Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Slagle Financial LLC

Slagle Financial LLC raised its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,410 shares of the real estate investment trust’s stock after buying an additional 3,188 shares during the quarter. Slagle Financial LLC’s holdings in Omega Healthcare Investors were worth $1,719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors in the fourth quarter valued at $26,000. Dunhill Financial LLC acquired a new stake in Omega Healthcare Investors during the 3rd quarter valued at $31,000. True Wealth Design LLC bought a new stake in shares of Omega Healthcare Investors in the third quarter worth $31,000. Grove Bank & Trust bought a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at approximately $30,000. Finally, Kentucky Trust Co bought a new stake in shares of Omega Healthcare Investors in the 4th quarter worth approximately $38,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $37.50 on Friday. The firm’s 50 day simple moving average is $37.10 and its 200 day simple moving average is $38.83. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of 24.19, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping 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%. As a group, research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company 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 7.15%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is 172.90%.

Analyst Ratings Changes

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

Omega Healthcare Investors 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.