The Omega Healthcare Investors, Inc. (OHI) Receives Equal Weight Rating from Capital One Financial Corporation

The Omega Healthcare Investors, Inc. (OHI) Receives Equal Weight Rating from Capital One Financial Corporation

Capital One Financial Corporation reiterated their equal weight rating on shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in a research note published on Sunday morning.

Other equities research analysts also recently issued reports about the company. ValuEngine downgraded Omega Healthcare Investors from a buy rating to a hold rating in a research note on Wednesday, September 6th. Jefferies Group LLC reaffirmed a hold rating and set a $30.00 price target on shares of Omega Healthcare Investors in a research note on Tuesday, October 3rd. Vetr downgraded Omega Healthcare Investors from a buy rating to a hold rating and set a $33.33 price target for the company. in a research note on Thursday, October 19th. BidaskClub downgraded Omega Healthcare Investors from a hold rating to a sell rating in a research note on Saturday, August 5th. Finally, Zacks Investment Research raised Omega Healthcare Investors from a sell rating to a hold rating in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of $33.07.

Omega Healthcare Investors (NYSE OHI) traded down 0.60% during mid-day trading on Friday, hitting $31.32. 712,486 shares of the stock traded hands. The company has a 50 day moving average of $31.98 and a 200-day moving average of $32.41. The stock has a market cap of $6.18 billion, a PE ratio of 16.53 and a beta of 0.53. Omega Healthcare Investors has a 12-month low of $28.11 and a 12-month high of $35.14.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.16). Omega Healthcare Investors had a return on equity of 8.88% and a net margin of 40.20%. The firm had revenue of $194.00 million for the quarter, compared to analysts’ expectations of $194.59 million. During the same period last year, the business earned $0.87 earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts forecast that Omega Healthcare Investors will post $1.77 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a dividend of $0.65 per share. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date of this dividend is Monday, October 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 8.25%. Omega Healthcare Investors’s dividend payout ratio is currently 135.45%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Omega Healthcare Investors by 167.7% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 3,432 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 2,150 shares during the last quarter. Ffcm LLC increased its holdings in shares of Omega Healthcare Investors by 197.6% during the 2nd quarter. Ffcm LLC now owns 3,402 shares of the real estate investment trust’s stock valued at $115,000 after acquiring an additional 2,259 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Omega Healthcare Investors by 656.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 6,015 shares of the real estate investment trust’s stock valued at $193,000 after acquiring an additional 5,220 shares during the last quarter. ARP Americas LLC acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at about $218,000. Finally, Schnieders Capital Management LLC acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at about $226,000. 72.74% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

Related posts

Leave a Comment