Thompson Investment Management Inc. Sells 815 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Thompson Investment Management Inc. lowered its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,871 shares of the real estate investment trust’s stock after selling 815 shares during the period. Thompson Investment Management Inc.’s holdings in Omega Healthcare Investors were worth $790,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of OHI. UMB Bank n.a. grew its position in shares of Omega Healthcare Investors by 353.4% in the 3rd quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 516 shares during the last quarter. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $31,000. Dunhill Financial LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI opened at $37.94 on Friday. The company’s fifty day moving average price is $38.00 and its 200 day moving average price is $39.07. Omega Healthcare Investors, Inc. has a 1 year low of $29.17 and a 1 year high of $44.42. The company has a market capitalization of $10.24 billion, a PE ratio of 24.48, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 6.48 and a current ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.06%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Ratings Changes

A number of brokerages have issued reports on OHI. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday. Royal Bank of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. 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 note on Monday, December 9th. Berenberg Bank started coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They issued a “buy” rating and a $45.00 price objective on the stock. Finally, BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price objective on the stock in a research note on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of “Moderate Buy” and an average target price of $41.67.

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.