Omega Healthcare Investors, Inc. (NYSE:OHI) Stake Boosted by Assetmark Inc.

Assetmark Inc. increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.9% in the fourth quarter, HoldingsChannel reports. The firm owned 1,225,923 shares of the real estate investment trust’s stock after purchasing an additional 34,463 shares during the period. Assetmark Inc.’s holdings in Omega Healthcare Investors were worth $46,401,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of OHI. US Bancorp DE boosted its holdings in Omega Healthcare Investors by 6.3% in the third quarter. US Bancorp DE now owns 15,864 shares of the real estate investment trust’s stock worth $646,000 after purchasing an additional 937 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Omega Healthcare Investors by 141.5% in the third quarter. Farther Finance Advisors LLC now owns 2,746 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 1,609 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Omega Healthcare Investors by 1.7% in the third quarter. Janney Montgomery Scott LLC now owns 31,493 shares of the real estate investment trust’s stock worth $1,282,000 after purchasing an additional 526 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in Omega Healthcare Investors in the third quarter worth $53,000. Finally, Van ECK Associates Corp boosted its holdings in Omega Healthcare Investors by 15.4% in the third quarter. Van ECK Associates Corp now owns 100,145 shares of the real estate investment trust’s stock worth $4,167,000 after purchasing an additional 13,367 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $37.60 on Thursday. The business’s 50-day simple moving average is $37.17 and its 200 day simple moving average is $39.02. The stock has a market cap of $10.60 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 1.09 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month 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.

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

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.13%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OHI. BMO Capital Markets upgraded shares of 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. Royal Bank of Canada boosted their target price on shares of 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. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Mizuho boosted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock 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 issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.67.

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.