DekaBank Deutsche Girozentrale Sells 25,732 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

DekaBank Deutsche Girozentrale trimmed its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 25.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 77,305 shares of the real estate investment trust’s stock after selling 25,732 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Omega Healthcare Investors were worth $2,366,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in OHI. Qube Research & Technologies Ltd acquired a new stake in Omega Healthcare Investors in the 3rd quarter valued at $25,000. Resurgent Financial Advisors LLC acquired a new position in Omega Healthcare Investors in the fourth quarter worth $27,000. Point72 Asset Management L.P. acquired a new position in Omega Healthcare Investors in the second quarter worth $32,000. Peoples Bank KS acquired a new position in Omega Healthcare Investors in the third quarter worth $33,000. Finally, NBC Securities Inc. acquired a new position in Omega Healthcare Investors in the third quarter worth $34,000. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Down 0.6 %

NYSE:OHI opened at $30.50 on Friday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.76 and a current ratio of 6.76. The company has a market cap of $7.48 billion, a PE ratio of 30.81, a PEG ratio of 10.05 and a beta of 0.91. Omega Healthcare Investors, Inc. has a 52-week low of $26.00 and a 52-week high of $34.77. The stock has a 50-day simple moving average of $30.90 and a 200 day simple moving average of $31.29.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, February 5th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, February 2nd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.18. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.79%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 270.71%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Mizuho reduced their price objective on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd. Deutsche Bank Aktiengesellschaft initiated coverage on Omega Healthcare Investors in a research report on Tuesday, January 30th. They set a “buy” rating and a $36.00 target price for the company. BNP Paribas upgraded Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 target price for the company in a research report on Thursday, February 8th. Bank of America downgraded Omega Healthcare Investors from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $33.00 to $31.00 in a research report on Tuesday, January 16th. Finally, Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and upped their price objective for the company from $32.00 to $35.00 in a report on Friday, March 22nd. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Hold” and a consensus target price of $33.58.

Omega Healthcare Investors 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.