. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.10. The stock has a market cap of $10.18 billion, a PE ratio of 27.74, a P/E/G ratio of 1.08 and a beta of 0.99. The company has a 50-day moving average price of $38.06 and a two-hundred day moving average price of $39.06. Omega Healthcare Investors has a 1-year low of $29.17 and a 1-year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly 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 8.83% and a net margin of 34.41%. On average, equities analysts anticipate that Omega Healthcare Investors will post 2.72 earnings per share for the current year.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of large investors have recently bought and sold shares of the business. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth $26,000. UMB Bank n.a. lifted its holdings in Omega Healthcare Investors by 353.4% during the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 516 shares in the last quarter. Grove Bank & Trust acquired a new position in Omega Healthcare Investors during the 4th quarter worth $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter worth $31,000. Finally, Dunhill Financial LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter worth $31,000. 65.25% of the stock is currently owned by institutional investors.

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.