Omega Healthcare Investors (NYSE:OHI) Earns Market Perform Rating from JMP Securities

Omega Healthcare Investors (NYSE:OHI)‘s stock had its “market perform” rating restated by equities researchers at JMP Securities in a research note issued on Monday, Benzinga reports.

Other research analysts have also recently issued research reports about the company. Truist Financial raised their target price on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research note on Tuesday, April 2nd. Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $31.00 to $35.00 in a report on Monday, February 26th. Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $33.00 to $31.00 in a research note on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft started coverage on shares of Omega Healthcare Investors in a research note on Tuesday, January 30th. They set a “buy” rating and a $36.00 price objective on the stock. Finally, 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 research note on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average target price of $33.63.

Omega Healthcare Investors Price Performance

OHI stock opened at $30.94 on Monday. The firm has a 50-day moving average of $30.97 and a 200 day moving average of $30.94. The company has a debt-to-equity ratio of 1.36, a current ratio of 6.68 and a quick ratio of 6.76. The company has a market cap of $7.64 billion, a P/E ratio of 27.87, a PEG ratio of 10.26 and a beta of 0.92. Omega Healthcare Investors has a 1 year low of $27.53 and a 1 year high of $34.77.

Institutional Trading of Omega Healthcare Investors

Institutional investors and hedge funds have recently modified their holdings of the business. Jump Financial LLC increased its holdings in Omega Healthcare Investors by 547.8% in the 3rd quarter. Jump Financial LLC now owns 82,311 shares of the real estate investment trust’s stock worth $2,729,000 after buying an additional 69,605 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Omega Healthcare Investors by 9.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 663,890 shares of the real estate investment trust’s stock valued at $20,355,000 after purchasing an additional 58,198 shares during the last quarter. State of Alaska Department of Revenue lifted its position in Omega Healthcare Investors by 0.9% during the fourth quarter. State of Alaska Department of Revenue now owns 142,445 shares of the real estate investment trust’s stock valued at $4,367,000 after purchasing an additional 1,232 shares during the period. Vanguard Group Inc. boosted its holdings in Omega Healthcare Investors by 3.0% in the third quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock worth $1,156,219,000 after purchasing an additional 1,003,927 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Omega Healthcare Investors by 6.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 155,078 shares of the real estate investment trust’s stock worth $4,755,000 after purchasing an additional 9,473 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

About Omega Healthcare Investors

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.