Hager Investment Management Services LLC Makes New $1.80 Million Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Hager Investment Management Services LLC purchased a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,431 shares of the real estate investment trust’s stock, valued at approximately $1,795,000. Omega Healthcare Investors comprises 1.1% of Hager Investment Management Services LLC’s holdings, making the stock its 28th largest holding.

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

Omega Healthcare Investors Stock Down 0.7 %

OHI opened at $37.62 on Wednesday. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $44.42. The company has a market cap of $10.16 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The company has a 50-day moving average price of $38.22 and a 200 day moving average price of $39.06.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a dividend of $0.67 per share. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.12%. Omega Healthcare Investors’s dividend payout ratio is presently 197.06%.

Analyst Ratings Changes

OHI has been the topic of several analyst reports. Mizuho lifted their price target on shares of 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 boosted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 target price for the company. 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 report on Monday, December 9th. Finally, BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research report on Thursday, October 31st. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.