Omega Healthcare Investors, Inc. (NYSE:OHI) Given Average Recommendation of “Moderate Buy” by Analysts

Omega Healthcare Investors, Inc. (NYSE:OHI) has been given an average rating of “Moderate Buy” by the ten brokerages that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $41.44.

OHI has been the topic of several 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 on the stock in a research note on Monday, December 9th. Mizuho upped their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Wells Fargo & Company lowered their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th.

Hedge Funds Weigh In On Omega Healthcare Investors

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock valued at $1,440,646,000 after acquiring an additional 1,809,519 shares during the period. Cohen & Steers Inc. increased its stake in Omega Healthcare Investors by 50.8% in the fourth quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust’s stock valued at $992,467,000 after purchasing an additional 8,837,218 shares in the last quarter. State Street Corp raised its holdings in shares of Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares during the period. Geode Capital Management LLC boosted its position in shares of Omega Healthcare Investors by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust’s stock worth $262,329,000 after purchasing an additional 503,190 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its stake in shares of Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after buying an additional 890,912 shares during the period. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $36.70 on Friday. The stock has a 50-day moving average price of $37.04 and a two-hundred day moving average price of $38.95. Omega Healthcare Investors has a 12 month low of $29.66 and a 12 month high of $44.42. The company has a market capitalization of $10.34 billion, a PE ratio of 23.67, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02.

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 (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%. Analysts expect that Omega Healthcare Investors will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.30%. Omega Healthcare Investors’s payout ratio is currently 172.90%.

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.