Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Cwm LLC

Cwm LLC decreased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 23.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,831 shares of the real estate investment trust’s stock after selling 1,151 shares during the quarter. Cwm LLC’s holdings in Omega Healthcare Investors were worth $117,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Peoples Bank KS acquired a new position in shares of Omega Healthcare Investors during the third quarter valued at $33,000. NBC Securities Inc. acquired a new stake in Omega Healthcare Investors in the third quarter worth about $34,000. Highlander Capital Management LLC lifted its holdings in Omega Healthcare Investors by 150.0% in the fourth quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 750 shares during the period. Clear Street Markets LLC acquired a new stake in Omega Healthcare Investors in the third quarter worth about $73,000. Finally, Allworth Financial LP lifted its holdings in Omega Healthcare Investors by 699.4% in the fourth quarter. Allworth Financial LP now owns 2,854 shares of the real estate investment trust’s stock worth $87,000 after purchasing an additional 2,497 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analysts Set New Price Targets

OHI has been the subject of several research analyst reports. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $33.00 to $31.00 in a report on Tuesday, January 16th. Truist Financial boosted their price target on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the stock a “hold” rating in a research report on Tuesday, April 2nd. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Omega Healthcare Investors in a research report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $31.00 to $35.00 in a research report on Monday, February 26th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $33.63.

Omega Healthcare Investors Price Performance

Shares of OHI opened at $31.14 on Tuesday. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 28.05, a P/E/G ratio of 10.26 and a beta of 0.92. Omega Healthcare Investors, Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.77. The company has a debt-to-equity ratio of 1.36, a current ratio of 6.68 and a quick ratio of 6.76. The business’s 50-day moving average is $30.97 and its 200-day moving average is $30.96.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th will be issued a $0.67 dividend. The ex-dividend date is Monday, April 29th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.61%. Omega Healthcare Investors’s dividend payout ratio is 241.44%.

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.