Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Cohen & Steers Inc.

Cohen & Steers Inc. increased its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 50.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,222,898 shares of the real estate investment trust's stock after acquiring an additional 8,837,218 shares during the period. Omega Healthcare Investors makes up about 1.9% of Cohen & Steers Inc.'s portfolio, making the stock its 18th biggest holding. Cohen & Steers Inc. owned about 9.71% of Omega Healthcare Investors worth $992,467,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Omega Healthcare Investors during the fourth quarter worth $110,160,000. Vanguard Group Inc. grew its position in Omega Healthcare Investors by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock worth $1,440,646,000 after purchasing an additional 1,809,519 shares during the period. Daiwa Securities Group Inc. raised 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 buying an additional 890,912 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at about $20,058,000. Finally, Geode Capital Management LLC boosted its stake in shares of Omega Healthcare Investors by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust's stock worth $262,329,000 after buying an additional 503,190 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Trading Up 0.6 %

OHI traded up $0.24 during mid-day trading on Friday, hitting $38.54. 2,136,401 shares of the stock were exchanged, compared to its average volume of 1,847,302. The company has a market cap of $10.86 billion, a PE ratio of 24.86, a PEG ratio of 1.09 and a beta of 0.75. 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 firm's fifty day moving average is $37.19 and its two-hundred day moving average is $38.50. 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 posted its quarterly earnings data 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 net margin of 38.65% and a return on equity of 9.71%. Equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm 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. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 6.95%. Omega Healthcare Investors's dividend payout ratio (DPR) is 172.90%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial increased their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of "Hold" and an average target price 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.