Stephens Inc. AR Cuts Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Stephens Inc. AR trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,693 shares of the real estate investment trust’s stock after selling 428 shares during the period. Stephens Inc. AR’s holdings in Omega Healthcare Investors were worth $405,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC grew 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 valued at $261,589,000 after acquiring an additional 192,465 shares in the last quarter. State Street Corp grew its stake in shares of Omega Healthcare Investors by 0.9% in the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after buying an additional 114,085 shares during the period. Assetmark Inc. increased its holdings in shares of 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 last quarter. Tallon Kerry Patrick purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at approximately $1,250,000. Finally, BNP Paribas Financial Markets lifted its holdings in Omega Healthcare Investors by 120.8% in the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after acquiring an additional 123,836 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on OHI shares. Mizuho increased their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a report on Monday, December 9th. Royal Bank of Canada raised 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. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a report on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Omega Healthcare Investors has an average rating of “Moderate Buy” and a consensus price target of $41.67.

Omega Healthcare Investors Trading Up 0.1 %

Omega Healthcare Investors stock opened at $36.40 on Friday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The firm’s 50-day moving average is $37.68 and its 200-day moving average is $39.09. 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 company has a market cap of $9.83 billion, a P/E ratio of 23.48, a PEG ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data 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, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 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.