Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Amalgamated Bank

Amalgamated Bank lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 163,262 shares of the real estate investment trust’s stock after purchasing an additional 3,767 shares during the period. Amalgamated Bank owned approximately 0.07% of Omega Healthcare Investors worth $5,006,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of OHI. Peoples Bank KS purchased a new stake in shares of Omega Healthcare Investors in the third quarter valued at about $33,000. NBC Securities Inc. purchased a new stake in Omega Healthcare Investors in the 3rd quarter valued at approximately $34,000. GAMMA Investing LLC acquired a new stake in Omega Healthcare Investors during the 4th quarter valued at $35,000. Highlander Capital Management LLC increased its position in Omega Healthcare Investors by 150.0% during the fourth quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 750 shares in the last quarter. Finally, Clear Street Markets LLC acquired a new position in shares of Omega Healthcare Investors in the third quarter worth $73,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OHI has been the subject of several analyst reports. Wells Fargo & Company raised shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $31.00 to $35.00 in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on Omega Healthcare Investors in a research report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price objective for the company. BNP Paribas raised Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price target on the stock in a research note on Thursday, February 8th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday. Finally, Bank of America lowered Omega Healthcare Investors from a “buy” rating to a “neutral” rating and cut their target price for the stock from $33.00 to $31.00 in a research report on Tuesday, January 16th. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Hold” and an average target price of $33.63.

Omega Healthcare Investors Trading Down 0.6 %

NYSE:OHI opened at $30.94 on Wednesday. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $34.77. The business’s 50-day simple moving average is $30.97 and its 200 day simple moving average is $30.94. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.76 and a current ratio of 6.68. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 27.87, a price-to-earnings-growth ratio of 10.26 and a beta of 0.92.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors 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 dividend on an annualized basis and a dividend yield of 8.66%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

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.