Creative Financial Designs Inc. ADV Sells 382 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Creative Financial Designs Inc. ADV trimmed its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,711 shares of the real estate investment trust’s stock after selling 382 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Omega Healthcare Investors were worth $178,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in OHI. Daiwa Securities Group Inc. lifted its stake in shares of Omega Healthcare Investors by 317.7% in the third quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust’s stock valued at $160,739,000 after buying an additional 3,003,845 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Omega Healthcare Investors by 328.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock valued at $67,642,000 after buying an additional 1,274,238 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Omega Healthcare Investors in the fourth quarter valued at $20,058,000. FMR LLC lifted its stake in shares of Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after buying an additional 380,626 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Omega Healthcare Investors by 441.4% in the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after buying an additional 350,570 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on OHI shares. Wells Fargo & Company dropped their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. Truist Financial raised their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Monday, December 9th. Finally, Mizuho raised their price target on shares of 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 investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and an average target price of $41.44.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $37.81 on Thursday. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a 50-day simple moving average of $37.07 and a 200 day simple moving average of $38.91. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market capitalization of $10.66 billion, a PE ratio of 24.39, a price-to-earnings-growth 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. On average, research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.09%. Omega Healthcare Investors’s payout ratio is 172.90%.

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.