Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Oak Thistle LLC

Oak Thistle LLC lessened its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,649 shares of the real estate investment trust’s stock after selling 1,663 shares during the period. Oak Thistle LLC’s holdings in Omega Healthcare Investors were worth $479,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in OHI. Geode Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 3.1% in the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after purchasing an additional 192,465 shares in the last quarter. State Street Corp raised its position in shares of Omega Healthcare Investors by 0.9% during the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Assetmark Inc. lifted its stake in Omega Healthcare Investors by 1.7% in the 3rd quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust’s stock valued at $48,492,000 after buying an additional 19,542 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Omega Healthcare Investors by 120.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after buying an additional 123,836 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Omega Healthcare Investors by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 1,995,825 shares of the real estate investment trust’s stock worth $81,230,000 after buying an additional 103,010 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Berenberg Bank assumed coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $43.00 price target (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. BNP Paribas raised shares of 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. Royal Bank of Canada raised 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 research report on Monday, November 11th. Finally, Mizuho boosted their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and an average price target of $41.10.

Omega Healthcare Investors Trading Up 1.3 %

Shares of OHI opened at $37.86 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $44.42. The firm has a market capitalization of $10.22 billion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. 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’s fifty day simple moving average is $38.94 and its 200 day simple moving average is $38.76.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.08%. The ex-dividend date was Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio is currently 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.