SRS Capital Advisors Inc. Raises Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

SRS Capital Advisors Inc. lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 146.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,699 shares of the real estate investment trust’s stock after purchasing an additional 1,009 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Omega Healthcare Investors were worth $64,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its position in Omega Healthcare Investors by 29.4% during the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 286 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Omega Healthcare Investors by 1.9% in the 4th quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock valued at $612,000 after acquiring an additional 309 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Omega Healthcare Investors by 0.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after acquiring an additional 325 shares during the last quarter. Natixis Advisors LLC grew its position in Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after acquiring an additional 331 shares in the last quarter. Finally, Simon Quick Advisors LLC increased its stake in Omega Healthcare Investors by 1.6% during the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 350 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 4.1 %

Shares of OHI opened at $36.00 on Friday. The firm has a market capitalization of $10.15 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 1.09 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42. The company has a 50-day moving average of $37.13 and a 200 day moving average of $39.00.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating the consensus estimate 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 expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.44%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on OHI. Royal Bank of Canada raised their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. 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. Mizuho boosted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

About Omega Healthcare Investors

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.