Schroder Investment Management Group Increases Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Schroder Investment Management Group grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 527,309 shares of the real estate investment trust’s stock after purchasing an additional 120,967 shares during the quarter. Schroder Investment Management Group owned approximately 0.20% of Omega Healthcare Investors worth $19,779,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the fourth quarter worth approximately $26,000. Grove Bank & Trust purchased a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors in the 3rd quarter valued at $31,000. Kentucky Trust Co purchased a new stake in Omega Healthcare Investors in the 4th quarter valued at $38,000. Finally, UMB Bank n.a. boosted its stake in Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 454 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent research reports. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. BMO Capital Markets raised 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 lifted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Truist Financial upped their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $42.00.

Omega Healthcare Investors Trading Down 0.4 %

Shares of OHI stock opened at $37.90 on Thursday. The business’s fifty day moving average price is $37.15 and its 200 day moving average price is $38.75. The firm has a market capitalization of $10.68 billion, a PE ratio of 24.45, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1-year low of $29.66 and a 1-year high of $44.42.

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

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 172.90%.

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.