Lincoln National Corp lowered its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) by 20.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,800 shares of the real estate investment trust’s stock after selling 2,008 shares during the period. Lincoln National Corp’s holdings in Omega Healthcare Investors were worth $218,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of OHI. BlackRock Inc. raised its stake in shares of Omega Healthcare Investors by 3.9% during the 3rd quarter. BlackRock Inc. now owns 27,590,673 shares of the real estate investment trust’s stock worth $813,650,000 after purchasing an additional 1,024,759 shares in the last quarter. State Street Corp increased its stake in shares of Omega Healthcare Investors by 14.8% during the 1st quarter. State Street Corp now owns 13,300,467 shares of the real estate investment trust’s stock worth $414,443,000 after purchasing an additional 1,715,004 shares during the last quarter. Edmp Inc. increased its holdings in shares of Omega Healthcare Investors by 2,534.9% during the 4th quarter. Edmp Inc. now owns 3,800,453 shares of the real estate investment trust’s stock valued at $135,973,000 after acquiring an additional 3,656,216 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Omega Healthcare Investors by 9.5% in the 3rd quarter. Federated Hermes Inc. now owns 2,817,436 shares of the real estate investment trust’s stock valued at $83,086,000 after acquiring an additional 244,179 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in Omega Healthcare Investors by 3.1% in the 2nd quarter. Legal & General Group Plc now owns 1,803,170 shares of the real estate investment trust’s stock worth $50,832,000 after purchasing an additional 54,561 shares during the last quarter. Institutional investors and hedge funds own 63.58% of the company’s stock.
Omega Healthcare Investors Price Performance
Shares of OHI opened at $29.31 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 4.76 and a current ratio of 4.76. The stock has a 50 day simple moving average of $27.38 and a 200 day simple moving average of $28.59. Omega Healthcare Investors, Inc. has a 52-week low of $25.61 and a 52-week high of $33.71. The firm has a market capitalization of $6.87 billion, a PE ratio of 25.49 and a beta of 1.01.
Omega Healthcare Investors Increases Dividend
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Omega Healthcare Investors in a research report on Wednesday, April 19th. They issued an “overweight” rating and a $30.00 price target on the stock. Robert W. Baird cut their target price on shares of Omega Healthcare Investors from $32.00 to $29.00 in a research report on Friday, January 13th. 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. Stifel Nicolaus cut their price objective on Omega Healthcare Investors from $36.00 to $33.00 in a research report on Wednesday, May 3rd. Finally, Citigroup cut their price objective on Omega Healthcare Investors from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, February 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $30.60.
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.
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