Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Assetmark Inc.

Assetmark Inc. boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,225,923 shares of the real estate investment trust’s stock after purchasing an additional 34,463 shares during the period. Assetmark Inc. owned approximately 0.45% of Omega Healthcare Investors worth $46,401,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in OHI. US Bancorp DE increased its holdings in Omega Healthcare Investors by 6.3% in the 3rd quarter. US Bancorp DE now owns 15,864 shares of the real estate investment trust’s stock valued at $646,000 after purchasing an additional 937 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Omega Healthcare Investors by 141.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,746 shares of the real estate investment trust’s stock valued at $112,000 after purchasing an additional 1,609 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Omega Healthcare Investors by 1.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 31,493 shares of the real estate investment trust’s stock valued at $1,282,000 after purchasing an additional 526 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in Omega Healthcare Investors in the 3rd quarter valued at about $53,000. Finally, Van ECK Associates Corp boosted its position in Omega Healthcare Investors by 15.4% in the 3rd quarter. Van ECK Associates Corp now owns 100,145 shares of the real estate investment trust’s stock valued at $4,167,000 after buying an additional 13,367 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $37.60 on Thursday. The stock has a market capitalization of $10.60 billion, a P/E ratio of 24.25, a P/E/G ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The business’s fifty day moving average is $37.17 and its two-hundred day moving average is $39.02. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

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

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.13%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OHI. BMO Capital Markets raised shares of 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. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Mizuho upped their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Finally, Royal Bank of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

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.