Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by California Public Employees Retirement System

California Public Employees Retirement System grew its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,209,407 shares of the real estate investment trust's stock after acquiring an additional 42,512 shares during the period. California Public Employees Retirement System owned about 0.45% of Omega Healthcare Investors worth $45,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Omega Healthcare Investors by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock valued at $1,440,646,000 after purchasing an additional 1,809,519 shares in the last quarter. State Street Corp raised its stake in shares of Omega Healthcare Investors by 0.9% in the third quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust's stock worth $502,228,000 after buying an additional 114,085 shares during the period. Geode Capital Management LLC lifted its position in shares of Omega Healthcare Investors by 3.1% during the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust's stock valued at $261,589,000 after buying an additional 192,465 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Omega Healthcare Investors by 22.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock valued at $183,205,000 after acquiring an additional 890,912 shares during the period. Finally, FMR LLC increased its holdings in Omega Healthcare Investors by 9.9% in the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust's stock worth $171,625,000 after acquiring an additional 380,626 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

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Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded down $1.28 during midday trading on Friday, reaching $37.37. 3,310,697 shares of the stock were exchanged, compared to its average volume of 1,793,563. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm has a market cap of $10.53 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 1.09 and a beta of 0.75. The firm has a 50-day simple moving average of $37.18 and a two-hundred day simple moving average of $38.70. 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 - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping 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%. As a group, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.17%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on OHI. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial raised their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. 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 for the company in a report on Monday, December 9th. Finally, Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $41.00 to $39.00 in a report on Thursday, March 27th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $42.00.

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.