Omega Healthcare Investors, Inc. $OHI Shares Bought by Cwm LLC

Cwm LLC lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 32.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,716 shares of the real estate investment trust’s stock after purchasing an additional 17,966 shares during the quarter. Cwm LLC’s holdings in Omega Healthcare Investors were worth $3,269,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. GeoWealth Management LLC raised its position in shares of Omega Healthcare Investors by 1.3% during the 3rd quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock worth $796,000 after buying an additional 239 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares during the period. DAVENPORT & Co LLC boosted its holdings in shares of Omega Healthcare Investors by 2.1% in the fourth quarter. DAVENPORT & Co LLC now owns 13,035 shares of the real estate investment trust’s stock valued at $578,000 after acquiring an additional 272 shares in the last quarter. Guggenheim Capital LLC increased its stake in shares of Omega Healthcare Investors by 1.0% during the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after acquiring an additional 280 shares during the period. Finally, CI Investments Inc. increased its stake in shares of Omega Healthcare Investors by 19.8% during the third quarter. CI Investments Inc. now owns 1,715 shares of the real estate investment trust’s stock valued at $72,000 after acquiring an additional 283 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

OHI opened at $46.36 on Friday. The firm has a market capitalization of $13.81 billion, a P/E ratio of 24.02, a PEG ratio of 2.00 and a beta of 0.59. The stock has a fifty day moving average of $46.41 and a 200-day moving average of $44.58. 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 12-month low of $35.08 and a 12-month high of $49.14.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio is 138.86%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Royal Bank Of Canada upped their price objective on Omega Healthcare Investors from $44.00 to $47.00 and gave the company a “sector perform” rating in a report on Tuesday, February 10th. Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $45.00 to $47.00 and gave the stock an “equal weight” rating in a report on Thursday, March 26th. UBS Group reiterated a “buy” rating and issued a $52.00 price target on shares of Omega Healthcare Investors in a research report on Friday, February 6th. Scotiabank upped their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, March 2nd. Finally, Bank of America restated an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $47.83.

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.