Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Position Cut by Norden Group LLC

Norden Group LLC cut its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.7% during the 4th quarter, Holdings Channel reports. The firm owned 7,565 shares of the real estate investment trust’s stock after selling 454 shares during the period. Norden Group LLC’s holdings in Omega Healthcare Investors were worth $286,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Daiwa Securities Group Inc. lifted its holdings in Omega Healthcare Investors by 317.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after acquiring an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Omega Healthcare Investors by 328.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after purchasing an additional 1,274,238 shares in the last quarter. FMR LLC lifted its stake in Omega Healthcare Investors by 9.9% during the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after purchasing an additional 380,626 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Omega Healthcare Investors by 441.4% during the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock worth $17,177,000 after buying an additional 350,570 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. grew its position in Omega Healthcare Investors by 115.9% in the third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock worth $1,424,000 after buying an additional 254,471 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.8 %

Shares of Omega Healthcare Investors stock opened at $37.36 on Wednesday. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The stock has a 50-day moving average price of $37.18 and a 200 day moving average price of $39.03. The company has a market cap of $10.53 billion, a P/E ratio of 24.10, a P/E/G 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 EPS 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%. As a group, analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. Mizuho upped their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Royal Bank of Canada boosted their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors 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.