Allspring Global Investments Holdings LLC Purchases 9,106 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Allspring Global Investments Holdings LLC raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) by 256.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,650 shares of the real estate investment trust’s stock after acquiring an additional 9,106 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Omega Healthcare Investors were worth $373,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. US Bancorp DE lifted its stake in shares of Omega Healthcare Investors by 6.6% in the first quarter. US Bancorp DE now owns 20,517 shares of the real estate investment trust’s stock valued at $639,000 after buying an additional 1,270 shares during the period. Great West Life Assurance Co. Can lifted its stake in shares of Omega Healthcare Investors by 5.6% in the first quarter. Great West Life Assurance Co. Can now owns 326,488 shares of the real estate investment trust’s stock valued at $10,510,000 after buying an additional 17,447 shares during the period. Cetera Investment Advisers lifted its stake in shares of Omega Healthcare Investors by 13.1% in the first quarter. Cetera Investment Advisers now owns 67,846 shares of the real estate investment trust’s stock valued at $2,114,000 after buying an additional 7,873 shares during the period. Moors & Cabot Inc. bought a new stake in shares of Omega Healthcare Investors in the first quarter valued at about $248,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Omega Healthcare Investors by 5.3% in the first quarter. Baird Financial Group Inc. now owns 184,776 shares of the real estate investment trust’s stock valued at $5,758,000 after buying an additional 9,270 shares during the period. 63.58% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $28.83 on Wednesday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 16.57 and a beta of 0.99. The company has a 50 day moving average of $28.98 and a 200-day moving average of $30.50. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 1.36. Omega Healthcare Investors, Inc. has a 1-year low of $24.81 and a 1-year high of $33.71.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Credit Suisse Group cut shares of Omega Healthcare Investors from a “neutral” rating to an “underperform” rating and set a $25.00 target price for the company. in a research note on Monday, January 9th. StockNews.com assumed coverage on shares of Omega Healthcare Investors in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Bank of America cut shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and cut their price target for the stock from $35.00 to $33.00 in a research note on Monday, November 14th. Robert W. Baird cut their price target on shares of Omega Healthcare Investors from $32.00 to $29.00 in a research note on Friday, January 13th. Finally, Raymond James raised their price target on shares of Omega Healthcare Investors from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 9th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $30.89.

Omega Healthcare Investors Company Profile

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Omega is a real estate investment trust 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 US, as well as in the UK.