Omega Healthcare Investors, Inc. $OHI Shares Purchased by Evergreen Capital Management LLC

Evergreen Capital Management LLC boosted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 201.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,778 shares of the real estate investment trust’s stock after acquiring an additional 17,219 shares during the quarter. Evergreen Capital Management LLC’s holdings in Omega Healthcare Investors were worth $1,143,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in OHI. Royal Bank of Canada increased its position in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after acquiring an additional 32,798 shares during the period. Focus Partners Wealth increased its position in Omega Healthcare Investors by 3.1% in the 1st quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock valued at $756,000 after acquiring an additional 597 shares during the period. Sivia Capital Partners LLC acquired a new stake in Omega Healthcare Investors in the 2nd quarter valued at approximately $257,000. Guggenheim Capital LLC increased its position in Omega Healthcare Investors by 1.0% in the 2nd 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, First Trust Advisors LP increased its position in Omega Healthcare Investors by 32.8% in the 2nd quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock valued at $7,077,000 after acquiring an additional 47,649 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on OHI. Royal Bank Of Canada raised their target price on Omega Healthcare Investors from $44.00 to $47.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 10th. Wells Fargo & Company raised their target price on Omega Healthcare Investors from $45.00 to $47.00 and gave the company an “equal weight” rating in a research report on Thursday, March 26th. Bank of America restated an “underperform” rating and issued a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Tuesday. Finally, The Goldman Sachs Group started coverage on Omega Healthcare Investors in a research note on Friday, January 9th. They set a “buy” rating and a $54.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $47.83.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $46.36 on Friday. The business’s 50-day moving average price is $46.41 and its 200 day moving average price is $44.58. The firm has a market cap of $13.81 billion, a P/E ratio of 24.02, a PEG ratio of 2.00 and a beta of 0.59. Omega Healthcare Investors, Inc. has a 52-week low of $35.08 and a 52-week high of $49.14. 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 Dividend Announcement

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