Assetmark Inc. Has $48.49 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Assetmark Inc. lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,191,460 shares of the real estate investment trust's stock after purchasing an additional 19,542 shares during the period. Assetmark Inc. owned 0.46% of Omega Healthcare Investors worth $48,492,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Daiwa Securities Group Inc. increased its position in Omega Healthcare Investors by 1,030.8% during the second quarter. Daiwa Securities Group Inc. now owns 945,523 shares of the real estate investment trust's stock worth $32,384,000 after buying an additional 861,907 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $20,962,000. BROOKFIELD Corp ON acquired a new position in shares of Omega Healthcare Investors during the 1st quarter worth approximately $16,446,000. Dimensional Fund Advisors LP raised its stake in Omega Healthcare Investors by 7.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,732,390 shares of the real estate investment trust's stock valued at $127,831,000 after acquiring an additional 272,299 shares during the period. Finally, Sei Investments Co. lifted its holdings in Omega Healthcare Investors by 150.8% during the 2nd quarter. Sei Investments Co. now owns 298,761 shares of the real estate investment trust's stock valued at $10,233,000 after purchasing an additional 179,623 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Mizuho cut shares of Omega Healthcare Investors from an "outperform" rating to a "neutral" rating and raised their target price for the stock from $34.00 to $35.00 in a research note on Thursday, July 25th. BMO Capital Markets raised their price objective on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the stock a "market perform" rating in a research report on Monday, October 7th. Berenberg Bank initiated coverage on Omega Healthcare Investors in a report on Friday, October 18th. They set a "buy" rating and a $45.00 price objective for the company. Wells Fargo & Company reiterated an "overweight" rating and set a $43.00 target price (up previously from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Finally, BNP Paribas upgraded Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 price target for the company in a research note on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $39.70.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI traded up $0.60 during trading on Friday, reaching $41.35. 1,509,533 shares of the company traded hands, compared to its average volume of 1,635,018. The firm has a market capitalization of $11.16 billion, a PE ratio of 30.40, a PEG ratio of 1.33 and a beta of 0.99. Omega Healthcare Investors, Inc. has a 52 week low of $27.53 and a 52 week high of $44.42. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. The company's 50 day moving average is $40.59 and its two-hundred day moving average is $36.36.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date is Monday, November 4th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 197.06%.

Insider Buying and Selling at Omega Healthcare Investors

In other news, CFO Robert O. Stephenson sold 22,542 shares of the business's stock in a transaction on Friday, September 27th. The stock was sold at an average price of $40.19, for a total transaction of $905,962.98. Following the completion of the transaction, the chief financial officer now owns 183,076 shares of the company's stock, valued at approximately $7,357,824.44. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Robert O. Stephenson sold 22,542 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.19, for a total value of $905,962.98. Following the completion of the transaction, the chief financial officer now owns 183,076 shares of the company's stock, valued at $7,357,824.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Daniel J. Booth sold 56,725 shares of the company's stock in a transaction on Friday, September 27th. The stock was sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the transaction, the chief operating officer now owns 100,000 shares of the company's stock, valued at $4,025,000. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.37% of the company's stock.

About Omega Healthcare Investors

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.