Sumitomo Mitsui DS Asset Management Company Ltd Acquires 5,826 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 53,869 shares of the real estate investment trust’s stock after buying an additional 5,826 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Omega Healthcare Investors were worth $2,039,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in OHI. UMB Bank n.a. increased its position in Omega Healthcare Investors by 353.4% during the third 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 period. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors in the 4th quarter worth $30,000. True Wealth Design LLC bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $31,000. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter valued at about $31,000. Finally, DiNuzzo Private Wealth Inc. acquired a new position in shares of Omega Healthcare Investors during the third quarter valued at about $33,000. 65.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OHI shares. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. Berenberg Bank began coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 price objective on the stock. Mizuho raised their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Royal Bank of Canada boosted 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 report on Monday, November 11th. Finally, BNP Paribas raised 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. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $41.67.

Omega Healthcare Investors Trading Down 2.7 %

Shares of Omega Healthcare Investors stock opened at $36.88 on Tuesday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The stock has a market capitalization of $9.96 billion, a P/E ratio of 23.79, a price-to-earnings-growth ratio of 1.11 and a beta of 0.99. The company has a 50-day simple moving average of $38.00 and a 200 day simple moving average of $39.11. The company has a quick ratio of 6.48, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating 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%. Research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

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.