Guggenheim Capital LLC Sells 67,424 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Guggenheim Capital LLC decreased its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 66.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,728 shares of the real estate investment trust’s stock after selling 67,424 shares during the quarter. Guggenheim Capital LLC’s holdings in Omega Healthcare Investors were worth $1,277,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in OHI. Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth about $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors during the 4th quarter valued at about $30,000. Kentucky Trust Co purchased a new position in Omega Healthcare Investors in the fourth quarter worth about $38,000. UMB Bank n.a. lifted its stake in shares of Omega Healthcare Investors by 68.6% in the fourth 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 grew its holdings in shares of Omega Healthcare Investors by 44.5% during the fourth 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 institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Truist Financial upped their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $41.00 to $39.00 in a report on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $37.92 on Tuesday. The business’s fifty day moving average is $37.28 and its 200 day moving average is $38.46. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market capitalization of $10.89 billion, a PE ratio of 24.46, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating 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%. Sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.07%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

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.