Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 84.0% during the fourth quarter, Holdings Channel reports. The firm 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 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in OHI. Daiwa Securities Group Inc. boosted its holdings in shares of Omega Healthcare Investors by 317.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after purchasing an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Omega Healthcare Investors by 328.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock valued at $67,642,000 after purchasing an additional 1,274,238 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at $20,058,000. FMR LLC boosted its holdings in shares of Omega Healthcare Investors by 9.9% in the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after purchasing an additional 380,626 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Omega Healthcare Investors by 441.4% in the 3rd quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after acquiring an additional 350,570 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of research reports. Wells Fargo & Company cut their target price on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research note on Monday. 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 on the stock in a research note on Monday, December 9th. Mizuho raised their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Finally, JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five 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 stock has an average rating of “Moderate Buy” and a consensus target price of $41.44.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $36.68 on Wednesday. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The firm has a market capitalization of $10.34 billion, a P/E ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00. The company’s fifty day moving average price is $37.09 and its two-hundred day moving average price is $38.98.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 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%. On average, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

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

Omega Healthcare Investors 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.