UMB Bank n.a. Raises Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

UMB Bank n.a. raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 68.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,116 shares of the real estate investment trust’s stock after purchasing an additional 454 shares during the period. UMB Bank n.a.’s holdings in Omega Healthcare Investors were worth $42,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors in the 4th quarter valued at $30,000. True Wealth Design LLC purchased a new position in Omega Healthcare Investors during the third quarter valued at $31,000. Dunhill Financial LLC purchased a new position in Omega Healthcare Investors during the third quarter valued at $31,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Omega Healthcare Investors in the third quarter valued at about $33,000. Finally, V Square Quantitative Management LLC increased its stake in shares of 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 in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. 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. Royal Bank of Canada lifted their price target on 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. Wells Fargo & Company reissued an “overweight” rating and issued a $43.00 price objective (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Mizuho lifted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note 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 target price for the company in a research report on Monday, December 9th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.10.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $37.19 on Friday. The firm’s 50-day moving average is $38.54 and its two-hundred day moving average is $38.90. The company has a market capitalization of $10.04 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 1.08 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 12 month low of $27.53 and a 12 month high of $44.42. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48.

About Omega Healthcare Investors

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.