Omega Healthcare Investors (NYSE:OHI) Stock Rating Lowered by StockNews.com

Omega Healthcare Investors (NYSE:OHI – Get Rating) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

Several other research firms have also weighed in on OHI. Robert W. Baird dropped their price objective on shares of Omega Healthcare Investors from $32.00 to $29.00 in a research note on Friday, January 13th. Credit Suisse Group lowered shares of Omega Healthcare Investors from a “neutral” rating to an “underperform” rating and set a $25.00 price objective on the stock. in a research note on Monday, January 9th. Citigroup dropped their price objective on shares of Omega Healthcare Investors from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 22nd. Finally, Raymond James dropped their price target on shares of Omega Healthcare Investors from $35.00 to $33.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 15th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus target price of $30.22.

Omega Healthcare Investors Price Performance

OHI opened at $27.87 on Wednesday. The firm has a market cap of $6.53 billion, a price-to-earnings ratio of 15.57 and a beta of 1.00. Omega Healthcare Investors has a fifty-two week low of $24.81 and a fifty-two week high of $33.71. The company’s 50-day moving average price is $28.07 and its 200 day moving average price is $29.56. The company has a quick ratio of 5.01, a current ratio of 5.01 and a debt-to-equity ratio of 1.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OHI. Edmp Inc. boosted its holdings in shares of Omega Healthcare Investors by 2,534.9% in the fourth quarter. Edmp Inc. now owns 3,800,453 shares of the real estate investment trust’s stock valued at $135,973,000 after acquiring an additional 3,656,216 shares in the last quarter. Federated Hermes Inc. boosted its holdings in Omega Healthcare Investors by 7,010.8% during the first quarter. Federated Hermes Inc. now owns 2,482,964 shares of the real estate investment trust’s stock worth $77,369,000 after buying an additional 2,448,046 shares in the last quarter. State Street Corp boosted its holdings in Omega Healthcare Investors by 14.8% during the first quarter. State Street Corp now owns 13,300,467 shares of the real estate investment trust’s stock worth $414,443,000 after buying an additional 1,715,004 shares in the last quarter. Norges Bank bought a new stake in Omega Healthcare Investors during the fourth quarter worth approximately $36,626,000. Finally, BlackRock Inc. boosted its holdings in Omega Healthcare Investors by 3.9% during the third quarter. BlackRock Inc. now owns 27,590,673 shares of the real estate investment trust’s stock worth $813,650,000 after buying an additional 1,024,759 shares in the last quarter. 63.58% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Company Profile

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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.