Stevens Capital Management LP Acquires Shares of 12,303 Omega Healthcare Investors, Inc. (NYSE:OHI)

Stevens Capital Management LP bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, Holdings Channel reports. The fund bought 12,303 shares of the real estate investment trust’s stock, valued at approximately $377,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Peoples Bank KS acquired a new position in Omega Healthcare Investors during the third quarter worth $33,000. NBC Securities Inc. acquired a new position in Omega Healthcare Investors during the third quarter worth about $34,000. GAMMA Investing LLC purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $35,000. Highlander Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 150.0% during the 4th quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 750 shares during the period. Finally, Clear Street Markets LLC acquired a new stake in shares of Omega Healthcare Investors during the 3rd quarter valued at approximately $73,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on OHI shares. Deutsche Bank Aktiengesellschaft initiated coverage on Omega Healthcare Investors in a report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 target price on the stock. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective on the stock in a research note on Thursday, February 8th. Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $31.00 to $35.00 in a research report on Monday, February 26th. Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price target for the company 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 lifted their price objective for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.58.

Omega Healthcare Investors Trading Up 0.6 %

Omega Healthcare Investors stock traded up $0.19 during trading on Friday, reaching $31.09. The company had a trading volume of 1,563,226 shares, compared to its average volume of 1,747,384. Omega Healthcare Investors, Inc. has a 12-month low of $26.11 and a 12-month high of $34.77. 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 stock’s 50 day moving average price is $31.00 and its two-hundred day moving average price is $31.15. The firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 31.21, a PEG ratio of 10.05 and a beta of 0.91.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date of this dividend is Monday, April 29th. Omega Healthcare Investors’s payout ratio is currently 270.71%.

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.