Curi Capital purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,000 shares of the real estate investment trust’s stock, valued at approximately $36,000.
A number of other large investors have also recently made changes to their positions in the business. BlackRock Inc. lifted its stake in shares of Omega Healthcare Investors by 1.5% in the 4th quarter. BlackRock Inc. now owns 27,113,630 shares of the real estate investment trust’s stock valued at $984,766,000 after purchasing an additional 407,234 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Omega Healthcare Investors by 4,508.5% in the fourth quarter. Daiwa Securities Group Inc. now owns 3,080,335 shares of the real estate investment trust’s stock valued at $111,878,000 after buying an additional 3,013,495 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Omega Healthcare Investors by 9.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,591,264 shares of the real estate investment trust’s stock valued at $94,115,000 after buying an additional 232,589 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its stake in Omega Healthcare Investors by 213.9% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 2,447,939 shares of the real estate investment trust’s stock worth $88,941,000 after buying an additional 1,668,136 shares during the period. Finally, Norges Bank purchased a new stake in Omega Healthcare Investors during the fourth quarter worth approximately $83,272,000. Institutional investors own 69.46% of the company’s stock.
Several equities analysts recently weighed in on OHI shares. Jefferies Financial Group upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating and lifted their target price for the company from $35.00 to $40.00 in a report on Wednesday, January 13th. Mizuho downgraded Omega Healthcare Investors from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a research report on Wednesday, January 13th. Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $33.00 to $39.00 in a report on Thursday, December 10th. Smith Barney Citigroup upped their price target on Omega Healthcare Investors from $30.00 to $37.00 in a report on Tuesday, December 15th. Finally, Zacks Investment Research downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Omega Healthcare Investors has an average rating of “Buy” and an average price target of $36.03.
OHI opened at $39.16 on Thursday. The company has a market capitalization of $9.08 billion, a P/E ratio of 56.75, a PEG ratio of 2.47 and a beta of 1.03. The company has a 50-day moving average of $37.41 and a 200-day moving average of $35.12. The company has a debt-to-equity ratio of 1.31, a quick ratio of 3.40 and a current ratio of 3.40. Omega Healthcare Investors, Inc. has a 1-year low of $23.89 and a 1-year high of $39.19.
Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Thursday, February 4th. The real estate investment trust reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.79 by ($0.52). Omega Healthcare Investors had a return on equity of 3.78% and a net margin of 17.99%. As a group, sell-side analysts expect that Omega Healthcare Investors, Inc. will post 3.15 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 16th. Stockholders of record on Monday, February 8th were issued a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.84%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 87.30%.
About Omega Healthcare Investors
Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.
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