Janney Montgomery Scott LLC Increases Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Janney Montgomery Scott LLC grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.2% during the 4th quarter, Holdings Channel reports. The firm owned 32,802 shares of the real estate investment trust’s stock after buying an additional 1,309 shares during the period. Janney Montgomery Scott LLC’s holdings in Omega Healthcare Investors were worth $1,242,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

OHI has been the subject of a number of recent research reports. Royal Bank of Canada lifted their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Mizuho lifted 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 note on Thursday, December 5th. BNP Paribas raised Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target 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. Finally, 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 research report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Trading Down 0.7 %

Shares of OHI opened at $37.62 on Wednesday. The stock’s fifty day simple moving average is $38.22 and its 200 day simple moving average is $39.06. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve 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 $10.16 billion, a P/E ratio of 27.66, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.12%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 197.06%.

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.