Stratos Wealth Partners LTD. Sells 736 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Stratos Wealth Partners LTD. reduced its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,453 shares of the real estate investment trust’s stock after selling 736 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Omega Healthcare Investors were worth $396,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in Omega Healthcare Investors by 12.0% during the 3rd quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 244 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in Omega Healthcare Investors by 29.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 286 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 323 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after purchasing an additional 325 shares during the last quarter. Finally, Natixis Advisors LLC lifted its holdings in Omega Healthcare Investors by 1.1% during the 3rd quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock valued at $1,291,000 after purchasing an additional 331 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on OHI. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a report on Monday, December 9th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Berenberg Bank assumed 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. Royal Bank of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Finally, BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price for the company in a report on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $35.74 on Thursday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business’s 50-day moving average price is $37.88 and its two-hundred day moving average price is $39.11. The stock has a market cap of $9.65 billion, a PE ratio of 23.06, a P/E/G ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly 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%. As a group, analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.50%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) 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.