Omega Healthcare Investors, Inc. (NYSE:OHI) Holdings Trimmed by Values First Advisors Inc.

Values First Advisors Inc. trimmed its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 15.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,388 shares of the real estate investment trust’s stock after selling 3,094 shares during the period. Values First Advisors Inc.’s holdings in Omega Healthcare Investors were worth $502,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OHI. Federated Hermes Inc. grew its holdings in shares of Omega Healthcare Investors by 7,010.8% during the 1st quarter. Federated Hermes Inc. now owns 2,482,964 shares of the real estate investment trust’s stock valued at $77,369,000 after acquiring an additional 2,448,046 shares in the last quarter. State Street Corp lifted its stake in shares of Omega Healthcare Investors by 14.8% in the 1st quarter. State Street Corp now owns 13,300,467 shares of the real estate investment trust’s stock valued at $414,443,000 after purchasing an additional 1,715,004 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Omega Healthcare Investors by 150.5% in the 2nd quarter. Marshall Wace LLP now owns 2,731,979 shares of the real estate investment trust’s stock valued at $83,844,000 after purchasing an additional 1,641,488 shares during the last quarter. FMR LLC lifted its stake in shares of Omega Healthcare Investors by 96.5% in the 3rd quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust’s stock valued at $98,908,000 after purchasing an additional 1,464,693 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at $36,626,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded up $0.62 during trading hours on Thursday, hitting $31.67. 1,694,651 shares of the stock were exchanged, compared to its average volume of 1,877,736. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.76 and a current ratio of 6.76. The stock has a market capitalization of $7.77 billion, a P/E ratio of 31.99, a P/E/G ratio of 10.15 and a beta of 0.92. Omega Healthcare Investors, Inc. has a 12 month low of $26.00 and a 12 month high of $34.77. The business’s 50-day moving average is $30.38 and its two-hundred day moving average is $31.44.

Omega Healthcare Investors Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Monday, February 5th were paid a dividend of $0.67 per share. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.18. This represents a $2.68 annualized dividend and a dividend yield of 8.46%. The ex-dividend date was Friday, February 2nd. Omega Healthcare Investors’s dividend payout ratio is 270.71%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on OHI shares. Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $33.00 to $31.00 in a research note on Tuesday, January 16th. Mizuho cut their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, January 3rd. Citigroup raised shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $32.00 to $35.00 in a research report on Friday, March 22nd. Truist Financial cut their price objective on shares of Omega Healthcare Investors from $34.00 to $31.00 and set a “hold” rating for the company in a research report on Tuesday, December 26th. Finally, BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective for the company in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $32.89.

Omega Healthcare Investors Company 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.