GAMMA Investing LLC Increases Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

GAMMA Investing LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 14.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,004 shares of the real estate investment trust’s stock after buying an additional 504 shares during the quarter. GAMMA Investing LLC’s holdings in Omega Healthcare Investors were worth $152,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Natixis Advisors LLC lifted its holdings in shares of Omega Healthcare Investors by 14.4% in the second quarter. Natixis Advisors LLC now owns 31,380 shares of the real estate investment trust’s stock worth $1,075,000 after buying an additional 3,948 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Omega Healthcare Investors by 3.1% during the 2nd quarter. Victory Capital Management Inc. now owns 52,146 shares of the real estate investment trust’s stock valued at $1,786,000 after purchasing an additional 1,552 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Omega Healthcare Investors during the second quarter valued at about $347,000. Wedbush Securities Inc. grew its position in shares of Omega Healthcare Investors by 6.3% during the second quarter. Wedbush Securities Inc. now owns 19,848 shares of the real estate investment trust’s stock valued at $680,000 after purchasing an additional 1,182 shares in the last quarter. Finally, AGF Management Ltd. increased its holdings in shares of Omega Healthcare Investors by 3.2% in the second quarter. AGF Management Ltd. now owns 75,150 shares of the real estate investment trust’s stock worth $2,574,000 after purchasing an additional 2,331 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

OHI has been the subject of several research analyst reports. Berenberg Bank began coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 price target for the company. Royal Bank of Canada raised their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a report on Monday, November 11th. Mizuho upped their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research note on Monday, December 9th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a report on Tuesday, October 1st. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $40.18.

Omega Healthcare Investors Stock Up 2.5 %

Shares of NYSE:OHI opened at $37.81 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The business has a 50 day simple moving average of $39.25 and a two-hundred day simple moving average of $38.63. Omega Healthcare Investors, Inc. has a 1 year low of $27.53 and a 1 year high of $44.42. The firm has a market capitalization of $10.21 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 1.22 and a beta of 0.99.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a yield of 7.09%. Omega Healthcare Investors’s payout ratio is 197.06%.

Omega Healthcare Investors 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.