Edgestream Partners L.P. lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 398.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,000 shares of the real estate investment trust’s stock after acquiring an additional 135,062 shares during the period. Edgestream Partners L.P. owned approximately 0.06% of Omega Healthcare Investors worth $6,397,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in OHI. Geode Capital Management LLC increased its stake in Omega Healthcare Investors by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock worth $261,589,000 after buying an additional 192,465 shares during the period. State Street Corp increased its stake in Omega Healthcare Investors by 0.9% during the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after buying an additional 114,085 shares during the period. Assetmark Inc. increased its stake in Omega Healthcare Investors by 1.7% during the 3rd quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust’s stock worth $48,492,000 after buying an additional 19,542 shares during the period. Tallon Kerry Patrick purchased a new stake in Omega Healthcare Investors during the 4th quarter worth $1,250,000. Finally, BNP Paribas Financial Markets grew its holdings in Omega Healthcare Investors by 120.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock worth $9,212,000 after acquiring an additional 123,836 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.
Wall Street Analysts Forecast Growth
OHI has been the subject of several recent analyst reports. BMO Capital Markets raised shares of 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. Mizuho raised their price objective on shares of 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 raised their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Finally, JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five analysts have rated the stock with a hold rating and five have given 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 $41.67.
Omega Healthcare Investors Trading Down 4.1 %
NYSE OHI opened at $36.00 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a 50-day simple moving average of $37.13 and a 200-day simple moving average of $39.00. The firm has a market capitalization of $10.15 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last posted 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 net margin of 38.65% and a return on equity of 9.71%. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.
Omega Healthcare Investors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.
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.
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