International Assets Investment Management LLC Acquires 124,894 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

International Assets Investment Management LLC raised its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2,977.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,089 shares of the real estate investment trust’s stock after purchasing an additional 124,894 shares during the period. International Assets Investment Management LLC’s holdings in Omega Healthcare Investors were worth $4,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Choreo LLC lifted its stake in Omega Healthcare Investors by 3.5% in the third quarter. Choreo LLC now owns 11,368 shares of the real estate investment trust’s stock worth $377,000 after acquiring an additional 381 shares during the period. Mckinley Capital Management LLC grew its holdings in Omega Healthcare Investors by 1.1% in the third quarter. Mckinley Capital Management LLC now owns 40,090 shares of the real estate investment trust’s stock valued at $1,329,000 after purchasing an additional 423 shares during the period. Cascade Investment Group Inc. increased its stake in shares of Omega Healthcare Investors by 0.8% during the fourth quarter. Cascade Investment Group Inc. now owns 53,427 shares of the real estate investment trust’s stock worth $1,638,000 after purchasing an additional 425 shares in the last quarter. Wright Investors Service Inc. increased its position in shares of Omega Healthcare Investors by 1.8% during the third quarter. Wright Investors Service Inc. now owns 26,785 shares of the real estate investment trust’s stock worth $888,000 after purchasing an additional 473 shares in the last quarter. Finally, Jeppson Wealth Management LLC raised its position in shares of Omega Healthcare Investors by 0.9% in the fourth quarter. Jeppson Wealth Management LLC now owns 53,757 shares of the real estate investment trust’s stock valued at $1,648,000 after buying an additional 498 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Down 0.3 %

OHI stock opened at $30.83 on Thursday. 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 company has a market cap of $7.61 billion, a price-to-earnings ratio of 27.77, a price-to-earnings-growth ratio of 10.26 and a beta of 0.92. Omega Healthcare Investors, Inc. has a 12 month low of $27.53 and a 12 month high of $34.77. The company has a fifty day moving average price of $30.95 and a 200 day moving average price of $30.94.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 8.69%. The ex-dividend date of this dividend is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is presently 241.44%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Bank of America lowered Omega Healthcare Investors from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $33.00 to $31.00 in a report on Tuesday, January 16th. Citigroup upgraded shares of 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. Deutsche Bank Aktiengesellschaft assumed coverage on Omega Healthcare Investors in a research note on Tuesday, January 30th. They set a “buy” rating and a $36.00 price target on the stock. BNP Paribas upgraded Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 target price for the company in a report on Thursday, February 8th. Finally, 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 note on Tuesday, April 2nd. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $33.63.

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.