Linden Thomas Advisory Services LLC Purchases 459 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Linden Thomas Advisory Services LLC increased its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,469 shares of the real estate investment trust’s stock after buying an additional 459 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Omega Healthcare Investors were worth $842,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in OHI. FMR LLC boosted its holdings in Omega Healthcare Investors by 96.5% in the third 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 in the last quarter. Wellington Management Group LLP boosted its stake in shares of Omega Healthcare Investors by 2,444.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,128,146 shares of the real estate investment trust’s stock worth $37,409,000 after acquiring an additional 1,083,816 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Omega Healthcare Investors by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock valued at $1,156,219,000 after acquiring an additional 1,003,927 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Omega Healthcare Investors by 72.2% in the 4th quarter. California Public Employees Retirement System now owns 1,276,276 shares of the real estate investment trust’s stock valued at $39,131,000 after acquiring an additional 535,093 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in 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 worth $44,613,000 after purchasing an additional 508,327 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $30.90 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $26.00 and a twelve month high of $34.77. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35. The stock has a market cap of $7.63 billion, a P/E ratio of 31.21, a PEG ratio of 10.05 and a beta of 0.91. The company’s 50-day simple moving average is $31.00 and its 200 day simple moving average is $31.15.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be paid a $0.67 dividend. The ex-dividend date is Monday, April 29th. This represents a $2.68 annualized dividend and a dividend yield of 8.67%. Omega Healthcare Investors’s dividend payout ratio is currently 270.71%.

Analyst Ratings Changes

A number of analysts have recently weighed in on OHI shares. Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $31.00 to $35.00 in a research note on Monday, February 26th. Bank of America downgraded Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price target for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft assumed coverage on Omega Healthcare Investors in a research report on Tuesday, January 30th. They set a “buy” rating and a $36.00 price objective for the company. Mizuho lowered their target price on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, January 3rd. Finally, 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 research report on Tuesday, April 2nd. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $33.58.

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.