Analysts Set Omega Healthcare Investors, Inc. (NYSE:OHI) Price Target at $41.10

Shares of Omega Healthcare Investors, Inc. (NYSE:OHIGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $41.10.

A number of equities analysts recently issued reports on the stock. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research note on Thursday, October 31st. Royal Bank of Canada increased their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Wells Fargo & Company restated an “overweight” rating and set a $43.00 price target (up from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a report on Monday, December 9th. Finally, Mizuho boosted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th.

Check Out Our Latest Report on OHI

Institutional Trading of Omega Healthcare Investors

A number of institutional investors and hedge funds have recently bought and sold shares of OHI. UMB Bank n.a. lifted its holdings in shares of Omega Healthcare Investors by 353.4% during the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 516 shares in the last quarter. Grove Bank & Trust purchased a new position in Omega Healthcare Investors in the 4th quarter worth about $30,000. True Wealth Design LLC bought a new position in Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Dunhill Financial LLC purchased a new stake in shares of Omega Healthcare Investors during the 3rd quarter valued at about $31,000. Finally, DiNuzzo Private Wealth Inc. bought a new stake in shares of Omega Healthcare Investors in the third quarter worth approximately $33,000. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Up 0.3 %

Shares of NYSE OHI opened at $37.19 on Thursday. The firm has a fifty day simple moving average of $38.54 and a two-hundred day simple moving average of $38.90. Omega Healthcare Investors has a 12 month low of $27.53 and a 12 month high of $44.42. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $10.04 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99.

Omega Healthcare Investors Company Profile

(Get Free Report

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.

Read More

Analyst Recommendations for Omega Healthcare Investors (NYSE:OHI)

Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.