Omega Healthcare Investors, Inc. (NYSE:OHI) Holdings Raised by Strs Ohio

Strs Ohio lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 46.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 552,110 shares of the real estate investment trust’s stock after purchasing an additional 175,909 shares during the quarter. Strs Ohio’s holdings in Omega Healthcare Investors were worth $16,927,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Jump Financial LLC increased its stake in Omega Healthcare Investors by 547.8% in the 3rd quarter. Jump Financial LLC now owns 82,311 shares of the real estate investment trust’s stock worth $2,729,000 after purchasing an additional 69,605 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Omega Healthcare Investors by 9.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 663,890 shares of the real estate investment trust’s stock worth $20,355,000 after purchasing an additional 58,198 shares in the last quarter. State of Alaska Department of Revenue increased its stake in Omega Healthcare Investors by 0.9% in the 4th quarter. State of Alaska Department of Revenue now owns 142,445 shares of the real estate investment trust’s stock worth $4,367,000 after purchasing an additional 1,232 shares in the last quarter. Vanguard Group Inc. increased its stake in Omega Healthcare Investors by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock worth $1,156,219,000 after purchasing an additional 1,003,927 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Omega Healthcare Investors by 6.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 155,078 shares of the real estate investment trust’s stock worth $4,755,000 after purchasing an additional 9,473 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Down 0.7 %

Shares of Omega Healthcare Investors stock opened at $30.11 on Wednesday. The stock has a 50-day simple moving average of $30.99 and a 200-day simple moving average of $31.24. Omega Healthcare Investors, Inc. has a 52-week low of $26.00 and a 52-week high of $34.77. The company has a debt-to-equity ratio of 1.35, a current ratio of 6.76 and a quick ratio of 6.76. The firm has a market cap of $7.39 billion, a price-to-earnings ratio of 30.41, a P/E/G ratio of 9.93 and a beta of 0.91.

Omega Healthcare Investors Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, February 5th were issued a $0.67 dividend. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.18. This represents a $2.68 annualized dividend and a yield of 8.90%. The ex-dividend date of this dividend was Friday, February 2nd. Omega Healthcare Investors’s payout ratio is 270.71%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on OHI shares. Truist Financial lifted their price target on Omega Healthcare Investors from $31.00 to $32.00 and gave the stock a “hold” rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft started coverage on Omega Healthcare Investors in a research note on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price target on the stock. Mizuho dropped their price target on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd. Bank of America cut Omega Healthcare Investors from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $33.00 to $31.00 in a research note on Tuesday, January 16th. Finally, Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $33.58.

Omega Healthcare Investors 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.