American International Group Inc. Has $10.15 Million Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

American International Group Inc. lessened its position in Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 330,928 shares of the real estate investment trust’s stock after selling 13,982 shares during the period. American International Group Inc. owned 0.14% of Omega Healthcare Investors worth $10,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of OHI. Norges Bank acquired a new position in Omega Healthcare Investors in the 4th quarter worth about $61,698,000. FMR LLC increased its stake in shares of Omega Healthcare Investors by 96.5% in the third quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust’s stock valued at $98,908,000 after buying an additional 1,464,693 shares during the period. Wellington Management Group LLP increased its stake in shares of Omega Healthcare Investors by 2,444.9% in the third quarter. Wellington Management Group LLP now owns 1,128,146 shares of the real estate investment trust’s stock valued at $37,409,000 after buying an additional 1,083,816 shares during the period. Vanguard Group Inc. increased its stake in shares of Omega Healthcare Investors by 3.0% in the third quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock valued at $1,156,219,000 after buying an additional 1,003,927 shares during the period. Finally, Centersquare Investment Management LLC increased its stake in shares of Omega Healthcare Investors by 36.6% in the fourth quarter. Centersquare Investment Management LLC now owns 3,585,255 shares of the real estate investment trust’s stock valued at $109,924,000 after buying an additional 960,997 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several recent research reports. Citigroup raised Omega Healthcare Investors from a “neutral” rating to a “buy” rating and increased their price target for the company from $32.00 to $35.00 in a research note on Friday, March 22nd. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Monday, May 6th. Truist Financial increased their price target on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research note on Tuesday, April 2nd. Finally, Wells Fargo & Company raised Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $31.00 to $35.00 in a research note on Monday, February 26th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $33.63.

Get Our Latest Report on Omega Healthcare Investors

Omega Healthcare Investors Stock Down 1.3 %

Shares of NYSE:OHI opened at $32.14 on Friday. The business’s 50 day simple moving average is $31.14 and its two-hundred day simple moving average is $30.82. The firm has a market cap of $7.94 billion, a P/E ratio of 28.95, a PEG ratio of 1.20 and a beta of 0.96. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.68 and a current ratio of 6.68. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $34.77.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, April 29th. This represents a $2.68 annualized dividend and a yield of 8.34%. Omega Healthcare Investors’s payout ratio is currently 241.44%.

Omega Healthcare Investors Company Profile

(Free Report)

Omega is a REIT 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 U.S., as well as in the U.K.

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

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