11,634 Shares in Omega Healthcare Investors, Inc. $OHI Acquired by Krilogy Financial LLC

Krilogy Financial LLC bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,634 shares of the real estate investment trust’s stock, valued at approximately $500,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Omega Healthcare Investors by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 40,765,481 shares of the real estate investment trust’s stock valued at $1,494,055,000 after buying an additional 1,210,595 shares in the last quarter. State Street Corp raised its holdings in Omega Healthcare Investors by 4.8% during the 2nd quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock valued at $534,792,000 after acquiring an additional 671,473 shares during the period. Geode Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 4.6% during the second quarter. Geode Capital Management LLC now owns 7,377,761 shares of the real estate investment trust’s stock worth $270,426,000 after acquiring an additional 326,595 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Omega Healthcare Investors by 2.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 4,201,353 shares of the real estate investment trust’s stock worth $153,980,000 after acquiring an additional 100,462 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Omega Healthcare Investors by 6.8% in the third quarter. Bank of New York Mellon Corp now owns 3,761,216 shares of the real estate investment trust’s stock valued at $158,799,000 after purchasing an additional 239,134 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group assumed coverage on Omega Healthcare Investors in a research report on Friday, January 9th. They set a “buy” rating and a $54.00 price target on the stock. UBS Group reaffirmed a “buy” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a report on Friday, February 6th. Cantor Fitzgerald raised their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. BMO Capital Markets lowered shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price target for the company. in a research report on Friday, January 9th. Finally, Royal Bank Of Canada upped their price target on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $47.36.

Omega Healthcare Investors Price Performance

OHI opened at $47.41 on Friday. The company has a current ratio of 5.04, a quick ratio of 7.11 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $14.01 billion, a P/E ratio of 24.57, a PEG ratio of 1.53 and a beta of 0.57. The stock has a 50-day moving average price of $44.46 and a 200-day moving average price of $42.94. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $47.94.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 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.