Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 40.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 7,345 shares of the real estate investment trust’s stock after selling 4,996 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Omega Healthcare Investors were worth $277,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. CWM LLC lifted its holdings in shares of Omega Healthcare Investors by 234.3% in the third quarter. CWM LLC now owns 13,618 shares of the real estate investment trust’s stock valued at $554,000 after buying an additional 9,545 shares during the period. Creative Planning raised its position in Omega Healthcare Investors by 5.2% in the third quarter. Creative Planning now owns 42,635 shares of the real estate investment trust’s stock worth $1,735,000 after acquiring an additional 2,104 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in Omega Healthcare Investors by 1.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 57,202 shares of the real estate investment trust’s stock valued at $2,328,000 after acquiring an additional 675 shares during the last quarter. Community Bank of Raymore lifted its holdings in Omega Healthcare Investors by 19.0% in the 3rd quarter. Community Bank of Raymore now owns 22,895 shares of the real estate investment trust’s stock valued at $932,000 after acquiring an additional 3,650 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Omega Healthcare Investors by 5.9% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,043 shares of the real estate investment trust’s stock valued at $1,955,000 after purchasing an additional 2,688 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on OHI. Mizuho raised their price target 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. 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 report on Monday, December 9th. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a report on Thursday, October 31st. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Royal Bank of Canada lifted their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Up 1.8 %

Omega Healthcare Investors stock opened at $36.36 on Friday. The firm has a market cap of $9.82 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.48 and a current ratio of 7.07. The firm has a 50 day moving average price of $37.80 and a two-hundred day moving average price of $39.09. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last announced 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%. Equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.37%. Omega Healthcare Investors’s payout ratio is 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.