1 day Ago By ABMN Staff
Wells Fargo & Company MN raised its holdings in shares of Omega Healthcare Investors, Inc. ( NYSE:OHI – Free Report ) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 475,922 shares of the real estate investment trust’s stock after buying an additional 14,068 shares during the quarter. Wells Fargo & Company MN owned about 0.18% of Omega Healthcare Investors worth $18,014,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter valued at $26,000. Grove Bank & Trust bought a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at about $30,000.
Kentucky Trust Co acquired a new stake in Omega Healthcare Investors during the fourth quarter worth about $38,000. UMB Bank n.a.
increased its stake in Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.
a. now owns 1,116 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 454 shares during the period. Finally, V Square Quantitative Management LLC raised its holdings in Omega Healthcare Investors by 44.
5% in the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 434 shares in the last quarter. 65.
25% of the stock is owned by institutional investors. Analyst Upgrades and Downgrades A number of research firms have recently issued reports on OHI. Truist Financial boosted their price objective on Omega Healthcare Investors from $38.
00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday, March 18th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th.
Finally, Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $41.00 to $39.00 in a research report on Thursday, March 27th.
Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Hold” and an average price target of $42.00.
Omega Healthcare Investors Trading Up 0.5 % Shares of Omega Healthcare Investors stock opened at $37.84 on Monday.
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 $10.66 billion, a P/E ratio of 24.
41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75.
The company has a 50-day simple moving average of $37.15 and a 200 day simple moving average of $38.53.
The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.
02. Omega Healthcare Investors ( NYSE:OHI – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.
74 earnings per share for the quarter, topping the consensus estimate 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 Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a $0.67 dividend.
This represents a $2.68 dividend on an annualized basis and a yield of 7.08%.
The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.
Omega Healthcare Investors Profile ( Free Report ) 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. Featured Articles Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter .
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