Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 47.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,353 shares of the real estate investment trust's stock after purchasing an additional 47,361 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Omega Healthcare Investors worth $5,577,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in OHI. Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth $26,000. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors during the fourth quarter worth about $30,000. True Wealth Design LLC purchased a new position in shares of Omega Healthcare Investors in the 3rd quarter worth about $31,000. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors in the 3rd quarter valued at about $31,000. Finally, Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter worth about $38,000. Institutional investors and hedge funds own 65.25% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on OHI shares. Mizuho lifted their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Thursday, December 5th. Wells Fargo & Company decreased their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. BMO Capital Markets raised Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a research report on Monday, December 9th. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, 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 note on Tuesday, March 18th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $42.25.

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Omega Healthcare Investors Stock Performance

OHI stock traded down $0.41 during mid-day trading on Tuesday, reaching $37.60. The company had a trading volume of 935,159 shares, compared to its average volume of 1,693,584. The stock's 50-day simple moving average is $37.09 and its two-hundred day simple moving average is $38.86. The stock has a market capitalization of $10.60 billion, a P/E ratio of 24.27, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 7.13%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is currently 172.90%.

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.