Maridea Wealth Management LLC Makes New Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Maridea Wealth Management LLC acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 18,829 shares of the real estate investment trust’s stock, valued at approximately $713,000.

A number of other institutional investors have also added to or reduced their stakes in OHI. Vanguard Group Inc. increased its position in shares of Omega Healthcare Investors by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock valued at $1,440,646,000 after buying an additional 1,809,519 shares during the period. State Street Corp lifted its stake in Omega Healthcare Investors by 0.9% in the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Omega Healthcare Investors by 3.1% in 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 purchasing an additional 192,465 shares during the period. Daiwa Securities Group Inc. grew its position in shares of Omega Healthcare Investors by 22.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after purchasing an additional 890,912 shares in the last quarter. Finally, FMR LLC increased its holdings 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 worth $171,625,000 after purchasing an additional 380,626 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $38.08 on Friday. The firm has a fifty day simple moving average of $37.11 and a two-hundred day simple moving average of $38.82. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a market capitalization of $10.73 billion, a PE ratio of 24.57, a P/E/G 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.

Omega Healthcare Investors (NYSE:OHI) last issued 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%. Research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.04%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on OHI shares. Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $41.00 to $39.00 in a research note on Thursday. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial raised their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. 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 note on Thursday, December 5th. Finally, 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 on the stock in a research report on Monday, December 9th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Company 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.