Cantor Fitzgerald Raises Omega Healthcare Investors (NYSE:OHI) Price Target to $52.00

Omega Healthcare Investors (NYSE:OHI) had its target price hoisted by Cantor Fitzgerald from $50.00 to $52.00 in a report issued on Tuesday, Marketbeat reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 11.10% from the company’s previous close.

OHI has been the topic of a number of other reports. Scotiabank lifted their price objective on shares of Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, January 26th. The Goldman Sachs Group started coverage on shares of Omega Healthcare Investors in a report on Friday, January 9th. They set a “buy” rating and a $54.00 price target on the stock. UBS Group reiterated a “buy” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a research note on Friday, February 6th. Finally, Jefferies Financial Group reissued a “hold” rating and set a $45.00 target price on shares of Omega Healthcare Investors in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.36.

Omega Healthcare Investors Trading Up 3.0%

NYSE:OHI opened at $46.81 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.04 and a quick ratio of 7.11. Omega Healthcare Investors has a one year low of $35.04 and a one year high of $47.26. The company has a market cap of $13.83 billion, a PE ratio of 24.25, a PEG ratio of 1.47 and a beta of 0.57. The firm has a 50-day moving average of $44.40 and a 200-day moving average of $42.82.

Institutional Investors Weigh In On Omega Healthcare Investors

Several large investors have recently modified their holdings of the stock. Mutual Advisors LLC raised its holdings in Omega Healthcare Investors by 8.5% in the 3rd quarter. Mutual Advisors LLC now owns 327,383 shares of the real estate investment trust’s stock worth $13,321,000 after purchasing an additional 25,565 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Omega Healthcare Investors by 6.8% during the third quarter. Bank of New York Mellon Corp now owns 3,761,216 shares of the real estate investment trust’s stock valued at $158,799,000 after buying an additional 239,134 shares during the period. HBK Sorce Advisory LLC bought a new position in Omega Healthcare Investors in the third quarter worth about $1,014,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Omega Healthcare Investors by 30.0% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 390,482 shares of the real estate investment trust’s stock worth $16,486,000 after buying an additional 90,134 shares during the period. Finally, Allworth Financial LP boosted its position in Omega Healthcare Investors by 1,700.7% during the 2nd quarter. Allworth Financial LP now owns 46,495 shares of the real estate investment trust’s stock valued at $1,704,000 after acquiring an additional 43,913 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.