State of Alaska Department of Revenue Grows Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

State of Alaska Department of Revenue increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 160,889 shares of the real estate investment trust’s stock after purchasing an additional 10,897 shares during the quarter. State of Alaska Department of Revenue owned approximately 0.06% of Omega Healthcare Investors worth $6,088,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in OHI. UMB Bank n.a. grew its holdings in shares of Omega Healthcare Investors by 353.4% during the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 516 shares in the last quarter. Grove Bank & Trust acquired a new position in Omega Healthcare Investors during the fourth quarter worth about $30,000. True Wealth Design LLC purchased a new stake in Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Dunhill Financial LLC purchased a new stake in Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in Omega Healthcare Investors in the 3rd quarter valued at about $33,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

OHI has been the subject of a number of analyst reports. BMO Capital Markets upgraded 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. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a report on Thursday, October 31st. Mizuho lifted 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 boosted their price target 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. Finally, Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $37.94 on Friday. The company’s 50 day simple moving average is $38.06 and its 200-day simple moving average is $39.06. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. Omega Healthcare Investors, Inc. has a 1 year low of $29.17 and a 1 year high of $44.42. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99.

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, 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%. As a group, equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.72 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

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

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.