Stonebridge Financial Group LLC Makes New $26,000 Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Stonebridge Financial Group LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 687 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Several other institutional investors also recently modified their holdings of OHI. Grove Bank & Trust acquired a new position in Omega Healthcare Investors during the fourth quarter worth approximately $30,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. Dunhill Financial LLC bought a new stake in Omega Healthcare Investors in the 3rd quarter valued at $31,000. DiNuzzo Private Wealth Inc. acquired a new stake in Omega Healthcare Investors during the 3rd quarter valued at $33,000. Finally, V Square Quantitative Management LLC boosted its position in Omega Healthcare Investors by 49.5% during the third quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 323 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Up 0.1 %

OHI stock opened at $36.40 on Friday. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The business has a 50-day simple moving average of $37.74 and a 200 day simple moving average of $39.07. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a market cap of $9.83 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.36%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Analysts Set New Price Targets

OHI has been the subject of a number of research reports. Royal Bank of Canada raised their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research note on Monday, November 11th. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective for the company in a report on Thursday, October 31st. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Berenberg Bank assumed coverage on Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective on the stock. Finally, BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research report on Monday, December 9th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.67.

Omega Healthcare Investors Company 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.