Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by World Investment Advisors

World Investment Advisors lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 303.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,794 shares of the real estate investment trust’s stock after buying an additional 16,394 shares during the quarter. World Investment Advisors’ holdings in Omega Healthcare Investors were worth $825,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the fourth quarter worth about $30,000. Dunhill Financial LLC acquired a new position in Omega Healthcare Investors in the third quarter worth about $31,000. Kentucky Trust Co bought a new stake in Omega Healthcare Investors in the fourth quarter valued at about $38,000. Finally, UMB Bank n.a. raised its stake in Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 454 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

OHI has been the subject of several research reports. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Truist Financial raised their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Finally, BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Trading Down 3.3 %

Shares of NYSE:OHI opened at $37.37 on Monday. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The company’s 50-day moving average price is $37.18 and its 200 day moving average price is $38.70. The company has a market cap of $10.53 billion, a PE ratio of 24.11, a P/E/G ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.