Asset Management One Co. Ltd. Sells 14,340 Shares of Omega Healthcare Investors, Inc. $OHI

Asset Management One Co. Ltd. lowered its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 510,056 shares of the real estate investment trust’s stock after selling 14,340 shares during the period. Asset Management One Co. Ltd. owned approximately 0.17% of Omega Healthcare Investors worth $22,748,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Stillwater Wealth Management Group boosted its holdings in Omega Healthcare Investors by 9.2% in the 4th quarter. Stillwater Wealth Management Group now owns 9,543 shares of the real estate investment trust’s stock valued at $423,000 after purchasing an additional 803 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Omega Healthcare Investors by 35.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,772 shares of the real estate investment trust’s stock valued at $389,000 after purchasing an additional 2,282 shares during the period. JNBA Financial Advisors boosted its holdings in Omega Healthcare Investors by 177.5% in the 4th quarter. JNBA Financial Advisors now owns 1,837 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 1,175 shares during the period. Cornerstone Wealth Group LLC boosted its holdings in Omega Healthcare Investors by 8.5% in the 4th quarter. Cornerstone Wealth Group LLC now owns 11,340 shares of the real estate investment trust’s stock valued at $503,000 after purchasing an additional 889 shares during the period. Finally, CWM LLC boosted its holdings in Omega Healthcare Investors by 32.2% in the 4th quarter. CWM LLC now owns 73,716 shares of the real estate investment trust’s stock valued at $3,269,000 after purchasing an additional 17,966 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

OHI stock opened at $46.80 on Monday. The company has a 50 day simple moving average of $46.42 and a 200 day simple moving average of $44.49. The stock has a market cap of $13.83 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 2.08 and a beta of 0.59. Omega Healthcare Investors, Inc. has a 1 year low of $35.08 and a 1 year high of $49.14. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.04 and a quick ratio of 5.04.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 5.7%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio is 138.86%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on OHI shares. UBS Group reissued a “buy” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a report on Friday, February 6th. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. BMO Capital Markets cut shares of Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 target price for the company. in a research report on Friday, January 9th. The Goldman Sachs Group started coverage on shares of Omega Healthcare Investors in a research report on Friday, January 9th. They issued a “buy” rating and a $54.00 target price for the company. Finally, Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $45.00 to $47.00 and gave the company an “equal weight” rating in a research report on Thursday, March 26th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $47.83.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.