Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Holdings Lessened by Fmr LLC

Fmr LLC lessened its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 24.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,181,841 shares of the real estate investment trust’s stock after selling 1,034,994 shares during the quarter. Fmr LLC’s holdings in Omega Healthcare Investors were worth $120,433,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Johnson Investment Counsel Inc. lifted its holdings in shares of Omega Healthcare Investors by 2.3% during the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 295 shares during the last quarter. US Bancorp DE lifted its stake in Omega Healthcare Investors by 1.9% during the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock valued at $612,000 after buying an additional 309 shares in the last quarter. Samalin Investment Counsel LLC boosted its holdings in shares of Omega Healthcare Investors by 1.5% in the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust’s stock worth $817,000 after buying an additional 314 shares during the period. Loomis Sayles & Co. L P increased its position in shares of Omega Healthcare Investors by 27.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 319 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Omega Healthcare Investors by 0.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after acquiring an additional 325 shares during the period. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

OHI has been the subject of a number of recent analyst reports. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $41.00 to $39.00 in a report on Thursday, March 27th. Finally, Truist Financial increased 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 investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Price Performance

OHI opened at $38.13 on Tuesday. The stock has a fifty day moving average price of $37.14 and a 200 day moving average price of $38.52. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. 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 $10.75 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 1.09 and a beta of 0.75.

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 (EPS) 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%. Analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.03%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is 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.