Mutual of America Capital Management LLC Purchases 3,249 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Mutual of America Capital Management LLC lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 142,597 shares of the real estate investment trust’s stock after acquiring an additional 3,249 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Omega Healthcare Investors were worth $5,397,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. QRG Capital Management Inc. grew its stake in shares of Omega Healthcare Investors by 7.5% in the 4th quarter. QRG Capital Management Inc. now owns 69,158 shares of the real estate investment trust’s stock worth $2,618,000 after acquiring an additional 4,819 shares in the last quarter. Versor Investments LP bought a new position in Omega Healthcare Investors during the fourth quarter valued at about $356,000. Proficio Capital Partners LLC bought a new position in Omega Healthcare Investors during the fourth quarter valued at about $443,000. Oppenheimer & Co. Inc. grew its position in Omega Healthcare Investors by 13.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 56,412 shares of the real estate investment trust’s stock valued at $2,135,000 after buying an additional 6,699 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its position in Omega Healthcare Investors by 18.2% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 27,067 shares of the real estate investment trust’s stock valued at $1,024,000 after buying an additional 4,166 shares during the period. Institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on OHI shares. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Royal Bank of Canada increased their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Finally, Mizuho increased their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $37.61 on Tuesday. The company has a market cap of $10.60 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm’s 50-day simple moving average is $37.20 and its two-hundred day simple moving average is $39.03.

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

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 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.