Johnson Investment Counsel Inc. Buys 295 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Johnson Investment Counsel Inc. increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,147 shares of the real estate investment trust’s stock after buying an additional 295 shares during the period. Johnson Investment Counsel Inc.’s holdings in Omega Healthcare Investors were worth $498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of OHI. Daiwa Securities Group Inc. increased 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 worth $160,739,000 after buying an additional 3,003,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Omega Healthcare Investors by 328.6% during the third 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. Raymond James Financial Inc. bought a new position in shares of Omega Healthcare Investors during the fourth quarter worth $20,058,000. FMR LLC lifted its position in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after buying an additional 380,626 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Omega Healthcare Investors by 441.4% during the 3rd quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock worth $17,177,000 after acquiring an additional 350,570 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $36.70 on Friday. The firm has a market capitalization of $10.34 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The firm’s 50 day moving average is $37.04 and its two-hundred day moving average is $38.95.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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%. Research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.30%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analyst Weigh In

OHI has been the subject of several recent analyst reports. Mizuho lifted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. Wells Fargo & Company dropped their price target on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research report on Monday. 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 report on Monday, December 9th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $41.44.

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.