Signaturefd LLC Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Signaturefd LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 27.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,803 shares of the real estate investment trust’s stock after acquiring an additional 1,904 shares during the quarter. Signaturefd LLC’s holdings in Omega Healthcare Investors were worth $270,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. abrdn plc boosted its position in Omega Healthcare Investors by 7.2% during the fourth quarter. abrdn plc now owns 1,307,168 shares of the real estate investment trust’s stock worth $40,078,000 after acquiring an additional 87,686 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position 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 during the period. Strs Ohio boosted its stake in 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 worth $16,927,000 after buying an additional 175,909 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in 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 buying an additional 1,000 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Omega Healthcare Investors by 6.2% during 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 acquiring an additional 16,727 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OHI has been the subject of a number of recent analyst reports. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their target price for the company from $33.00 to $31.00 in a report on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft started coverage on Omega Healthcare Investors in a report on Tuesday, January 30th. They set a “buy” rating and a $36.00 price objective for the company. Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and lifted their target price for the company from $32.00 to $35.00 in a report on Friday, March 22nd. BNP Paribas upgraded Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price target for the company in a research note on Thursday, February 8th. Finally, Mizuho cut their price objective on Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, January 3rd. Seven 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 currently has a consensus rating of “Hold” and a consensus price target of $33.58.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI opened at $31.09 on Friday. The business’s 50-day simple moving average is $31.01 and its 200 day simple moving average is $31.13. The company has a market cap of $7.68 billion, a P/E ratio of 31.40, a PEG ratio of 10.12 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, Inc. has a one year low of $26.11 and a one year high of $34.77.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 8.62%. The ex-dividend date is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio (DPR) is 270.71%.

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.