Commonwealth Equity Services LLC Sells 5,088 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Commonwealth Equity Services LLC lessened its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 347,667 shares of the real estate investment trust’s stock after selling 5,088 shares during the period. Commonwealth Equity Services LLC owned 0.13% of Omega Healthcare Investors worth $13,159,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Johnson Investment Counsel Inc. grew its holdings 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 valued at $498,000 after purchasing an additional 295 shares during the period. US Bancorp DE boosted its stake in shares of Omega Healthcare Investors by 1.9% in the fourth 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 during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Omega Healthcare Investors by 0.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock worth $2,075,000 after acquiring an additional 325 shares during the period. Natixis Advisors LLC boosted its stake in shares of Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust’s stock worth $1,291,000 after acquiring an additional 331 shares during the period. Finally, Simon Quick Advisors LLC boosted its stake in shares of Omega Healthcare Investors by 1.6% in the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 350 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 0.1 %

Shares of OHI stock opened at $38.17 on Wednesday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The stock’s 50 day simple moving average is $37.07 and its two-hundred day simple moving average is $38.92. The company has a market cap of $10.76 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI) last issued 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 return on equity of 9.71% and a net margin of 38.65%. Research analysts predict 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 given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.02%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Truist Financial upped 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. BMO Capital Markets raised Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research note on Monday, December 9th. Wells Fargo & Company dropped their price objective on Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research note on Monday, March 10th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Mizuho boosted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and a consensus price target of $41.44.

About Omega Healthcare Investors

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.