Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,918 shares of the real estate investment trust’s stock after purchasing an additional 3,645 shares during the period. Advisors Asset Management Inc.’s holdings in Omega Healthcare Investors were worth $4,615,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stonebridge Financial Group LLC purchased a new position in Omega Healthcare Investors in the 4th quarter valued at about $26,000. Dunhill Financial LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $31,000. True Wealth Design LLC purchased a new position in Omega Healthcare Investors in the third quarter valued at about $31,000. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $30,000. Finally, Kentucky Trust Co acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at approximately $38,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 1.0 %

Shares of NYSE OHI opened at $37.81 on Thursday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a market cap of $10.66 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock’s 50 day simple moving average is $37.07 and its 200 day simple moving average is $38.91.

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

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.09%. Omega Healthcare Investors’s payout ratio is currently 172.90%.

Wall Street Analysts Forecast Growth

OHI has been the topic of several recent analyst reports. Truist Financial upped their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report 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 report 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 report on Thursday, December 5th. Finally, Wells Fargo & Company lowered their price target on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a report on Monday, March 10th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.44.

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.