Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Holdings Increased by Allworth Financial LP

Allworth Financial LP boosted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 699.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,854 shares of the real estate investment trust’s stock after buying an additional 2,497 shares during the quarter. Allworth Financial LP’s holdings in Omega Healthcare Investors were worth $87,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. CreativeOne Wealth LLC boosted its stake in Omega Healthcare Investors by 3.9% in the second quarter. CreativeOne Wealth LLC now owns 9,530 shares of the real estate investment trust’s stock valued at $292,000 after acquiring an additional 356 shares during the period. Belpointe Asset Management LLC raised its holdings in Omega Healthcare Investors by 2.5% during the first quarter. Belpointe Asset Management LLC now owns 14,406 shares of the real estate investment trust’s stock worth $395,000 after purchasing an additional 356 shares in the last quarter. Choreo LLC raised its holdings in Omega Healthcare Investors by 3.5% during the third quarter. Choreo LLC now owns 11,368 shares of the real estate investment trust’s stock worth $377,000 after purchasing an additional 381 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in Omega Healthcare Investors by 3.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 12,500 shares of the real estate investment trust’s stock worth $369,000 after purchasing an additional 405 shares in the last quarter. Finally, Mckinley Capital Management LLC raised its holdings in Omega Healthcare Investors by 1.1% during the third quarter. Mckinley Capital Management LLC now owns 40,090 shares of the real estate investment trust’s stock worth $1,329,000 after purchasing an additional 423 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Trading Down 0.6 %

Shares of NYSE:OHI opened at $30.50 on Friday. The stock has a market capitalization of $7.48 billion, a PE ratio of 30.81, a P/E/G ratio of 10.05 and a beta of 0.91. Omega Healthcare Investors, Inc. has a 1 year low of $26.00 and a 1 year high of $34.77. The firm has a fifty day moving average price of $30.90 and a 200 day moving average price of $31.31. The company has a current ratio of 6.76, a quick ratio of 6.76 and a debt-to-equity ratio of 1.35.

Omega Healthcare Investors Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, February 5th were issued a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.18. This represents a $2.68 dividend on an annualized basis and a yield of 8.79%. Omega Healthcare Investors’s dividend payout ratio is currently 270.71%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Truist Financial upped their price target on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, April 2nd. Citigroup raised shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and boosted their target price for the company from $32.00 to $35.00 in a research note on Friday, March 22nd. Deutsche Bank Aktiengesellschaft began coverage on shares of Omega Healthcare Investors in a research note on Tuesday, January 30th. They set a “buy” rating and a $36.00 target price on the stock. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 target price on the stock in a research note on Thursday, February 8th. Finally, Mizuho cut their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday, January 3rd. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus price target of $33.58.

About Omega Healthcare Investors

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.