Sei Investments Co. Grows Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Sei Investments Co. grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 34.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,386,708 shares of the real estate investment trust’s stock after acquiring an additional 352,367 shares during the period. Sei Investments Co.’s holdings in Omega Healthcare Investors were worth $52,487,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of OHI. State Street Corp grew its holdings in Omega Healthcare Investors by 0.9% during the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock valued at $502,228,000 after purchasing an additional 114,085 shares during the period. Geode Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after buying an additional 192,465 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock worth $183,205,000 after acquiring an additional 890,912 shares during the last quarter. FMR LLC raised its stake in Omega Healthcare Investors by 9.9% in the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after acquiring an additional 380,626 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Omega Healthcare Investors by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,986,226 shares of the real estate investment trust’s stock valued at $150,879,000 after acquiring an additional 155,924 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several recent research reports. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. BMO Capital Markets upgraded shares of 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 note on Monday, December 9th. Mizuho increased their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Wells Fargo & Company reduced their price target on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. 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 report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $42.25.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $37.40 on Monday. The stock has a market cap of $10.54 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business has a 50-day simple moving average of $37.08 and a 200 day simple moving average of $38.88. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping 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, research analysts forecast 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 disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.17%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 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.