Omega Healthcare Investors Inc (NYSE:OHI) was downgraded by equities researchers at Vetr from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They presently have a $33.17 price objective on the real estate investment trust’s stock. Vetr‘s target price points to a potential downside of 4.33% from the stock’s previous close.
Several large investors recently added to or reduced their stakes in OHI. Vanguard Group Inc. raised its stake in Omega Healthcare Investors by 9.2% in the fourth quarter. Vanguard Group Inc. now owns 26,649,792 shares of the real estate investment trust’s stock worth $932,209,000 after buying an additional 2,241,726 shares during the period. Daiwa Securities Group Inc. raised its position in Omega Healthcare Investors by 21.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 10,337,870 shares of the real estate investment trust’s stock valued at $361,619,000 after buying an additional 1,834,832 shares during the last quarter. Norges Bank bought a new position in Omega Healthcare Investors during the fourth quarter valued at about $48,703,000. Shinko Asset Management Co. Ltd. raised its position in Omega Healthcare Investors by 30.9% in the fourth quarter. Shinko Asset Management Co. Ltd. now owns 3,785,363 shares of the real estate investment trust’s stock valued at $132,412,000 after buying an additional 894,000 shares during the last quarter. Finally, Oxbow Advisors LLC raised its position in Omega Healthcare Investors by 644.0% in the fourth quarter. Oxbow Advisors LLC now owns 435,165 shares of the real estate investment trust’s stock valued at $15,222,000 after buying an additional 376,677 shares during the last quarter.
Source: American Banking and Market News