Maridea Wealth Management LLC Purchases Shares of 18,829 Omega Healthcare Investors, Inc. (NYSE:OHI)

Maridea Wealth Management LLC acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,829 shares of the real estate investment trust’s stock, valued at approximately $713,000.

Several other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $110,160,000. Vanguard Group Inc. grew its position 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 purchasing an additional 1,809,519 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position 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 purchasing an additional 1,274,238 shares during the period. Daiwa Securities Group Inc. raised its holdings 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 buying an additional 890,912 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Omega Healthcare Investors in the fourth quarter valued at $20,058,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $38.08 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market capitalization of $10.73 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a 50-day simple moving average of $37.11 and a 200 day simple moving average of $38.82.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS 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%. On average, research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

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.