Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $5.58 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 47.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 147,353 shares of the real estate investment trust’s stock after buying an additional 47,361 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Omega Healthcare Investors were worth $5,577,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Omega Healthcare Investors by 3.1% during the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after purchasing an additional 192,465 shares during the last quarter. State Street Corp boosted its position in Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Assetmark Inc. boosted its position in Omega Healthcare Investors by 2.9% during the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust’s stock valued at $46,401,000 after purchasing an additional 34,463 shares during the last quarter. Tallon Kerry Patrick acquired a new position in Omega Healthcare Investors during the fourth quarter valued at approximately $1,250,000. Finally, BNP Paribas Financial Markets lifted its position in shares of Omega Healthcare Investors by 120.8% in the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after buying an additional 123,836 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 $37.40 on Friday. The stock has a 50 day simple moving average of $37.08 and a 200 day simple moving average of $38.88. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market cap of $10.54 billion, a P/E ratio of 24.13, a PEG ratio of 1.09 and a beta of 1.00.

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

Omega Healthcare Investors Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on OHI shares. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets raised 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. Wells Fargo & Company cut their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. Truist Financial raised their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday, March 18th. Finally, Mizuho raised their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average 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.