Forvis Mazars Wealth Advisors LLC trimmed its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,706 shares of the real estate investment trust’s stock after selling 870 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Omega Healthcare Investors were worth $443,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of OHI. Creative Planning grew its stake in shares of Omega Healthcare Investors by 5.2% during the third quarter. Creative Planning now owns 42,635 shares of the real estate investment trust’s stock valued at $1,735,000 after buying an additional 2,104 shares during the last quarter. Blue Trust Inc. grew its position in Omega Healthcare Investors by 438.7% in the 3rd quarter. Blue Trust Inc. now owns 1,433 shares of the real estate investment trust’s stock valued at $58,000 after acquiring an additional 1,167 shares during the last quarter. Private Advisor Group LLC increased its stake in Omega Healthcare Investors by 6.3% in the third quarter. Private Advisor Group LLC now owns 27,971 shares of the real estate investment trust’s stock worth $1,138,000 after purchasing an additional 1,662 shares during the period. International Assets Investment Management LLC lifted its position in shares of Omega Healthcare Investors by 3,613.2% during the third quarter. International Assets Investment Management LLC now owns 157,552 shares of the real estate investment trust’s stock worth $6,412,000 after purchasing an additional 153,309 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in shares of Omega Healthcare Investors by 12.0% during the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 244 shares during the period. Institutional investors own 65.25% of the company’s stock.
Analysts Set New Price Targets
Several research analysts recently commented on the stock. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Mizuho raised their target price on shares of 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 boosted 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. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a report on Thursday, October 31st. Finally, BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a research report on Monday, December 9th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.
Omega Healthcare Investors Stock Up 0.6 %
Omega Healthcare Investors stock opened at $35.92 on Tuesday. 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 $10.12 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.09 and a beta of 0.99. The business has a fifty day moving average of $37.38 and a two-hundred day moving average of $39.06. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. On average, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.46%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 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.
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