Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Commerce Bank

Commerce Bank boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,323 shares of the real estate investment trust’s stock after purchasing an additional 1,042 shares during the period. Commerce Bank owned approximately 0.06% of Omega Healthcare Investors worth $5,690,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at about $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $30,000. Kentucky Trust Co acquired a new stake in Omega Healthcare Investors during the 4th quarter valued at $38,000. UMB Bank n.a. lifted its holdings in 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 worth $42,000 after buying an additional 454 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its position 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 valued at $53,000 after buying an additional 434 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Up 0.6 %

NYSE OHI opened at $38.54 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The company has a 50-day simple moving average of $37.24 and a 200-day simple moving average of $38.48. The firm has a market capitalization of $10.86 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate 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 analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $41.00 to $39.00 in a report on Thursday, March 27th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Truist Financial boosted their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus 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.