Tyler Stone Wealth Management increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 31.3% in the fourth quarter, Holdings Channel reports. The firm owned 18,900 shares of the real estate investment trust’s stock after buying an additional 4,500 shares during the period. Tyler Stone Wealth Management’s holdings in Omega Healthcare Investors were worth $715,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Natixis Advisors LLC raised its position in Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock valued at $1,291,000 after purchasing an additional 331 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of Omega Healthcare Investors by 1.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 60,575 shares of the real estate investment trust’s stock valued at $2,465,000 after buying an additional 871 shares during the period. Pathstone Holdings LLC lifted its stake in Omega Healthcare Investors by 23.9% during the 3rd quarter. Pathstone Holdings LLC now owns 32,112 shares of the real estate investment trust’s stock worth $1,307,000 after acquiring an additional 6,199 shares in the last quarter. Citigroup Inc. lifted its stake in Omega Healthcare Investors by 20.1% during the 3rd quarter. Citigroup Inc. now owns 351,529 shares of the real estate investment trust’s stock worth $14,307,000 after acquiring an additional 58,950 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in Omega Healthcare Investors by 99.6% during the 3rd quarter. Cerity Partners LLC now owns 277,031 shares of the real estate investment trust’s stock valued at $11,275,000 after acquiring an additional 138,208 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.
Omega Healthcare Investors Trading Up 0.5 %
NYSE:OHI opened at $37.68 on Thursday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The stock has a market cap of $10.62 billion, a P/E ratio of 24.31, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The stock has a 50-day simple moving average of $37.10 and a 200-day simple moving average of $38.84.
Omega Healthcare Investors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.11%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.
Analysts Set New Price Targets
OHI has been the topic of several research reports. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. Mizuho increased their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Truist Financial boosted 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 note on Tuesday, March 18th. Wells Fargo & Company reduced their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research note on Monday, March 10th. Finally, JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.25.
Omega Healthcare Investors 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.
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