Daiwa Securities Group Inc. Sells 3,890 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Daiwa Securities Group Inc. trimmed its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,876 shares of the real estate investment trust’s stock after selling 3,890 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Omega Healthcare Investors were worth $2,449,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Omega Healthcare Investors by 44.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 153,897 shares of the real estate investment trust’s stock worth $4,718,000 after buying an additional 47,101 shares in the last quarter. Strs Ohio boosted its stake in shares of Omega Healthcare Investors by 46.8% in the 4th quarter. Strs Ohio now owns 552,110 shares of the real estate investment trust’s stock valued at $16,927,000 after purchasing an additional 175,909 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Omega Healthcare Investors by 16.2% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,159 shares of the real estate investment trust’s stock valued at $219,000 after purchasing an additional 1,000 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Omega Healthcare Investors by 6.2% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 287,388 shares of the real estate investment trust’s stock valued at $8,811,000 after purchasing an additional 16,727 shares in the last quarter. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at approximately $2,109,000. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Truist Financial raised their price target on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research note on Tuesday, April 2nd. Citigroup upgraded shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $35.00 in a report on Friday, March 22nd. Deutsche Bank Aktiengesellschaft started coverage on shares of Omega Healthcare Investors in a report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price objective for the company. BNP Paribas upgraded 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 report on Thursday, February 8th. Finally, Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $33.00 to $31.00 in a report on Tuesday, January 16th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $33.58.

Omega Healthcare Investors Trading Up 1.5 %

Shares of Omega Healthcare Investors stock opened at $30.42 on Monday. Omega Healthcare Investors, Inc. has a 52-week low of $26.00 and a 52-week high of $34.77. The stock’s 50-day simple moving average is $31.02 and its 200 day simple moving average is $31.19. The stock has a market capitalization of $7.46 billion, a P/E ratio of 30.73, a P/E/G ratio of 9.96 and a beta of 0.91. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.76 and a current ratio of 6.76.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 8.81%. The ex-dividend date is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is presently 270.71%.

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.