GoalVest Advisory LLC Purchases 5,240 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

GoalVest Advisory LLC boosted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 18.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 34,375 shares of the real estate investment trust’s stock after purchasing an additional 5,240 shares during the quarter. GoalVest Advisory LLC’s holdings in Omega Healthcare Investors were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OHI. FMR LLC raised its holdings in Omega Healthcare Investors by 96.5% during the 3rd quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust’s stock worth $98,908,000 after purchasing an additional 1,464,693 shares during the last quarter. Invesco Ltd. increased its stake in shares of Omega Healthcare Investors by 60.7% in the 3rd quarter. Invesco Ltd. now owns 1,345,372 shares of the real estate investment trust’s stock valued at $44,613,000 after acquiring an additional 508,327 shares during the last quarter. LPL Financial LLC increased its stake in Omega Healthcare Investors by 2.8% during the 3rd quarter. LPL Financial LLC now owns 465,964 shares of the real estate investment trust’s stock worth $15,451,000 after purchasing an additional 12,826 shares in the last quarter. Mariner LLC increased its stake in Omega Healthcare Investors by 7.3% during the 3rd quarter. Mariner LLC now owns 123,334 shares of the real estate investment trust’s stock worth $4,090,000 after purchasing an additional 8,413 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Omega Healthcare Investors by 1.0% during the 3rd quarter. Northern Trust Corp now owns 1,918,137 shares of the real estate investment trust’s stock worth $63,605,000 after purchasing an additional 19,903 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, May 6th. Citigroup raised Omega Healthcare Investors from a “neutral” rating to a “buy” rating and upped their price target for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Truist Financial increased their price objective on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, April 2nd. Finally, Wells Fargo & Company raised Omega Healthcare Investors to a “strong-buy” rating in a report on Friday, June 14th. Eight equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and a consensus price target of $33.63.

Omega Healthcare Investors Trading Down 1.0 %

Shares of OHI stock traded down $0.35 during mid-day trading on Tuesday, reaching $33.25. 1,692,632 shares of the stock traded hands, compared to its average volume of 1,697,767. The stock’s fifty day simple moving average is $31.47 and its two-hundred day simple moving average is $30.90. Omega Healthcare Investors, Inc. has a 1-year low of $27.53 and a 1-year high of $34.77. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 29.95, a price-to-earnings-growth ratio of 1.21 and a beta of 0.96. The company has a quick ratio of 6.68, a current ratio of 6.68 and a debt-to-equity ratio of 1.36.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date was Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is currently 241.44%.

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.