51,611 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 51,611 shares of the real estate investment trust’s stock, valued at approximately $1,953,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Omega Healthcare Investors in the fourth quarter valued at about $110,160,000. Vanguard Group Inc. grew its stake in Omega Healthcare Investors by 5.0% in the 4th 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Omega Healthcare Investors by 328.6% in the 3rd 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 acquiring an additional 1,274,238 shares during the period. Daiwa Securities Group Inc. lifted its position in Omega Healthcare Investors by 22.6% during the fourth 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. Finally, Raymond James Financial Inc. bought a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $20,058,000. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Price Performance

OHI stock opened at $38.08 on Monday. The company’s 50-day moving average price is $37.11 and its two-hundred day moving average price is $38.80. The firm has a market cap of $10.73 billion, a P/E 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, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate 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, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

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

Analysts Set New Price Targets

OHI has been the subject of several research reports. Mizuho lifted their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. 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, March 18th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $41.00 to $39.00 in a research note on Thursday. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Monday, December 9th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $42.00.

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.