Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Position Increased by Parallel Advisors LLC

Parallel Advisors LLC grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,594 shares of the real estate investment trust’s stock after purchasing an additional 847 shares during the period. Parallel Advisors LLC’s holdings in Omega Healthcare Investors were worth $477,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Cibc World Markets Corp grew its holdings in Omega Healthcare Investors by 15.4% in the 4th quarter. Cibc World Markets Corp now owns 78,648 shares of the real estate investment trust’s stock worth $2,977,000 after buying an additional 10,508 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Omega Healthcare Investors by 18.4% in the fourth quarter. Harbour Investments Inc. now owns 7,817 shares of the real estate investment trust’s stock worth $296,000 after purchasing an additional 1,215 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Omega Healthcare Investors by 17.0% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,239 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 2,073 shares during the period. Natixis Advisors LLC raised its stake in shares of Omega Healthcare Investors by 9.5% during the fourth quarter. Natixis Advisors LLC now owns 34,736 shares of the real estate investment trust’s stock valued at $1,315,000 after purchasing an additional 3,025 shares in the last quarter. Finally, Frank Rimerman Advisors LLC lifted its holdings in Omega Healthcare Investors by 18.3% in the fourth quarter. Frank Rimerman Advisors LLC now owns 17,173 shares of the real estate investment trust’s stock worth $650,000 after purchasing an additional 2,660 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.6 %

Shares of Omega Healthcare Investors stock opened at $37.40 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The firm has a market capitalization of $10.54 billion, a PE ratio of 24.13, a price-to-earnings-growth 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. The stock’s fifty day moving average is $37.08 and its 200-day moving average is $38.89.

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

Omega Healthcare Investors Announces Dividend

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 7.17%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Mizuho raised their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Wells Fargo & Company dropped their target price on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a report on Monday, March 10th. Truist Financial increased their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday. BMO Capital Markets raised 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 note on Monday, December 9th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $41.44.

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.