Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,800 shares of the real estate investment trust’s stock after acquiring an additional 6,300 shares during the period. UniSuper Management Pty Ltd’s holdings in Omega Healthcare Investors were worth $2,869,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Stonebridge Financial Group LLC purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $26,000. Grove Bank & Trust purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at about $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter worth approximately $31,000. Dunhill Financial LLC purchased a new position in Omega Healthcare Investors in the 3rd quarter worth approximately $31,000. Finally, Kentucky Trust Co acquired a new stake in Omega Healthcare Investors in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. BMO Capital Markets raised shares of 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 report on Monday, December 9th. Mizuho boosted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Truist Financial raised their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. Wells Fargo & Company cut Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $41.00 to $39.00 in a research note on Thursday. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $38.08 on Friday. The company has a market capitalization of $10.73 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The business has a 50 day simple moving average of $37.11 and a 200-day simple moving average of $38.81. 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 twelve month low of $29.66 and a twelve month high of $44.42.

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%. As a group, equities research analysts expect 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 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 7.04%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 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.