Aberdeen Group plc Boosts Holdings in Omega Healthcare Investors, Inc. $OHI

Aberdeen Group plc raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,305,221 shares of the real estate investment trust’s stock after acquiring an additional 89,625 shares during the period. Aberdeen Group plc owned approximately 0.44% of Omega Healthcare Investors worth $57,873,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in OHI. Vanguard Group Inc. raised its holdings in shares of Omega Healthcare Investors by 3.4% in the third quarter. Vanguard Group Inc. now owns 42,152,368 shares of the real estate investment trust’s stock worth $1,779,673,000 after buying an additional 1,386,887 shares during the period. State Street Corp lifted its holdings in shares of Omega Healthcare Investors by 4.8% in the 2nd quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock worth $534,792,000 after buying an additional 671,473 shares during the period. Invesco Ltd. raised its holdings in shares of Omega Healthcare Investors by 101.7% in the third quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock valued at $208,775,000 after acquiring an additional 2,493,877 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Omega Healthcare Investors by 2.6% in the third quarter. Dimensional Fund Advisors LP now owns 4,211,183 shares of the real estate investment trust’s stock worth $177,790,000 after acquiring an additional 107,843 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Omega Healthcare Investors by 6.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,761,216 shares of the real estate investment trust’s stock worth $158,799,000 after acquiring an additional 239,134 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a “hold” rating and set a $45.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, December 15th. BMO Capital Markets cut Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price objective for the company. in a research note on Friday, January 9th. Truist Financial lifted their target price on Omega Healthcare Investors from $46.00 to $48.00 and gave the company a “hold” rating in a research note on Thursday, March 5th. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Finally, Cantor Fitzgerald increased their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $48.00.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $45.02 on Friday. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $49.14. The stock’s 50-day moving average price is $46.00 and its 200-day moving average price is $44.17. The stock has a market capitalization of $13.31 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 1.90 and a beta of 0.59.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a dividend of $0.67 per share. The ex-dividend date was Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a yield of 6.0%. Omega Healthcare Investors’s dividend payout ratio is currently 138.86%.

Omega Healthcare Investors Company 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.