Hsbc Holdings PLC Has $7.67 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Hsbc Holdings PLC increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) by 107.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 249,374 shares of the real estate investment trust’s stock after purchasing an additional 129,009 shares during the period. Hsbc Holdings PLC owned approximately 0.10% of Omega Healthcare Investors worth $7,669,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Royal Fund Management LLC raised its position in Omega Healthcare Investors by 1.0% in the fourth quarter. Royal Fund Management LLC now owns 35,656 shares of the real estate investment trust’s stock worth $1,093,000 after purchasing an additional 369 shares in the last quarter. Choreo LLC raised its position 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 purchasing an additional 381 shares in the last quarter. Quadrant Capital Group LLC raised its position in Omega Healthcare Investors by 11.5% in the fourth quarter. Quadrant Capital Group LLC now owns 3,834 shares of the real estate investment trust’s stock worth $118,000 after purchasing an additional 394 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in Omega Healthcare Investors by 1.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 27,345 shares of the real estate investment trust’s stock worth $838,000 after purchasing an additional 422 shares in the last quarter. Finally, Mckinley Capital Management LLC raised its position 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 worth $1,329,000 after purchasing an additional 423 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 0.1 %

OHI opened at $32.31 on Tuesday. The firm’s fifty day moving average is $31.04 and its two-hundred day moving average is $30.79. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.68 and a current ratio of 6.68. The firm has a market cap of $7.98 billion, a PE ratio of 29.10, a price-to-earnings-growth ratio of 2.67 and a beta of 0.96. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $34.77.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, April 29th. This represents a $2.68 annualized dividend and a yield of 8.30%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on OHI shares. Wells Fargo & Company raised shares of Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $31.00 to $35.00 in a research note on Monday, February 26th. Truist Financial upped their price objective 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. Citigroup raised shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $32.00 to $35.00 in a research note on Friday, March 22nd. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Monday, May 6th. Finally, BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective on the stock in a research note on Thursday, February 8th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and a consensus target price of $33.63.

View Our Latest Stock Analysis on Omega Healthcare Investors

Omega Healthcare Investors Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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