Omega Healthcare Investors, Inc. (NYSE:OHI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have been given an average recommendation of “Moderate Buy” by the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $47.8182.

OHI has been the subject of a number of research analyst reports. Scotiabank increased their target price on Omega Healthcare Investors from $45.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a $45.00 price target on shares of Omega Healthcare Investors in a research note on Monday, December 15th. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday. BMO Capital Markets downgraded Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price objective for the company. in a research note on Friday, January 9th. Finally, Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $48.00 to $45.00 in a report on Thursday, January 29th.

Institutional Trading of Omega Healthcare Investors

Several large investors have recently bought and sold shares of the business. Resources Management Corp CT ADV lifted its stake in Omega Healthcare Investors by 300.0% in the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 450 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at approximately $37,000. Salem Investment Counselors Inc. purchased a new stake in shares of Omega Healthcare Investors in the third quarter valued at approximately $39,000. Finally, Rothschild Investment LLC increased its holdings in shares of Omega Healthcare Investors by 283.7% in the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 698 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 0.1%

Shares of Omega Healthcare Investors stock opened at $44.84 on Tuesday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors has a twelve month low of $35.04 and a twelve month high of $49.14. The firm has a market capitalization of $13.25 billion, a PE ratio of 23.23, a P/E/G ratio of 1.88 and a beta of 0.54. The firm’s 50-day moving average price is $45.97 and its 200 day moving average price is $44.08.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio is 138.86%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.