Aperio Group LLC reduced its position in shares of Omega Healthcare Investors Inc (NYSE:OHI) by 73.7% in the 4th quarter, HoldingsChannel reports. The firm owned 86,578 shares of the real estate investment trust’s stock after selling 242,044 shares during the period. Aperio Group LLC’s holdings in Omega Healthcare Investors were worth $2,384,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barnett & Company Inc. raised its holdings in Omega Healthcare Investors by 1,980.0% during the third quarter. Barnett & Company Inc. now owns 5,200 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 4,950 shares in the last quarter. Mcmillion Capital Management Inc. purchased a new position in Omega Healthcare Investors during the third quarter worth about $201,000. Timber Hill LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $206,000. Good Life Advisors LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $209,000. Finally, Lourd Capital LLC purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $202,000. 71.90% of the stock is owned by hedge funds and other institutional investors.
Omega Healthcare Investors Inc (NYSE OHI) opened at $26.45 on Wednesday. Omega Healthcare Investors Inc has a 1-year low of $24.90 and a 1-year high of $35.14. The company has a debt-to-equity ratio of 1.18, a current ratio of 3.55 and a quick ratio of 3.40. The stock has a market cap of $5,220.00, a PE ratio of 57.50, a price-to-earnings-growth ratio of 3.02 and a beta of 0.41.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 9.98%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.65. The ex-dividend date was Tuesday, January 30th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 573.91%.
In other Omega Healthcare Investors news, Director Bernard J. Korman acquired 100,000 shares of the company’s stock in a transaction dated Friday, December 22nd. The stock was acquired at an average cost of $26.89 per share, with a total value of $2,689,000.00. Following the purchase, the director now directly owns 896,895 shares in the company, valued at approximately $24,117,506.55. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.54% of the company’s stock.
A number of research analysts have issued reports on the stock. Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $32.96 target price for the company. in a report on Monday, October 30th. Stifel Nicolaus cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and dropped their target price for the company from $35.00 to $29.00 in a report on Tuesday, October 31st. SunTrust Banks reaffirmed a “hold” rating and issued a $30.00 target price on shares of Omega Healthcare Investors in a report on Wednesday, November 1st. Hilliard Lyons cut shares of Omega Healthcare Investors to a “buy” rating in a report on Wednesday, November 1st. Finally, TheStreet cut shares of Omega Healthcare Investors from a “b-” rating to a “c” rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $31.37.
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Omega Healthcare Investors Company Profile
Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.
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