Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 121,918 shares of the real estate investment trust’s stock after buying an additional 3,645 shares during the quarter. Advisors Asset Management Inc.’s holdings in Omega Healthcare Investors were worth $4,615,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Johnson Investment Counsel Inc. lifted its stake in shares of Omega Healthcare Investors by 2.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock worth $498,000 after acquiring an additional 295 shares during the period. US Bancorp DE lifted its position in Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 309 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Omega Healthcare Investors by 0.6% during the 4th 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 purchasing an additional 325 shares during the period. Natixis Advisors LLC raised its stake in shares of Omega Healthcare Investors by 1.1% in the 3rd quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after buying an additional 331 shares in the last quarter. Finally, Simon Quick Advisors LLC lifted its holdings in shares of Omega Healthcare Investors by 1.6% in the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock valued at $817,000 after buying an additional 350 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $37.81 on Thursday. The company has a market capitalization of $10.66 billion, a price-to-earnings ratio of 24.39, a P/E/G ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock’s fifty day simple moving average is $37.07 and its 200-day simple moving average is $38.91.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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%. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business 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. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.09%. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Ratings Changes

Several equities research analysts have commented on OHI shares. Mizuho boosted their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company decreased 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. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. Finally, Truist Financial lifted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $41.44.

Omega Healthcare Investors 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.