Forsta AP Fonden lowered its stake in Omega Healthcare Investors Inc (NYSE:OHI) by 43.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,200 shares of the real estate investment trust’s stock after selling 40,900 shares during the quarter. Forsta AP Fonden’s holdings in Omega Healthcare Investors were worth $1,465,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Barnett & Company Inc. lifted its stake in Omega Healthcare Investors by 1,980.0% in the third quarter. Barnett & Company Inc. now owns 5,200 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 4,950 shares in the last quarter. Mcmillion Capital Management Inc. acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $201,000. Lourd Capital LLC acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at approximately $202,000. Timber Hill LLC acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $206,000. Finally, Good Life Advisors LLC acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $209,000. 67.90% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms have recently issued reports on OHI. Hilliard Lyons downgraded shares of Omega Healthcare Investors to a “buy” rating in a report on Wednesday, November 1st. Capital One Financial reiterated an “equal weight” rating on shares of Omega Healthcare Investors in a report on Sunday, October 22nd. ValuEngine upgraded shares of Omega Healthcare Investors from a “hold” rating to a “buy” rating in a report on Friday, December 15th. Vetr downgraded shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 price objective on the stock. in a report on Monday, October 30th. Finally, Cantor Fitzgerald reiterated a “buy” rating and issued a $34.00 price objective on shares of Omega Healthcare Investors in a report on Tuesday, February 13th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Omega Healthcare Investors currently has a consensus rating of “Hold” and a consensus target price of $31.37.
Omega Healthcare Investors Inc (OHI) opened at $26.74 on Friday. The firm has a market cap of $5,302.78, a price-to-earnings ratio of 8.08, a P/E/G ratio of 2.80 and a beta of 0.41. Omega Healthcare Investors Inc has a fifty-two week low of $24.90 and a fifty-two week high of $35.14. The company has a current ratio of 3.55, a quick ratio of 3.40 and a debt-to-equity ratio of 1.18.
Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Tuesday, February 13th. The real estate investment trust reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.18). The firm had revenue of $221.21 million for the quarter, compared to analyst estimates of $219.07 million. Omega Healthcare Investors had a return on equity of 2.48% and a net margin of 11.06%. analysts anticipate that Omega Healthcare Investors Inc will post 2.95 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Wednesday, January 31st were issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 9.87%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.65. The ex-dividend date was Tuesday, January 30th. Omega Healthcare Investors’s payout ratio is presently 528.01%.
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Omega Healthcare Investors Profile
Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
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