International Assets Investment Management LLC Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

International Assets Investment Management LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2,977.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,089 shares of the real estate investment trust’s stock after purchasing an additional 124,894 shares during the period. International Assets Investment Management LLC’s holdings in Omega Healthcare Investors were worth $4,210,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Qube Research & Technologies Ltd purchased a new stake in Omega Healthcare Investors in the third quarter valued at $25,000. Resurgent Financial Advisors LLC purchased a new stake in Omega Healthcare Investors in the fourth quarter valued at $27,000. Peoples Bank KS purchased a new stake in Omega Healthcare Investors in the third quarter valued at $33,000. Point72 Asset Management L.P. purchased a new stake in Omega Healthcare Investors in the second quarter valued at $32,000. Finally, NBC Securities Inc. purchased a new stake in Omega Healthcare Investors in the third quarter valued at $34,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 0.7 %

Shares of Omega Healthcare Investors stock opened at $30.11 on Wednesday. Omega Healthcare Investors, Inc. has a 52-week low of $26.00 and a 52-week high of $34.77. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35. The company’s 50-day simple moving average is $30.99 and its 200-day simple moving average is $31.24. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 30.41, a price-to-earnings-growth ratio of 9.99 and a beta of 0.91.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Monday, February 5th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.90%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 2nd. Omega Healthcare Investors’s payout ratio is 270.71%.

Wall Street Analyst Weigh In

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

Omega Healthcare Investors Company 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.