Centersquare Investment Management LLC Sells 318,859 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Centersquare Investment Management LLC decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 10.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,705,265 shares of the real estate investment trust's stock after selling 318,859 shares during the quarter. Omega Healthcare Investors accounts for approximately 1.1% of Centersquare Investment Management LLC's holdings, making the stock its 29th biggest holding. Centersquare Investment Management LLC owned approximately 1.00% of Omega Healthcare Investors worth $102,394,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Stonebridge Financial Group LLC acquired a new stake in Omega Healthcare Investors in the 4th quarter valued at about $26,000. Dunhill Financial LLC bought a new stake in shares of Omega Healthcare Investors during the third quarter valued at approximately $31,000. Grove Bank & Trust acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at approximately $30,000. Kentucky Trust Co bought a new position in Omega Healthcare Investors in the 4th quarter worth approximately $38,000. Finally, UMB Bank n.a. lifted its holdings in Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock worth $42,000 after buying an additional 454 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Trading Up 0.7 %

Shares of OHI stock traded up $0.26 on Wednesday, hitting $36.47. The stock had a trading volume of 923,461 shares, compared to its average volume of 2,186,767. The firm has a market cap of $10.28 billion, a P/E ratio of 23.53, a PEG ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The company has a fifty day moving average price of $37.12 and a two-hundred day moving average price of $38.62.

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Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (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, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared 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 7.35%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's payout ratio is currently 172.90%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on OHI shares. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Finally, Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock 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 given a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors 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.