Raymond James Financial Inc. Invests $20.06 Million in Omega Healthcare Investors, Inc. (NYSE:OHI)

Raymond James Financial Inc. bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 529,923 shares of the real estate investment trust’s stock, valued at approximately $20,058,000. Raymond James Financial Inc. owned about 0.20% of Omega Healthcare Investors as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in OHI. Daiwa Securities Group Inc. raised its position in shares of Omega Healthcare Investors by 317.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock worth $160,739,000 after acquiring an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised 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 raised its position in shares of Omega Healthcare Investors by 9.9% during the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after acquiring an additional 380,626 shares during the last quarter. Franklin Resources Inc. raised its position in shares of 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 acquiring an additional 350,570 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. raised its position in shares of 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 acquiring an additional 254,471 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 2.3 %

Shares of Omega Healthcare Investors stock opened at $37.62 on Monday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The business has a 50-day moving average of $37.03 and a two-hundred day moving average of $38.94. The company has a market capitalization of $10.60 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

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 (EPS) 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%. As a group, equities analysts predict 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 was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.12%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a report on Monday, December 9th. Wells Fargo & Company dropped their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, March 10th. Finally, Mizuho upped their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and an average price target of $41.44.

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.