DekaBank Deutsche Girozentrale boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,759 shares of the real estate investment trust’s stock after acquiring an additional 9,210 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Omega Healthcare Investors were worth $3,212,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth about $25,000. Atticus Wealth Management LLC bought a new position in Omega Healthcare Investors in the fourth quarter valued at $25,000. National Bank of Canada FI lifted its position in Omega Healthcare Investors by 1,146.7% during the 4th quarter. National Bank of Canada FI now owns 935 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 860 shares in the last quarter. Castle Wealth Management LLC acquired a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $29,000. Finally, Private Trust Co. NA bought a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at about $48,000. 63.58% of the stock is owned by institutional investors and hedge funds.
Omega Healthcare Investors Stock Performance
OHI opened at $26.81 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 5.01 and a quick ratio of 5.01. The business has a fifty day simple moving average of $27.40 and a 200 day simple moving average of $28.84. Omega Healthcare Investors, Inc. has a 1 year low of $24.81 and a 1 year high of $33.71. The company has a market capitalization of $6.28 billion, a PE ratio of 14.98 and a beta of 1.02.
Omega Healthcare Investors Dividend Announcement
Analysts Set New Price Targets
Several analysts recently issued reports on OHI shares. Citigroup dropped their target price on Omega Healthcare Investors from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, February 22nd. Credit Suisse Group reaffirmed an “underperform” rating and set a $25.00 price target on shares of Omega Healthcare Investors in a research report on Friday, March 31st. Wells Fargo & Company started coverage on shares of Omega Healthcare Investors in a research report on Wednesday. They issued an “overweight” rating for the company. Robert W. Baird dropped their target price on shares of Omega Healthcare Investors from $32.00 to $29.00 in a report on Friday, January 13th. Finally, Raymond James lowered their price target on Omega Healthcare Investors from $35.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 15th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Hold” and an average target price of $30.22.
Omega Healthcare Investors 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.
Read More
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