Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,812 shares of the real estate investment trust’s stock after buying an additional 3,340 shares during the quarter. Advisory Services Network LLC’s holdings in Omega Healthcare Investors were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter worth about $110,160,000. Vanguard Group Inc. grew its position in Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock worth $1,440,646,000 after purchasing an additional 1,809,519 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Omega Healthcare Investors by 22.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after purchasing an additional 890,912 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth $20,058,000. Finally, Geode Capital Management LLC raised its holdings in shares of Omega Healthcare Investors by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust’s stock worth $262,329,000 after buying an additional 503,190 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $37.84 on Friday. The firm has a market capitalization of $10.66 billion, a P/E ratio of 24.41, a PEG ratio of 1.09 and a beta of 0.75. The stock has a 50-day simple moving average of $37.15 and a two-hundred day simple moving average of $38.55. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. 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 announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating 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%. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analyst Weigh In

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

About Omega Healthcare Investors

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.