Kentucky Trust Co Acquires Shares of 1,000 Omega Healthcare Investors, Inc. (NYSE:OHI)

Kentucky Trust Co acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,000 shares of the real estate investment trust’s stock, valued at approximately $38,000.

Other large investors also recently bought and sold shares of the company. UMB Bank n.a. grew its position in Omega Healthcare Investors by 353.4% in the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 516 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in Omega Healthcare Investors in the fourth quarter valued at approximately $26,000. Dunhill Financial LLC acquired a new stake in Omega Healthcare Investors in the third quarter valued at approximately $31,000. True Wealth Design LLC acquired a new stake in Omega Healthcare Investors in the third quarter valued at approximately $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in Omega Healthcare Investors in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $35.74 on Thursday. The business’s fifty day moving average price is $37.88 and its 200 day moving average price is $39.11. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The stock has a market capitalization of $9.65 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 6.48.

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 (EPS) 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 forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders 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 yield of 7.50%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on OHI. Mizuho raised their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research report on Thursday, October 31st. BMO Capital Markets raised shares of 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, Berenberg Bank began coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 price target for the company. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $41.67.

About Omega Healthcare Investors

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.