Pensionfund DSM Netherlands Sells 16,000 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Pensionfund DSM Netherlands decreased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 19.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 67,000 shares of the real estate investment trust’s stock after selling 16,000 shares during the quarter. Omega Healthcare Investors makes up 1.6% of Pensionfund DSM Netherlands’ holdings, making the stock its 21st largest holding. Pensionfund DSM Netherlands’ holdings in Omega Healthcare Investors were worth $2,536,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Natixis Advisors LLC grew its stake in Omega Healthcare Investors by 14.4% in the second quarter. Natixis Advisors LLC now owns 31,380 shares of the real estate investment trust’s stock valued at $1,075,000 after purchasing an additional 3,948 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Omega Healthcare Investors by 3.1% in the second quarter. Victory Capital Management Inc. now owns 52,146 shares of the real estate investment trust’s stock valued at $1,786,000 after buying an additional 1,552 shares in the last quarter. Arizona State Retirement System increased its holdings in Omega Healthcare Investors by 2.0% during the second quarter. Arizona State Retirement System now owns 68,673 shares of the real estate investment trust’s stock worth $2,352,000 after buying an additional 1,343 shares during the last quarter. Norden Group LLC raised its position in Omega Healthcare Investors by 14.4% during the second quarter. Norden Group LLC now owns 7,750 shares of the real estate investment trust’s stock worth $265,000 after acquiring an additional 978 shares in the last quarter. Finally, Gallacher Capital Management LLC lifted its stake in Omega Healthcare Investors by 33.6% in the second quarter. Gallacher Capital Management LLC now owns 14,546 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 3,659 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock traded up $0.01 during trading on Monday, reaching $38.34. The company’s stock had a trading volume of 175,833 shares, compared to its average volume of 1,088,149. Omega Healthcare Investors, Inc. has a 52 week low of $27.53 and a 52 week high of $44.42. The firm has a market cap of $10.35 billion, a PE ratio of 28.19, a P/E/G ratio of 1.22 and a beta of 0.99. The business’s 50-day moving average price is $39.62 and its 200-day moving average price is $38.58. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a dividend of $0.67 per share. The ex-dividend date was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.99%. Omega Healthcare Investors’s payout ratio is presently 197.06%.

Analyst Upgrades and Downgrades

OHI has been the topic of several recent analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $43.00 price objective (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Berenberg Bank began coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective for the company. Royal Bank of Canada boosted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Finally, Mizuho increased their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.18.

About Omega Healthcare Investors

Omega is a REIT 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 U.S., as well as in the U.K.