Cetera Investment Advisers Has $10.29 Million Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Cetera Investment Advisers grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 190.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 270,193 shares of the real estate investment trust's stock after buying an additional 177,097 shares during the quarter. Cetera Investment Advisers owned approximately 0.09% of Omega Healthcare Investors worth $10,289,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in OHI. PFG Investments LLC boosted its holdings in shares of Omega Healthcare Investors by 20.4% during the first quarter. PFG Investments LLC now owns 70,762 shares of the real estate investment trust's stock worth $2,695,000 after purchasing an additional 11,970 shares during the period. Advisors Capital Management LLC lifted its stake in Omega Healthcare Investors by 4.3% in the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after acquiring an additional 31,072 shares during the last quarter. Columbus Macro LLC acquired a new stake in Omega Healthcare Investors in the first quarter valued at approximately $6,353,000. GAMMA Investing LLC lifted its stake in Omega Healthcare Investors by 4,248.2% in the first quarter. GAMMA Investing LLC now owns 174,102 shares of the real estate investment trust's stock valued at $6,630,000 after acquiring an additional 170,098 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in Omega Healthcare Investors by 10.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 84,064 shares of the real estate investment trust's stock valued at $3,182,000 after acquiring an additional 7,739 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI traded up $1.04 during trading on Friday, reaching $39.94. The stock had a trading volume of 3,298,422 shares, compared to its average volume of 2,074,650. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.42. The stock has a fifty day simple moving average of $37.29 and a two-hundred day simple moving average of $37.24. The firm has a market capitalization of $11.56 billion, a price-to-earnings ratio of 24.65, a P/E/G ratio of 2.68 and a beta of 0.66. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 10.04%. The business had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the previous year, the firm posted $0.71 earnings per share. Omega Healthcare Investors's revenue was up 11.8% compared to the same quarter last year. As a group, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 4th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 6.7%. The ex-dividend date is Monday, August 4th. Omega Healthcare Investors's payout ratio is currently 166.46%.

Wall Street Analysts Forecast Growth

Separately, 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 company from $38.00 to $41.00 in a research note on Monday, July 14th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target of $42.25.

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.