Omega Healthcare Investors (NYSE:OHI) Stock Rating Reaffirmed by JMP Securities

Omega Healthcare Investors (NYSE:OHI)‘s stock had its “market perform” rating reaffirmed by equities researchers at JMP Securities in a report issued on Monday, Benzinga reports.

Other research analysts also recently issued reports about the stock. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th. Citigroup raised Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $35.00 in a research note on Friday, March 22nd. Truist Financial boosted their target price on Omega Healthcare Investors from $31.00 to $32.00 and gave the stock a “hold” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Omega Healthcare Investors in a research note on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, BNP Paribas upgraded shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective for the company in a research report on Thursday, February 8th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $33.63.

Omega Healthcare Investors Trading Down 0.6 %

Shares of Omega Healthcare Investors stock opened at $30.94 on Monday. The firm’s 50-day moving average price is $30.97 and its two-hundred day moving average price is $30.94. The company has a market capitalization of $7.64 billion, a price-to-earnings ratio of 27.87, a PEG ratio of 10.26 and a beta of 0.92. The company has a quick ratio of 6.76, a current ratio of 6.68 and a debt-to-equity ratio of 1.36. Omega Healthcare Investors has a 12-month low of $27.53 and a 12-month high of $34.77.

Institutional Investors Weigh In On Omega Healthcare Investors

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Left Brain Wealth Management LLC boosted its holdings in Omega Healthcare Investors by 2.0% in the fourth quarter. Left Brain Wealth Management LLC now owns 17,365 shares of the real estate investment trust’s stock valued at $532,000 after acquiring an additional 335 shares during the last quarter. Royal Fund Management LLC boosted its stake in shares of Omega Healthcare Investors by 1.0% in the 4th quarter. Royal Fund Management LLC now owns 35,656 shares of the real estate investment trust’s stock valued at $1,093,000 after purchasing an additional 369 shares during the last quarter. Choreo LLC increased its position in shares of Omega Healthcare Investors by 3.5% during the third quarter. Choreo LLC now owns 11,368 shares of the real estate investment trust’s stock worth $377,000 after buying an additional 381 shares during the period. Quadrant Capital Group LLC increased its position in shares of Omega Healthcare Investors by 11.5% during the fourth quarter. Quadrant Capital Group LLC now owns 3,834 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 394 shares during the period. Finally, Global Retirement Partners LLC raised its stake in Omega Healthcare Investors by 2.5% during the first quarter. Global Retirement Partners LLC now owns 16,355 shares of the real estate investment trust’s stock worth $518,000 after buying an additional 400 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

About Omega Healthcare Investors

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.