Cwm LLC Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

CWM LLC lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 161.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,598 shares of the real estate investment trust's stock after acquiring an additional 14,583 shares during the quarter. CWM LLC's holdings in Omega Healthcare Investors were worth $899,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in OHI. PFG Investments LLC grew its position in 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 valued at $2,695,000 after buying an additional 11,970 shares during the period. Advisors Capital Management LLC grew its position in Omega Healthcare Investors by 4.3% during 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 buying an additional 31,072 shares during the period. Columbus Macro LLC bought a new stake in Omega Healthcare Investors during the first quarter valued at approximately $6,353,000. GAMMA Investing LLC grew its position in Omega Healthcare Investors by 4,248.2% during 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 buying an additional 170,098 shares during the period. Finally, Pictet Asset Management Holding SA grew its position in Omega Healthcare Investors by 10.1% during 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 buying an additional 7,739 shares during the period. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Price Performance

Shares of OHI traded up $0.11 during mid-day trading on Friday, reaching $39.11. The stock had a trading volume of 1,419,786 shares, compared to its average volume of 2,092,123. The firm has a market cap of $11.32 billion, a price-to-earnings ratio of 24.29, a PEG ratio of 2.70 and a beta of 0.68. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42. The business has a fifty day moving average of $37.14 and a 200 day moving average of $37.20. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58.

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

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 4th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 6.85%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company upgraded 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 report on Monday, July 14th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of "Hold" and an average target price of $42.25.

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.