Omega Healthcare Investors, Inc. (NYSE:OHI) Receives $41.10 Consensus PT from Brokerages

Omega Healthcare Investors, Inc. (NYSE:OHI) has been assigned an average recommendation of “Moderate Buy” from the eleven analysts that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $41.10.

Several brokerages recently commented on OHI. Berenberg Bank started coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 price objective for the company. BNP Paribas raised 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. Royal Bank of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Mizuho lifted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Finally, BMO Capital Markets upgraded shares of 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.

Institutional Investors Weigh In On Omega Healthcare Investors

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in Omega Healthcare Investors by 3.1% in the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock worth $261,589,000 after acquiring an additional 192,465 shares during the last quarter. State Street Corp boosted its holdings in shares of Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares during the period. Assetmark Inc. grew its stake in shares of Omega Healthcare Investors by 1.7% in the third quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust’s stock worth $48,492,000 after purchasing an additional 19,542 shares during the last quarter. Tallon Kerry Patrick purchased a new position in Omega Healthcare Investors during the 4th quarter valued at about $1,250,000. Finally, BNP Paribas Financial Markets raised its position in Omega Healthcare Investors by 120.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after purchasing an additional 123,836 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.3 %

OHI stock opened at $37.19 on Thursday. The stock has a 50-day simple moving average of $38.54 and a two-hundred day simple moving average of $38.90. Omega Healthcare Investors has a twelve month low of $27.53 and a twelve month high of $44.42. The firm has a market capitalization of $10.04 billion, a PE ratio of 27.34, a PEG ratio of 1.08 and a beta of 0.99. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10.

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.