IFP Advisors Inc Has $4.02 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

IFP Advisors Inc raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 21.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,545 shares of the real estate investment trust's stock after purchasing an additional 18,905 shares during the quarter. IFP Advisors Inc's holdings in Omega Healthcare Investors were worth $4,019,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. NBC Securities Inc. acquired a new position in shares of Omega Healthcare Investors in the 1st quarter valued at about $29,000. Loomis Sayles & Co. L P boosted its holdings in shares of Omega Healthcare Investors by 27.6% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 319 shares during the period. Dunhill Financial LLC boosted its holdings in shares of Omega Healthcare Investors by 97.9% in the 4th quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 750 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of Omega Healthcare Investors by 177.3% in the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock valued at $60,000 after buying an additional 1,009 shares during the period. Finally, Park Square Financial Group LLC acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at about $61,000. Institutional investors and hedge funds own 65.25% of the company's stock.

Analyst Ratings Changes

Separately, Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $38.00 to $41.00 in a research note on Monday, July 14th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has a consensus rating of "Hold" and an average price target of $42.25.

Omega Healthcare Investors Stock Performance

NYSE OHI traded up $0.02 during midday trading on Thursday, hitting $39.05. The company had a trading volume of 255,778 shares, compared to its average volume of 2,415,315. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $37.04 and a two-hundred day simple moving average of $37.18. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. The stock has a market cap of $11.30 billion, a price-to-earnings ratio of 24.22, a P/E/G ratio of 2.66 and a beta of 0.68.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.75. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. During the same period last year, the firm posted $0.68 EPS. The firm's quarterly revenue was up 13.8% on a year-over-year basis. Equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Company Profile

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.