Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Shelton Capital Management

Shelton Capital Management trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,548 shares of the real estate investment trust’s stock after selling 440 shares during the quarter. Shelton Capital Management’s holdings in Omega Healthcare Investors were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Quadrant Capital Group LLC raised its position in shares of Omega Healthcare Investors by 19.7% during the 2nd quarter. Quadrant Capital Group LLC now owns 3,345 shares of the real estate investment trust’s stock worth $103,000 after buying an additional 550 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Omega Healthcare Investors by 3,274.5% in the second quarter. Russell Investments Group Ltd. now owns 1,199,132 shares of the real estate investment trust’s stock worth $36,787,000 after purchasing an additional 1,163,597 shares during the period. Private Advisor Group LLC boosted its stake in Omega Healthcare Investors by 99.8% during the 2nd quarter. Private Advisor Group LLC now owns 22,474 shares of the real estate investment trust’s stock valued at $702,000 after purchasing an additional 11,223 shares in the last quarter. Checchi Capital Advisers LLC acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at $220,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Omega Healthcare Investors by 1.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,596,462 shares of the real estate investment trust’s stock valued at $79,685,000 after purchasing an additional 42,567 shares during the period. Institutional investors own 65.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on OHI. Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $33.00 to $34.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 17th. Truist Financial lifted their price target on shares of Omega Healthcare Investors from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Wednesday, September 27th. Mizuho raised Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $35.00 in a research note on Friday, September 8th. Wedbush initiated coverage on Omega Healthcare Investors in a research report on Tuesday, October 3rd. They set a “neutral” rating and a $34.00 target price on the stock. Finally, BNP Paribas lowered Omega Healthcare Investors from a “neutral” rating to an “underperform” rating in a research report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Hold” and a consensus target price of $32.89.

Omega Healthcare Investors Trading Up 1.4 %

NYSE OHI opened at $32.06 on Tuesday. The company has a current ratio of 6.99, a quick ratio of 6.99 and a debt-to-equity ratio of 1.37. Omega Healthcare Investors, Inc. has a 1-year low of $25.61 and a 1-year high of $34.77. The firm’s fifty day simple moving average is $32.92 and its 200-day simple moving average is $31.56. The company has a market capitalization of $7.85 billion, a PE ratio of 33.40 and a beta of 1.00.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st were paid a dividend of $0.67 per share. The ex-dividend date was Monday, October 30th. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.18. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.36%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 279.17%.

Omega Healthcare Investors Company Profile

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.