Omega Healthcare Investors, Inc. (NYSE:OHI) Stake Increased by Securian Asset Management Inc.

Securian Asset Management Inc. grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,407 shares of the real estate investment trust’s stock after purchasing an additional 358 shares during the period. Securian Asset Management Inc.’s holdings in Omega Healthcare Investors were worth $772,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. HighTower Advisors LLC lifted its holdings in shares of Omega Healthcare Investors by 21.1% in the fourth quarter. HighTower Advisors LLC now owns 64,860 shares of the real estate investment trust’s stock valued at $2,455,000 after purchasing an additional 11,286 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at $1,104,000. GC Wealth Management RIA LLC raised its holdings in shares of Omega Healthcare Investors by 84.0% during the fourth quarter. GC Wealth Management RIA LLC now owns 11,489 shares of the real estate investment trust’s stock worth $435,000 after acquiring an additional 5,244 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Omega Healthcare Investors by 2.3% during the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 295 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Omega Healthcare Investors by 22.6% during 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 acquiring an additional 890,912 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on OHI shares. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Wells Fargo & Company cut their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, March 10th. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a report on Monday, December 9th. Finally, Mizuho increased their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. 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, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.44.

Omega Healthcare Investors Trading Up 2.3 %

Omega Healthcare Investors stock opened at $37.62 on Friday. 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 company has a market capitalization of $10.60 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The company’s fifty day moving average price is $37.03 and its two-hundred day moving average price is $38.94.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating 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 firm 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 7.12%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 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.