Jefferies: Upgrade Given to Shares of Omega Health (NYSE:OHI)

May 16, 2018 - By Henry Gaston

Omega Healthcare Investors, Inc. (NYSE:OHI) Logo

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.59, from 1.42 in 2017Q3. It is negative, as 57 investors sold Omega Healthcare Investors, Inc. shares while 116 reduced holdings. 38 funds opened positions while 105 raised stakes. 141.70 million shares or 6.90% more from 132.55 million shares in 2017Q3 were reported.

Proshare Advsr Ltd reported 0.01% of its portfolio in Omega Healthcare Investors, Inc. (NYSE:OHI). Liberty Mutual Gru Asset Mngmt Inc invested in 50,071 shares or 0.04% of the stock. Goldman Sachs Gp accumulated 1.14 million shares. 12,194 were reported by Ls Advisors Llc. Tci Wealth Advisors, Arizona-based fund reported 18 shares. State Treasurer State Of Michigan holds 0.02% or 71,200 shares. Delta Asset Management Limited Company Tn holds 129 shares. Lasalle Securities Lc stated it has 0.98% of its portfolio in Omega Healthcare Investors, Inc. (NYSE:OHI). Financial Services accumulated 484 shares or 0.01% of the stock. Moreover, Old Second Savings Bank Of Aurora has 0% invested in Omega Healthcare Investors, Inc. (NYSE:OHI) for 200 shares. North Star Inv Mngmt Corporation holds 2,301 shares or 0.01% of its portfolio. Invesco Limited invested in 93,968 shares or 0% of the stock. Cambridge Invest Rech Advsr Inc invested in 65,689 shares or 0.02% of the stock. Lsv Asset Management invested 0.17% in Omega Healthcare Investors, Inc. (NYSE:OHI). Edmp owns 2.6% invested in Omega Healthcare Investors, Inc. (NYSE:OHI) for 116,730 shares.

Omega Health (NYSE:OHI) Stock Upgrade

In an analyst note revealed to investors and clients on Wednesday, 16 May, research professionals at the equities division of Jefferies upgraded their rating for shares of Omega Health (NYSE:OHI) from a “Underperform” to a solid “Hold”. They now have a $27 TP on OHI or a -5.59 % downside from the current share price.

Omega Healthcare Investors, Inc. (NYSE:OHI) Ratings Coverage

Among 6 analysts covering Omega Healthcare (NYSE:OHI), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Omega Healthcare has $34.0 highest and $21.0 lowest target. $27’s average target is -5.59% below currents $28.6 stock price. Omega Healthcare had 11 analyst reports since December 20, 2017 according to SRatingsIntel. Jefferies maintained Omega Healthcare Investors, Inc. (NYSE:OHI) on Tuesday, February 13 with “Sell” rating. The rating was maintained by Cantor Fitzgerald on Wednesday, March 7 with “Buy”. The firm has “Hold” rating given on Wednesday, February 14 by Stifel Nicolaus. Cantor Fitzgerald maintained the stock with “Buy” rating in Monday, May 7 report. The stock of Omega Healthcare Investors, Inc. (NYSE:OHI) has “Buy” rating given on Tuesday, February 13 by Cantor Fitzgerald. The stock has “Outperform” rating by Wells Fargo on Thursday, February 15. SunTrust maintained it with “Hold” rating and $28.0 target in Monday, January 22 report. SunTrust maintained Omega Healthcare Investors, Inc. (NYSE:OHI) rating on Wednesday, February 14. SunTrust has “Hold” rating and $26.0 target. Jefferies downgraded the stock to “Sell” rating in Thursday, December 21 report. Cantor Fitzgerald initiated Omega Healthcare Investors, Inc. (NYSE:OHI) on Wednesday, December 20 with “Buy” rating.

The stock increased 1.17% or $0.33 during the last trading session, reaching $28.6. About 2.18M shares traded or 6.46% up from the average. Omega Healthcare Investors, Inc. (NYSE:OHI) has declined 18.67% since May 17, 2017 and is downtrending. It has underperformed by 30.22% the S&P500.

Analysts await Omega Healthcare Investors, Inc. (NYSE:OHI) to report earnings on July, 25. They expect $0.73 earnings per share, down 16.09 % or $0.14 from last year’s $0.87 per share. OHI’s profit will be $151.39M for 9.79 P/E if the $0.73 EPS becomes a reality. After $0.78 actual earnings per share reported by Omega Healthcare Investors, Inc. for the previous quarter, Wall Street now forecasts -6.41 % negative EPS growth.

Omega Healthcare Investors, Inc. is a real estate investment firm. The company has market cap of $5.93 billion. The firm invests in the real estate markets of United States. It has a 56.41 P/E ratio. It invests in healthcare facilities, primarily in long-term healthcare facilities in order to create its portfolio.

More important recent Omega Healthcare Investors, Inc. (NYSE:OHI) news were published by: Seekingalpha.com which released: “Despite Concerns, Omega Healthcare Looks Cheap” on May 10, 2018, also Seekingalpha.com published article titled: “Omega Healthcare Investors’ (OHI) CEO Taylor Pickett on Q1 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “Premarket analyst action – healthcare” on May 16, 2018. More interesting news about Omega Healthcare Investors, Inc. (NYSE:OHI) was released by: Seekingalpha.com and their article: “Omega Still A DUCK, But Q1 Results Give Hope To The Bulls” with publication date: May 08, 2018.

Omega Healthcare Investors, Inc. (NYSE:OHI) Institutional Positions Chart

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