Victory Capital Management Inc. Acquires 457 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Victory Capital Management Inc. lifted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,489 shares of the real estate investment trust’s stock after purchasing an additional 457 shares during the period. Victory Capital Management Inc.’s holdings in Omega Healthcare Investors were worth $1,911,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the fourth quarter valued at $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the 4th quarter valued at about $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. Dunhill Financial LLC bought a new position in Omega Healthcare Investors in the third quarter worth approximately $31,000. Finally, Kentucky Trust Co bought a new position in Omega Healthcare Investors in the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analysts Set New Price Targets

OHI has been the topic of a number of research reports. Mizuho upped their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Wells Fargo & Company reduced their price objective on shares of 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, BMO Capital Markets upgraded 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 report on Monday, December 9th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and an average target price of $41.44.

Omega Healthcare Investors Stock Up 1.6 %

Omega Healthcare Investors stock opened at $38.21 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The stock has a market cap of $10.77 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The firm’s 50-day simple moving average is $37.05 and its 200 day simple moving average is $38.93.

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 (EPS) for the quarter, beating 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%. Research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced 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. This represents a $2.68 annualized dividend and a dividend yield of 7.01%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is presently 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.