Mitsubishi UFJ Trust & Banking Corp Buys 379 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.7% in the 4th quarter, Holdings Channel reports. The firm owned 57,602 shares of the real estate investment trust’s stock after acquiring an additional 379 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Omega Healthcare Investors were worth $2,180,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Johnson Investment Counsel Inc. raised its stake in Omega Healthcare Investors by 2.3% during the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock worth $498,000 after buying an additional 295 shares during the last quarter. US Bancorp DE raised its position in shares of Omega Healthcare Investors by 1.9% in the 4th quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock worth $612,000 after acquiring an additional 309 shares in the last quarter. Samalin Investment Counsel LLC raised its position in shares of Omega Healthcare Investors by 1.5% in the 4th quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 314 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Omega Healthcare Investors by 0.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after purchasing an additional 325 shares during the period. Finally, Simon Quick Advisors LLC grew its stake in Omega Healthcare Investors by 1.6% during the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after purchasing an additional 350 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.0 %

Shares of NYSE OHI opened at $38.07 on Tuesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The stock has a market capitalization of $10.73 billion, a P/E ratio of 24.56, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a 50-day moving average price of $37.12 and a 200-day moving average price of $38.78.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is currently 172.90%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Monday, December 9th. Mizuho boosted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $41.00 to $39.00 in a report on Thursday, March 27th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Truist Financial raised their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $42.00.

Omega Healthcare Investors Company Profile

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.