Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 17.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 31,736 shares of the real estate investment trust’s stock after purchasing an additional 4,669 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Omega Healthcare Investors were worth $1,209,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of Omega Healthcare Investors during the first quarter worth $29,000. Loomis Sayles & Co. L P raised its position in shares of Omega Healthcare Investors by 27.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 319 shares during the period. Dunhill Financial LLC raised its position in shares of Omega Healthcare Investors by 97.9% during the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust’s stock worth $57,000 after purchasing an additional 750 shares during the period. CoreCap Advisors LLC raised its position in shares of Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 1,009 shares during the period. Finally, Park Square Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter worth $61,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $36.58 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $33.43 and a 1-year high of $44.42. The company has a current ratio of 6.58, a quick ratio of 6.58 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $10.58 billion, a price-to-earnings ratio of 22.72, a P/E/G ratio of 2.15 and a beta of 0.69. The stock’s fifty day simple moving average is $36.96 and its 200-day simple moving average is $37.28.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.75. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The business had revenue of $228.38 million for the quarter, compared to the consensus estimate of $236.61 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. Omega Healthcare Investors’s revenue for the quarter was up 13.8% compared to the same quarter last year. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.33%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors’s payout ratio is currently 166.46%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Wells Fargo & Company cut their target price on Omega Healthcare Investors from $39.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Monday, June 2nd. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $41.88.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.