Omega Healthcare Investors, Inc. $OHI Shares Sold by Denali Advisors LLC

Denali Advisors LLC decreased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 36.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,240 shares of the real estate investment trust’s stock after selling 16,475 shares during the quarter. Denali Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,235,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Omega Healthcare Investors in the 2nd quarter valued at approximately $26,000. Smartleaf Asset Management LLC grew its stake in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 268 shares in the last quarter. CENTRAL TRUST Co increased its holdings in shares of Omega Healthcare Investors by 1,654.4% during the second quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 943 shares during the period. Salem Investment Counselors Inc. bought a new stake in shares of Omega Healthcare Investors during the third quarter valued at about $39,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Omega Healthcare Investors in the second quarter worth about $41,000. Institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. UBS Group reissued a “buy” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a report on Friday, February 6th. Truist Financial boosted their price objective on Omega Healthcare Investors from $44.00 to $46.00 and gave the stock a “hold” rating in a research note on Monday, December 1st. Scotiabank upped their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $48.00 to $45.00 in a report on Thursday, January 29th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $45.00 price target on shares of Omega Healthcare Investors in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $47.36.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $47.41 on Tuesday. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $47.94. The company’s fifty day moving average is $44.49 and its 200-day moving average is $43.02. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.78. The firm has a market cap of $14.01 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 1.53 and a beta of 0.57.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Monday, February 9th. Omega Healthcare Investors’s payout ratio is 138.86%.

Omega Healthcare Investors Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.