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

Pictet Asset Management SA lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHIGet Rating) by 2.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 93,201 shares of the real estate investment trust’s stock after buying an additional 2,265 shares during the quarter. Pictet Asset Management SA’s holdings in Omega Healthcare Investors were worth $2,627,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of OHI. SG Americas Securities LLC lifted its position in shares of Omega Healthcare Investors by 9.5% in the 1st quarter. SG Americas Securities LLC now owns 52,911 shares of the real estate investment trust’s stock worth $1,649,000 after buying an additional 4,584 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Omega Healthcare Investors by 136.1% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 31,566 shares of the real estate investment trust’s stock worth $984,000 after buying an additional 18,197 shares during the last quarter. Fort Washington Investment Advisors Inc. OH lifted its position in shares of Omega Healthcare Investors by 14.6% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 10,200 shares of the real estate investment trust’s stock worth $318,000 after buying an additional 1,300 shares during the last quarter. Securian Asset Management Inc. lifted its position in shares of Omega Healthcare Investors by 9.9% in the 1st quarter. Securian Asset Management Inc. now owns 62,642 shares of the real estate investment trust’s stock worth $1,952,000 after buying an additional 5,620 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its position in shares of Omega Healthcare Investors by 5.2% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 125,599 shares of the real estate investment trust’s stock worth $3,914,000 after buying an additional 6,250 shares during the last quarter. 64.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OHI. StockNews.com began coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Robert W. Baird downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and set a $30.00 price objective on the stock. in a research report on Monday, October 10th. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and cut their price objective for the company from $35.00 to $33.00 in a research report on Monday, November 14th. Truist Financial lifted their price objective on shares of Omega Healthcare Investors from $30.00 to $34.00 and gave the company a “hold” rating in a research report on Tuesday, September 13th. Finally, Raymond James lifted their price objective on shares of Omega Healthcare Investors from $34.00 to $35.00 and gave the company an “outperform” rating in a research report on Wednesday, November 9th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and a consensus target price of $31.33.

Omega Healthcare Investors Stock Up 1.9 %

Omega Healthcare Investors stock opened at $30.90 on Tuesday. The stock has a market cap of $7.24 billion, a price-to-earnings ratio of 17.76 and a beta of 0.99. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 1.36. The company’s 50-day moving average price is $30.71 and its two-hundred day moving average price is $30.49. Omega Healthcare Investors, Inc. has a 52 week low of $24.81 and a 52 week high of $33.71.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, October 31st. This represents a $2.68 annualized dividend and a yield of 8.67%. Omega Healthcare Investors’s payout ratio is 154.02%.

About Omega Healthcare Investors

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Omega is a real estate investment trust 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 US, as well as in the UK.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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