Janney Montgomery Scott LLC Increases Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Janney Montgomery Scott LLC grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,802 shares of the real estate investment trust’s stock after purchasing an additional 1,309 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Omega Healthcare Investors were worth $1,242,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Daiwa Securities Group Inc. grew its stake in Omega Healthcare Investors by 317.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after buying an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Omega Healthcare Investors by 328.6% during the third 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 worth $67,642,000 after acquiring an additional 1,274,238 shares during the last quarter. FMR LLC increased 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 acquiring an additional 380,626 shares during the period. Franklin Resources Inc. increased its holdings 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. Finally, Parallax Volatility Advisers L.P. boosted its stake in Omega Healthcare Investors by 115.9% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock worth $1,424,000 after purchasing an additional 254,471 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Royal Bank of Canada lifted their price objective on shares of 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. Berenberg Bank initiated coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target on the stock. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research report on Thursday, October 31st. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a report on Monday, December 9th. Finally, Mizuho increased their price target 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 research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Stock Performance

NYSE:OHI opened at $37.62 on Wednesday. The firm’s fifty day simple moving average is $38.22 and its 200-day simple moving average is $39.06. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The stock has a market cap of $10.16 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. Omega Healthcare Investors, Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $44.42.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.12%. Omega Healthcare Investors’s payout ratio is currently 197.06%.

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.