Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 69,158 shares of the real estate investment trust’s stock after purchasing an additional 4,819 shares during the period. QRG Capital Management Inc.’s holdings in Omega Healthcare Investors were worth $2,618,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in OHI. Stonebridge Financial Group LLC purchased a new position in Omega Healthcare Investors in the fourth quarter worth approximately $26,000. Grove Bank & Trust acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at $30,000. True Wealth Design LLC purchased a new stake in shares of Omega Healthcare Investors during the 3rd quarter worth $31,000. Dunhill Financial LLC purchased a new stake in shares of Omega Healthcare Investors during the 3rd quarter worth $31,000. Finally, Kentucky Trust Co purchased a new position in Omega Healthcare Investors in the fourth quarter valued at $38,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Mizuho raised their target price on 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 upped their price target 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, 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 note on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Trading Up 0.1 %

NYSE:OHI opened at $36.87 on Friday. The company has a market capitalization of $10.39 billion, a PE ratio of 23.79, a P/E/G ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The stock’s 50 day moving average price is $37.21 and its 200 day moving average price is $39.02. 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 (NYSE:OHI) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders 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 yield of 7.27%. Omega Healthcare Investors’s dividend payout ratio is presently 172.90%.

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.