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

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 47.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 147,353 shares of the real estate investment trust's stock after purchasing an additional 47,361 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.05% of Omega Healthcare Investors worth $5,577,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth about $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the fourth quarter worth $30,000. True Wealth Design LLC acquired a new stake in shares of Omega Healthcare Investors in the 3rd quarter valued at about $31,000. Dunhill Financial LLC acquired a new stake in shares of Omega Healthcare Investors in the 3rd quarter worth about $31,000. Finally, Kentucky Trust Co purchased a new position in Omega Healthcare Investors during the 4th quarter worth $38,000. 65.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on OHI shares. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. BMO Capital Markets raised shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $41.00 to $39.00 in a report on Thursday. Mizuho lifted their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research report on Thursday, December 5th. Finally, Truist Financial raised their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $42.00.

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Omega Healthcare Investors Trading Down 0.6 %

OHI traded down $0.23 on Thursday, reaching $37.50. 2,218,921 shares of the company traded hands, compared to its average volume of 1,700,022. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. 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 market cap of $10.57 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The firm has a fifty day simple moving average of $37.10 and a two-hundred day simple moving average of $38.84.

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

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.15%. Omega Healthcare Investors's dividend payout ratio is presently 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.