Mitsubishi UFJ Trust & Banking Corp Has $207,000 Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Mitsubishi UFJ Trust & Banking Corp cut its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHIGet Rating) by 13.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,345 shares of the real estate investment trust’s stock after selling 1,183 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Omega Healthcare Investors were worth $207,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Assetmark Inc. bought a new position in Omega Healthcare Investors during the second quarter worth $33,000. Ritter Daniher Financial Advisory LLC bought a new position in shares of Omega Healthcare Investors during the 1st quarter worth about $35,000. MCF Advisors LLC acquired a new position in shares of Omega Healthcare Investors during the first quarter valued at about $41,000. Hazlett Burt & Watson Inc. bought a new stake in shares of Omega Healthcare Investors in the first quarter valued at about $44,000. Finally, National Bank of Canada FI increased its stake in Omega Healthcare Investors by 700.0% during the first quarter. National Bank of Canada FI now owns 1,800 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 1,575 shares during the period. 64.10% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on OHI. StockNews.com initiated coverage on Omega Healthcare Investors in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $35.00 to $33.00 in a report on Monday, November 14th. Raymond James upped their target price on shares of Omega Healthcare Investors from $34.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, November 9th. Robert W. Baird downgraded Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a report on Monday, October 10th. Finally, Truist Financial increased their target price on Omega Healthcare Investors from $30.00 to $34.00 and gave the stock a “hold” rating in a report on Tuesday, September 13th. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $31.33.

Omega Healthcare Investors Trading Down 1.4 %

OHI stock opened at $30.56 on Thursday. The business has a fifty day moving average price of $30.70 and a 200 day moving average price of $30.50. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.77 and a quick ratio of 2.77. Omega Healthcare Investors, Inc. has a fifty-two week low of $24.81 and a fifty-two week high of $33.71. The stock has a market capitalization of $7.16 billion, a price-to-earnings ratio of 17.56 and a beta of 0.99.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Investors of record on Tuesday, November 1st were given a dividend of $0.67 per share. The ex-dividend date was Monday, October 31st. This represents a $2.68 annualized dividend and a yield of 8.77%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 154.02%.

About Omega Healthcare Investors

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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 facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK.

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

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