Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 28.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,839 shares of the real estate investment trust’s stock after acquiring an additional 406 shares during the quarter. Blue Trust Inc.’s holdings in Omega Healthcare Investors were worth $75,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. UMB Bank n.a. boosted its stake in Omega Healthcare Investors by 353.4% in the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 516 shares in the last quarter. Grove Bank & Trust purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth $30,000. True Wealth Design LLC acquired a new stake in shares of Omega Healthcare Investors during the third quarter worth $31,000. Dunhill Financial LLC purchased a new stake in shares of Omega Healthcare Investors during the third quarter valued at $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new position in shares of Omega Healthcare Investors in the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $37.94 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The company has a 50 day moving average price of $38.06 and a 200-day moving average price of $39.06. Omega Healthcare Investors, Inc. has a 1-year low of $29.17 and a 1-year high of $44.42. The firm has a market cap of $10.24 billion, a price-to-earnings ratio of 27.90, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 34.41% and a return on equity of 8.83%. Equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.72 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared 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 of this dividend is Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.06%. Omega Healthcare Investors’s payout ratio is 197.06%.

Analyst Upgrades and Downgrades

A number of analysts have commented on OHI shares. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research report on Thursday, October 31st. Berenberg Bank began coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 target price for the company. Mizuho increased their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. BMO Capital Markets upgraded 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. Finally, Royal Bank of Canada increased 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. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

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.