Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 27.7% during the 4th quarter, Holdings Channel reports. The firm owned 10,064 shares of the real estate investment trust’s stock after purchasing an additional 2,185 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Omega Healthcare Investors were worth $381,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. California Public Employees Retirement System lifted its stake in Omega Healthcare Investors by 3.6% in the 4th quarter. California Public Employees Retirement System now owns 1,209,407 shares of the real estate investment trust’s stock valued at $45,776,000 after buying an additional 42,512 shares in the last quarter. Schroder Investment Management Group lifted its position in shares of Omega Healthcare Investors by 29.8% in the fourth quarter. Schroder Investment Management Group now owns 527,309 shares of the real estate investment trust’s stock valued at $19,779,000 after acquiring an additional 120,967 shares in the last quarter. Maridea Wealth Management LLC acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at $713,000. Slagle Financial LLC increased its position in Omega Healthcare Investors by 7.6% during the 4th quarter. Slagle Financial LLC now owns 45,410 shares of the real estate investment trust’s stock worth $1,719,000 after purchasing an additional 3,188 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its stake in Omega Healthcare Investors by 10.1% in the 4th quarter. Pictet Asset Management Holding SA now owns 84,064 shares of the real estate investment trust’s stock valued at $3,182,000 after purchasing an additional 7,739 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Shares of Omega Healthcare Investors stock opened at $37.84 on Friday. The business’s fifty day moving average price is $37.15 and its 200 day moving average price is $38.55. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $10.66 billion, a P/E ratio of 24.41, a PEG ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. As a group, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.08%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is currently 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of recent research reports. Truist Financial lifted their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday, March 18th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.