Sheaff Brock Investment Advisors LLC Reduces Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Sheaff Brock Investment Advisors LLC reduced its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 44,108 shares of the real estate investment trust’s stock after selling 690 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,669,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in Omega Healthcare Investors by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after acquiring an additional 192,465 shares during the last quarter. State Street Corp lifted its position in shares of Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Assetmark Inc. increased its holdings in Omega Healthcare Investors by 1.7% in the third quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust’s stock valued at $48,492,000 after buying an additional 19,542 shares during the last quarter. Tallon Kerry Patrick acquired a new stake in Omega Healthcare Investors during the fourth quarter valued at approximately $1,250,000. Finally, BNP Paribas Financial Markets lifted its holdings in Omega Healthcare Investors by 120.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock worth $9,212,000 after buying an additional 123,836 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on OHI shares. BMO Capital Markets upgraded 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. Mizuho increased their target price 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. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a research report on Thursday, October 31st. Finally, Royal Bank of Canada raised 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. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $36.40 on Friday. The company has a 50-day moving average price of $37.68 and a two-hundred day moving average price of $39.09. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a current ratio of 7.07, a quick ratio of 6.48 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

About Omega Healthcare Investors

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.