Private Advisor Group LLC Has $1.02 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Private Advisor Group LLC reduced its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 26,947 shares of the real estate investment trust’s stock after selling 1,024 shares during the period. Private Advisor Group LLC’s holdings in Omega Healthcare Investors were worth $1,020,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in OHI. Plan Group Financial LLC raised its position in shares of Omega Healthcare Investors by 12.3% during the fourth quarter. Plan Group Financial LLC now owns 25,996 shares of the real estate investment trust’s stock worth $984,000 after purchasing an additional 2,838 shares during the period. New York State Common Retirement Fund increased its stake in Omega Healthcare Investors by 1.6% during the 4th quarter. New York State Common Retirement Fund now owns 190,782 shares of the real estate investment trust’s stock valued at $7,221,000 after purchasing an additional 3,000 shares in the last quarter. Kestra Investment Management LLC raised its holdings in Omega Healthcare Investors by 47.3% during the fourth quarter. Kestra Investment Management LLC now owns 24,972 shares of the real estate investment trust’s stock worth $945,000 after buying an additional 8,021 shares during the last quarter. Atria Wealth Solutions Inc. lifted its stake in shares of Omega Healthcare Investors by 15.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 62,053 shares of the real estate investment trust’s stock valued at $2,349,000 after buying an additional 8,416 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in shares of Omega Healthcare Investors by 55.7% during the fourth quarter. Venturi Wealth Management LLC now owns 1,960 shares of the real estate investment trust’s stock valued at $74,000 after buying an additional 701 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on OHI shares. Mizuho upped 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. Royal Bank of Canada increased their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a report on Monday, December 9th. Finally, JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $36.87 on Friday. The firm has a market capitalization of $10.39 billion, a P/E ratio of 23.79, a price-to-earnings-growth ratio of 1.09 and a beta of 0.99. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The business’s fifty day simple moving average is $37.21 and its 200 day simple moving average is $39.01. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last posted 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 net margin of 38.65% and a return on equity of 9.71%. As a group, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.27%. Omega Healthcare Investors’s payout ratio is 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.