First Republic Investment Management Inc. increases its stock position in Omega Healthcare Investors, Inc. (NYSE:OHI)

First Republic Investment Management Inc. increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating ) by 34.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). . The fund owned 680,817 shares of the real estate investment trust’s stock after acquiring an additional 173,820 shares during the period. First Republic Investment Management Inc. owned about 0.29% of Omega Healthcare Investors worth $20,077,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold stakes in the stock. State Street Corp raised its position 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 valued at $414,443,000 after acquiring an additional 1,715,004 shares in the last quarter. Federated Hermes Inc. raised its stake in Omega Healthcare Investors by 3.6% in the second quarter. Federated Hermes Inc. now owns 2,573,257 shares of the real estate investment trust’s stock valued at $72,540,000 after purchasing an additional 90,293 shares during the period. Legal & General Group Plc boosted its stake in Omega Healthcare Investors by 3.1% in the second quarter. Legal & General Group Plc now owns 1,803,170 shares of the real estate investment trust’s stock valued at $50,832,000 after buying an additional 54,561 shares during the period. Invesco Ltd. raised its stake in Omega Healthcare Investors by 39.4% during the first quarter. Invesco Ltd. now owns 1,733,619 shares of the real estate investment trust’s stock valued at $54,019,000 after buying an additional 489,972 shares during the period. Finally, Centersquare Investment Management LLC boosted its stake in Omega Healthcare Investors by 34.5% in the first quarter. Centersquare Investment Management LLC now owns 1,706,007 shares of the real estate investment trust’s stock valued at $53,158,000 after buying an additional 437,240 shares during the period. 63.58% of the shares are owned by hedge funds and other institutional investors.

Analysts set new price targets

A number of analysts have commented on OHI shares. Robert W. Baird decreased their price objective on shares of Omega Healthcare Investors from $32.00 to $29.00 in a research note on Friday, January 13th. Raymond James boosted their target price 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. Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and cut their target price for the stock from $35.00 to $33.00 in a research note on Monday, November 14th. StockNews.com assumed coverage on shares of Omega Healthcare Investors in a research note on Wednesday, October 12th. They assign a “hold” rating to the stock. Finally, Credit Suisse Group lowered shares of Omega Healthcare Investors from a “neutral” rating to an “underperform” rating and set a $25.00 target price on the stock. in a research note on Monday, January 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $30.89, according to MarketBeat.com.

Omega Healthcare Investors trade up 0.5%

Shares of OHI stock opened at $28.83 on Wednesday. Omega Healthcare Investors, Inc. has a twelve month low of $24.81 and a twelve month high of $33.71. The firm has a market cap of $6.75 billion, a P/E ratio of 16.57 and a beta of 0.99. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 1.36. The firm’s 50-day moving average is $28.98, and its two-hundred-day moving average is $30.50.

Omega Healthcare Investor 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. Its portfolio of assets is managed by a diverse group of healthcare companies, primarily in a triple net lease structure. Assets cover all regions in the US as well as the UK.

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Institutional Ownership by Quarter for Investors in Omega Healthcare (NYSE:OHI)

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