Teamwork Financial Advisors LLC Takes $667,000 Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Teamwork Financial Advisors LLC bought a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, Holdings Channel reports. The firm bought 17,618 shares of the real estate investment trust’s stock, valued at approximately $667,000.

A number of other institutional investors also recently modified their holdings of OHI. Mutual Advisors LLC boosted its position in Omega Healthcare Investors by 0.6% during the fourth quarter. Mutual Advisors LLC now owns 299,758 shares of the real estate investment trust’s stock valued at $11,343,000 after purchasing an additional 1,786 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Omega Healthcare Investors by 4.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 32,802 shares of the real estate investment trust’s stock valued at $1,242,000 after buying an additional 1,309 shares during the last quarter. Simon Quick Advisors LLC grew its stake in shares of Omega Healthcare Investors by 1.6% in the 4th quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock valued at $817,000 after buying an additional 350 shares in the last quarter. UMB Bank n.a. increased its holdings in Omega Healthcare Investors by 68.6% in the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 454 shares during the last quarter. Finally, Community Bank of Raymore raised its position in Omega Healthcare Investors by 15.8% during the fourth quarter. Community Bank of Raymore now owns 26,510 shares of the real estate investment trust’s stock valued at $1,003,000 after acquiring an additional 3,615 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Mizuho boosted their target price 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. Royal Bank of Canada increased 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. BNP Paribas raised 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. Berenberg Bank began coverage on Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 target price for the company. Finally, BMO Capital Markets upgraded 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 note on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $36.96 on Thursday. The company’s fifty day moving average is $38.71 and its two-hundred day moving average is $38.91. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The firm has a market capitalization of $9.98 billion, a price-to-earnings ratio of 27.18, a P/E/G ratio of 1.10 and a beta of 0.99.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date was Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 197.06%.

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.