XML Financial LLC Lowers Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

XML Financial LLC cut its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.2% in the third quarter, Holdings Channel reports. The institutional investor owned 77,301 shares of the real estate investment trust’s stock after selling 6,889 shares during the quarter. XML Financial LLC’s holdings in Omega Healthcare Investors were worth $3,146,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in Omega Healthcare Investors by 93.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 4,803 shares of the real estate investment trust’s stock valued at $152,000 after purchasing an additional 2,324 shares in the last quarter. Norden Group LLC purchased a new position in Omega Healthcare Investors in the 1st quarter valued at about $214,000. Quantbot Technologies LP acquired a new stake in Omega Healthcare Investors in the 1st quarter worth about $664,000. SG Americas Securities LLC purchased a new stake in Omega Healthcare Investors during the 1st quarter worth approximately $3,752,000. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of Omega Healthcare Investors by 11.8% during the first quarter. Concurrent Investment Advisors LLC now owns 17,592 shares of the real estate investment trust’s stock valued at $557,000 after acquiring an additional 1,856 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Up 1.5 %

Shares of NYSE:OHI opened at $41.35 on Friday. The company has a market capitalization of $11.16 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 1.27 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 12-month low of $27.53 and a 12-month high of $44.42. The business has a 50-day moving average price of $40.59 and a 200 day moving average price of $36.32. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 1.10.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date of this dividend is Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 197.06%.

Analysts Set New Price Targets

Several analysts recently commented on the company. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research report on Thursday, October 31st. BMO Capital Markets increased their target price on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company a “market perform” rating in a research report on Monday, October 7th. Berenberg Bank assumed coverage on shares of Omega Healthcare Investors in a research report on Friday, October 18th. They set a “buy” rating and a $45.00 price target on the stock. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “hold” rating in a report on Wednesday, September 4th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a report on Tuesday, October 1st. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Hold” and an average price target of $39.70.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, CFO Robert O. Stephenson sold 22,542 shares of the business’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $40.19, for a total value of $905,962.98. Following the sale, the chief financial officer now owns 183,076 shares of the company’s stock, valued at $7,357,824.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Omega Healthcare Investors news, COO Daniel J. Booth sold 56,725 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the sale, the chief operating officer now directly owns 100,000 shares in the company, valued at $4,025,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Robert O. Stephenson sold 22,542 shares of the company’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $40.19, for a total value of $905,962.98. Following the sale, the chief financial officer now directly owns 183,076 shares in the company, valued at $7,357,824.44. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Omega Healthcare Investors Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.