Omega Healthcare Investors, Inc. (NYSE:OHI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Omega Healthcare Investors, Inc. (NYSE:OHI) have received an average recommendation of “Moderate Buy” from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $40.18.

OHI has been the topic of several analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Mizuho increased 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 report on Thursday, December 5th. BNP Paribas upgraded shares of 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 increased 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 report on Monday, November 11th. Finally, BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a report on Monday, December 9th.

Institutional Investors Weigh In On Omega Healthcare Investors

A number of hedge funds and other institutional investors have recently bought and sold shares of OHI. UMB Bank n.a. boosted its position in Omega Healthcare Investors by 353.4% during the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 516 shares during the last quarter. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the third quarter worth $31,000. Dunhill Financial LLC bought a new position in Omega Healthcare Investors in the third quarter valued at $31,000. DiNuzzo Private Wealth Inc. acquired a new stake in Omega Healthcare Investors in the 3rd quarter valued at $33,000. Finally, V Square Quantitative Management LLC lifted its position in Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 323 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

OHI stock opened at $37.87 on Friday. Omega Healthcare Investors has a twelve month low of $27.53 and a twelve month high of $44.42. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The company has a market cap of $10.22 billion, a P/E ratio of 27.85, a price-to-earnings-growth ratio of 1.22 and a beta of 0.98. The business’s fifty day moving average is $39.69 and its 200-day moving average is $38.46.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a $0.67 dividend. The ex-dividend date was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.08%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 197.06%.

Omega Healthcare Investors Company 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.