GC Wealth Management RIA LLC Boosts Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

GC Wealth Management RIA LLC increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 84.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,489 shares of the real estate investment trust’s stock after purchasing an additional 5,244 shares during the period. GC Wealth Management RIA LLC’s holdings in Omega Healthcare Investors were worth $435,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in Omega Healthcare Investors by 141.5% in the third quarter. Farther Finance Advisors LLC now owns 2,746 shares of the real estate investment trust’s stock valued at $112,000 after buying 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 third quarter. Janney Montgomery Scott LLC now owns 31,493 shares of the real estate investment trust’s stock valued at $1,282,000 after buying an additional 526 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $7,293,000. Catalytic Wealth RIA LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $254,000. Finally, Venturi Wealth Management LLC increased its holdings in Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock valued at $51,000 after buying an additional 286 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a report on Monday, December 9th. Wells Fargo & Company lowered their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research report on Monday. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Mizuho increased their price target 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. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $41.44.

Omega Healthcare Investors Stock Down 2.5 %

Shares of NYSE OHI opened at $36.68 on Wednesday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The firm’s 50 day moving average price is $37.09 and its 200 day moving average price is $38.98. The firm has a market cap of $10.34 billion, a P/E ratio of 23.67, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. 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 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%. As a group, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.31%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 172.90%.

About Omega Healthcare Investors

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.