GAMMA Investing LLC Raises Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

GAMMA Investing LLC increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,004 shares of the real estate investment trust’s stock after purchasing an additional 504 shares during the period. GAMMA Investing LLC’s holdings in Omega Healthcare Investors were worth $152,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in OHI. Allworth Financial LP raised its holdings in Omega Healthcare Investors by 12.0% in the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust’s stock worth $93,000 after purchasing an additional 244 shares in the last quarter. Venturi Wealth Management LLC raised its stake in shares of Omega Healthcare Investors by 29.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 286 shares in the last quarter. NCP Inc. lifted its position in Omega Healthcare Investors by 10.3% during the second quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 310 shares during the last quarter. V Square Quantitative Management LLC boosted its stake in Omega Healthcare Investors by 49.5% in the third quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 323 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after purchasing an additional 331 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $37.81 on Friday. The stock has a market cap of $10.21 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 1.22 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $44.42. The business has a 50-day simple moving average of $39.25 and a 200-day simple moving average of $38.63. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid 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 7.09%. Omega Healthcare Investors’s payout ratio is 197.06%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Berenberg Bank started coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. Royal Bank of Canada increased their price target on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Wells Fargo & Company reissued an “overweight” rating and set a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. BMO Capital Markets raised 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 report on Monday, December 9th. Finally, BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently 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.