Significant Wealth Partners LLC Acquires Shares of 13,755 Omega Healthcare Investors, Inc. (NYSE:OHI)

Significant Wealth Partners LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 13,755 shares of the real estate investment trust’s stock, valued at approximately $422,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Omega Healthcare Investors by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock valued at $1,156,219,000 after purchasing an additional 1,003,927 shares during the last quarter. FMR LLC grew its position in shares of Omega Healthcare Investors by 96.5% in the 3rd quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust’s stock valued at $98,908,000 after buying an additional 1,464,693 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Omega Healthcare Investors by 8.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,824,071 shares of the real estate investment trust’s stock valued at $93,646,000 after buying an additional 227,609 shares during the last quarter. Northern Trust Corp grew its position in shares of Omega Healthcare Investors by 1.0% in the 3rd quarter. Northern Trust Corp now owns 1,918,137 shares of the real estate investment trust’s stock valued at $63,605,000 after buying an additional 19,903 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Omega Healthcare Investors by 60.7% in the 3rd quarter. Invesco Ltd. now owns 1,345,372 shares of the real estate investment trust’s stock valued at $44,613,000 after buying an additional 508,327 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OHI has been the topic of a number of recent analyst reports. Mizuho dropped their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Omega Healthcare Investors in a research report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 target price on the stock. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 target price on the stock in a research report on Thursday, February 8th. Wells Fargo & Company raised shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $31.00 to $35.00 in a research report on Monday, February 26th. Finally, Citigroup raised shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and increased their target price for the company from $32.00 to $35.00 in a research report on Friday, March 22nd. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average price target of $33.58.

Omega Healthcare Investors Stock Down 0.5 %

Shares of NYSE:OHI opened at $30.26 on Tuesday. The stock has a market cap of $7.42 billion, a P/E ratio of 30.57, a P/E/G ratio of 9.96 and a beta of 0.91. The firm has a fifty day moving average price of $31.01 and a 200 day moving average price of $31.17. The company has a debt-to-equity ratio of 1.35, a current ratio of 6.76 and a quick ratio of 6.76. Omega Healthcare Investors, Inc. has a 1-year low of $26.00 and a 1-year high of $34.77.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 8.86%. The ex-dividend date is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 270.71%.

Omega Healthcare Investors Company Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.