Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 328,235 shares of the real estate investment trust’s stock after buying an additional 15,023 shares during the quarter. Retirement Systems of Alabama’s holdings in Omega Healthcare Investors were worth $12,424,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in OHI. Allworth Financial LP grew its holdings in Omega Healthcare Investors by 12.0% during the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 244 shares during the period. Venturi Wealth Management LLC boosted its position in Omega Healthcare Investors by 29.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 286 shares in the last quarter. V Square Quantitative Management LLC grew its stake in shares of Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 323 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after purchasing an additional 325 shares in the last quarter. Finally, Natixis Advisors LLC lifted its stake in shares of Omega Healthcare Investors by 1.1% in the 3rd quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock valued at $1,291,000 after purchasing an additional 331 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Down 0.3 %

NYSE OHI opened at $37.94 on Friday. Omega Healthcare Investors, Inc. has a one year low of $29.17 and a one year high of $44.42. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. The business has a fifty day moving average price of $38.06 and a 200 day moving average price of $39.06. The company has a market cap of $10.24 billion, a P/E ratio of 27.90, a P/E/G ratio of 1.08 and a beta of 0.99.

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 analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 8.83% and a net margin of 34.41%. Research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.72 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.06%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s payout ratio is currently 197.06%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on OHI shares. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday. Mizuho upped their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Royal Bank of Canada raised their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. Finally, Berenberg Bank assumed coverage on Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 target price for the company. 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.com, the stock has an average rating of “Moderate Buy” and an average target price 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.