Omega Healthcare Investors, Inc. (NYSE:OHI) Holdings Raised by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,575 shares of the real estate investment trust’s stock after acquiring an additional 871 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Omega Healthcare Investors were worth $2,465,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc bought a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at approximately $26,000. UMB Bank n.a. increased its position in shares of Omega Healthcare Investors by 353.4% during the third quarter. UMB Bank n.a. now owns 662 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 516 shares during the period. DiNuzzo Private Wealth Inc. bought a new position in shares of Omega Healthcare Investors during the 3rd quarter worth about $33,000. V Square Quantitative Management LLC boosted its holdings in Omega Healthcare Investors by 49.5% during the third quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 323 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in Omega Healthcare Investors during the third quarter worth $48,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.2 %

Shares of Omega Healthcare Investors stock opened at $40.68 on Thursday. The firm has a market cap of $10.98 billion, a PE ratio of 29.91, a P/E/G ratio of 1.25 and a beta of 0.99. The business’s 50 day simple moving average is $40.60 and its 200 day simple moving average is $37.21. The company has a debt-to-equity ratio of 1.10, a quick ratio of 6.48 and a current ratio of 6.48. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $44.42.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.59%. The ex-dividend date was Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 197.06%.

Insider Activity at Omega Healthcare Investors

In other news, CFO Robert O. Stephenson sold 22,542 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of $40.19, for a total value of $905,962.98. Following the sale, the chief financial officer now directly owns 183,076 shares of the company’s stock, valued at approximately $7,357,824.44. This represents a 10.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Daniel J. Booth sold 56,725 shares of Omega Healthcare Investors stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $40.25, for a total value of $2,283,181.25. Following the transaction, the chief operating officer now owns 100,000 shares of the company’s stock, valued at $4,025,000. This represents a 36.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.37% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on OHI shares. Royal Bank of Canada lifted their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. Wells Fargo & Company reissued an “overweight” rating and set a $43.00 price target (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Truist Financial lifted their price target on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “hold” rating in a research report on Wednesday, September 4th. Berenberg Bank assumed coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a “buy” rating and a $45.00 target price on the stock. Finally, BMO Capital Markets upped their price target on Omega Healthcare Investors from $44.00 to $45.00 and gave the company a “market perform” rating in a research note on Monday, October 7th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $40.00.

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.