23,959 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Acquired by Rossby Financial LCC

Rossby Financial LCC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 23,959 shares of the real estate investment trust’s stock, valued at approximately $907,000.

Several other hedge funds also recently modified their holdings of the business. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the fourth quarter worth $26,000. Grove Bank & Trust bought a new stake in shares of Omega Healthcare Investors during the 4th quarter worth about $30,000. Kentucky Trust Co acquired a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $38,000. UMB Bank n.a. raised its stake in shares of Omega Healthcare Investors by 68.6% in the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 454 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in Omega Healthcare Investors by 44.5% in the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 434 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.5 %

OHI stock opened at $37.84 on Monday. The business’s 50-day simple moving average is $37.15 and its 200 day simple moving average is $38.53. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a market cap of $10.66 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42.

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

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on OHI. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Finally, Truist Financial lifted their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price 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.