Mutual Advisors LLC Acquires 1,786 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Mutual Advisors LLC grew its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,758 shares of the real estate investment trust’s stock after purchasing an additional 1,786 shares during the quarter. Mutual Advisors LLC’s holdings in Omega Healthcare Investors were worth $11,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Janney Montgomery Scott LLC increased its position in Omega Healthcare Investors by 4.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 32,802 shares of the real estate investment trust’s stock worth $1,242,000 after buying an additional 1,309 shares during the last quarter. Simon Quick Advisors LLC boosted its stake in shares of Omega Healthcare Investors by 1.6% during the 4th quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 350 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 454 shares during the last quarter. Community Bank of Raymore raised its stake in shares of Omega Healthcare Investors by 15.8% in the 4th quarter. Community Bank of Raymore now owns 26,510 shares of the real estate investment trust’s stock valued at $1,003,000 after acquiring an additional 3,615 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $272,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 1.9 %

Shares of OHI opened at $36.96 on Thursday. The stock’s 50-day moving average price is $38.71 and its 200 day moving average price is $38.91. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. Omega Healthcare Investors, Inc. has a 12-month low of $27.53 and a 12-month high of $44.42. The firm has a market capitalization of $9.98 billion, a price-to-earnings ratio of 27.18, a P/E/G ratio of 1.10 and a beta of 0.99.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.25%. Omega Healthcare Investors’s payout ratio is 197.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on OHI shares. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a report on Thursday, October 31st. Royal Bank of Canada lifted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price target for the company. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research note on Monday, December 9th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors 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.