Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Position Decreased by AGF Management Ltd.

AGF Management Ltd. decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 18.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,796 shares of the real estate investment trust’s stock after selling 14,480 shares during the quarter. AGF Management Ltd.’s holdings in Omega Healthcare Investors were worth $2,453,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC acquired a new stake in Omega Healthcare Investors in the fourth quarter valued at approximately $1,104,000. GC Wealth Management RIA LLC raised its holdings in shares of Omega Healthcare Investors by 84.0% during the 4th quarter. GC Wealth Management RIA LLC now owns 11,489 shares of the real estate investment trust’s stock valued at $435,000 after purchasing an additional 5,244 shares in the last quarter. Johnson Investment Counsel Inc. lifted its stake in shares of Omega Healthcare Investors by 2.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 295 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in Omega Healthcare Investors by 22.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock worth $183,205,000 after purchasing an additional 890,912 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Omega Healthcare Investors by 52.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 175,475 shares of the real estate investment trust’s stock worth $6,642,000 after buying an additional 60,422 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.3 %

Shares of OHI stock opened at $36.70 on Friday. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm has a market cap of $10.34 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The stock has a 50 day moving average of $37.04 and a 200-day moving average of $38.95.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate 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, equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.30%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is presently 172.90%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Mizuho raised their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Wells Fargo & Company dropped 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. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $41.44.

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.