Bokf Na Sells 2,149 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Bokf Na lessened its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,855 shares of the real estate investment trust’s stock after selling 2,149 shares during the quarter. Bokf Na’s holdings in Omega Healthcare Investors were worth $1,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its position in Omega Healthcare Investors by 259.1% during the first quarter. Lazard Asset Management LLC now owns 4,043 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 2,917 shares during the period. Epoch Investment Partners Inc. purchased a new stake in shares of Omega Healthcare Investors during the first quarter worth about $206,000. Cadence Bank purchased a new stake in shares of Omega Healthcare Investors during the first quarter worth about $651,000. CreativeOne Wealth LLC boosted its holdings in shares of Omega Healthcare Investors by 44.4% during the first quarter. CreativeOne Wealth LLC now owns 9,662 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 2,969 shares during the period. Finally, Sculati Wealth Management LLC boosted its holdings in shares of Omega Healthcare Investors by 2.7% during the first quarter. Sculati Wealth Management LLC now owns 56,182 shares of the real estate investment trust’s stock worth $1,779,000 after purchasing an additional 1,454 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of Omega Healthcare Investors stock traded down $0.06 during trading hours on Monday, reaching $36.24. The company’s stock had a trading volume of 126,047 shares, compared to its average volume of 1,662,677. The firm has a 50 day moving average price of $33.36 and a 200-day moving average price of $31.57. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $37.13. The company has a debt-to-equity ratio of 1.36, a current ratio of 6.68 and a quick ratio of 6.68. The stock has a market cap of $8.95 billion, a P/E ratio of 32.69, a P/E/G ratio of 1.41 and a beta of 0.97.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Monday, August 5th will be issued a $0.67 dividend. The ex-dividend date is Monday, August 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.40%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of analyst reports. Wells Fargo & Company raised shares of Omega Healthcare Investors to a “strong-buy” rating in a research note on Friday, June 14th. Mizuho downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and raised their target price for the company from $34.00 to $35.00 in a research note on Thursday. Scotiabank raised their target price on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 9th. Truist Financial raised their target price on shares of Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Wednesday, June 26th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday, May 6th. Nine analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $33.67.

Omega Healthcare Investors Profile

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.