Two Sigma Advisers LP Has $12.63 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Two Sigma Advisers LP increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2,777.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,800 shares of the real estate investment trust’s stock after buying an additional 322,200 shares during the period. Two Sigma Advisers LP owned about 0.12% of Omega Healthcare Investors worth $12,634,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in OHI. Tallon Kerry Patrick acquired a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $1,250,000. Diversify Advisory Services LLC acquired a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $272,000. UMB Bank n.a. lifted its position in shares of Omega Healthcare Investors by 68.6% in the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 454 shares during the period. Simon Quick Advisors LLC lifted its position in shares of Omega Healthcare Investors by 1.6% in the 4th quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after purchasing an additional 350 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of Omega Healthcare Investors by 4.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 32,802 shares of the real estate investment trust’s stock worth $1,242,000 after purchasing an additional 1,309 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on OHI shares. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. 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 report on Tuesday, March 18th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Stock Performance

NYSE:OHI opened at $36.01 on Friday. The company has a fifty day moving average of $37.40 and a 200-day moving average of $37.87. The firm has a market capitalization of $10.42 billion, a P/E ratio of 23.23, a P/E/G ratio of 1.09 and a beta of 0.73. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a twelve month low of $30.75 and a twelve month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, meeting the consensus estimate of $0.75. The company had revenue of $228.38 million during the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Omega Healthcare Investors’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.68 EPS. As a group, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.44%. Omega Healthcare Investors’s dividend payout ratio is currently 166.46%.

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.