Cerity Partners LLC reduced its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 259,769 shares of the real estate investment trust's stock after selling 17,262 shares during the period. Cerity Partners LLC owned about 0.10% of Omega Healthcare Investors worth $9,845,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth approximately $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $30,000. Kentucky Trust Co purchased a new position in Omega Healthcare Investors in the fourth quarter valued at $38,000. UMB Bank n.a. raised its stake in Omega Healthcare Investors by 68.6% in the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after buying an additional 454 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $53,000 after buying an additional 434 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on OHI shares. Truist Financial upped their target price 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. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Wells Fargo & Company downgraded Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $41.00 to $39.00 in a report on Thursday, March 27th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of "Hold" and a consensus target price of $42.00.
Read Our Latest Stock Report on OHI
Omega Healthcare Investors Trading Up 0.6 %
Shares of NYSE OHI traded up $0.21 during trading on Tuesday, hitting $38.35. 970,444 shares of the company traded hands, compared to its average volume of 1,834,613. The firm has a market capitalization of $10.81 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.09 and a beta of 0.75. 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 company has a 50-day moving average price of $37.14 and a 200-day moving average price of $38.52. 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 - Get Free Report) last announced its quarterly 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%. On average, equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.
Omega Healthcare Investors Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 6.99%. Omega Healthcare Investors's dividend payout ratio (DPR) is 172.90%.
Omega Healthcare Investors Company Profile
(
Free Report)
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.
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