7,040 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Purchased by Sonora Investment Management Group LLC

Sonora Investment Management Group LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,040 shares of the real estate investment trust’s stock, valued at approximately $266,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OHI. Daiwa Securities Group Inc. boosted its stake in Omega Healthcare Investors by 317.7% in the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after acquiring an additional 3,003,845 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Omega Healthcare Investors by 328.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock valued at $67,642,000 after acquiring an additional 1,274,238 shares during the last quarter. FMR LLC boosted its stake in Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after acquiring an additional 380,626 shares during the last quarter. Franklin Resources Inc. boosted its stake in Omega Healthcare Investors by 441.4% in the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after acquiring an additional 350,570 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. boosted its stake in Omega Healthcare Investors by 115.9% in the third quarter. Parallax Volatility Advisers L.P. now owns 34,982 shares of the real estate investment trust’s stock valued at $1,424,000 after acquiring an additional 254,471 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $37.05 on Friday. The firm’s 50 day simple moving average is $38.33 and its 200 day simple moving average is $38.99. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $10.00 billion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 1.06 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 1-year low of $27.53 and a 1-year high of $44.42.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 197.06%.

Analysts Set New Price Targets

A number of research analysts have weighed in on OHI shares. BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 target price on the stock in a research note on Thursday, October 31st. Mizuho upped their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. Royal Bank of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research note on Friday, October 18th. They set a “buy” rating and a $45.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.