Kestra Private Wealth Services LLC Cuts Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Kestra Private Wealth Services LLC cut its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,435 shares of the real estate investment trust’s stock after selling 339 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Omega Healthcare Investors were worth $433,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of OHI. Daiwa Securities Group Inc. grew its holdings in shares of Omega Healthcare Investors by 317.7% in the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after purchasing an additional 3,003,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Omega Healthcare Investors by 328.6% in 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 valued at $67,642,000 after purchasing an additional 1,274,238 shares in the last quarter. FMR LLC grew its holdings in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after purchasing an additional 380,626 shares in the last quarter. Franklin Resources Inc. boosted its stake in Omega Healthcare Investors by 441.4% during the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock worth $17,177,000 after buying 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 third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock worth $1,424,000 after buying an additional 254,471 shares during the period. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Up 0.1 %

NYSE:OHI opened at $36.40 on Monday. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a market cap of $9.83 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The stock has a fifty day simple moving average of $37.68 and a 200-day simple moving average of $39.11. The company has a current ratio of 7.07, a quick ratio of 6.48 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a $0.67 dividend. The ex-dividend date is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.36%. Omega Healthcare Investors’s payout ratio is currently 172.90%.

Analyst Upgrades and Downgrades

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 research note 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 research note on Thursday, October 31st. Royal Bank of Canada lifted 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 research note on Monday, November 11th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Mizuho lifted their price objective 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. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.