Silvercrest Asset Management Group LLC Boosts Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Silvercrest Asset Management Group LLC increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.7% in the first quarter, Holdings Channel.com reports. The firm owned 935,193 shares of the real estate investment trust’s stock after acquiring an additional 6,050 shares during the period. Silvercrest Asset Management Group LLC’s holdings in Omega Healthcare Investors were worth $29,618,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in OHI. MeadowBrook Investment Advisors LLC bought a new stake in Omega Healthcare Investors in the fourth quarter worth $31,000. GAMMA Investing LLC bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at about $35,000. WFA Asset Management Corp purchased a new position in shares of Omega Healthcare Investors in the first quarter worth about $39,000. Highlander Capital Management LLC lifted its stake in shares of Omega Healthcare Investors by 150.0% in the 4th quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 750 shares during the last quarter. Finally, Covestor Ltd lifted its stake in shares of Omega Healthcare Investors by 47.6% in the 1st quarter. Covestor Ltd now owns 1,337 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 431 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 0.1 %

Shares of NYSE:OHI traded up $0.02 on Tuesday, hitting $36.60. The company had a trading volume of 591,262 shares, compared to its average volume of 1,665,927. The firm’s 50-day simple moving average is $33.48 and its two-hundred day simple moving average is $31.61. The firm has a market capitalization of $9.04 billion, a price-to-earnings ratio of 32.96, a P/E/G ratio of 1.41 and a beta of 0.97. 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, Inc. has a 1 year low of $27.53 and a 1 year high of $37.13.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, August 5th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date of this dividend is Monday, August 5th. Omega Healthcare Investors’s payout ratio is currently 241.44%.

Analyst Ratings Changes

Several equities analysts recently issued reports on OHI shares. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday, May 6th. Scotiabank raised their target price on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 9th. Wells Fargo & Company upgraded shares of Omega Healthcare Investors to a “strong-buy” rating in a report on Friday, June 14th. Mizuho cut shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and increased their price target for the company from $34.00 to $35.00 in a research report on Thursday, July 25th. Finally, Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Wednesday, June 26th. Nine equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $33.67.

About Omega Healthcare Investors

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.