Envestnet Asset Management Inc. Buys 32,721 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Envestnet Asset Management Inc. lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 290,576 shares of the real estate investment trust's stock after purchasing an additional 32,721 shares during the period. Envestnet Asset Management Inc. owned 0.11% of Omega Healthcare Investors worth $10,998,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in OHI. Stonebridge Financial Group LLC acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the fourth quarter worth $30,000. Kentucky Trust Co acquired a new position in Omega Healthcare Investors during the 4th quarter valued at $38,000. UMB Bank n.a. boosted its holdings in Omega Healthcare Investors by 68.6% in the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 454 shares during the period. Finally, V Square Quantitative Management LLC grew its position in Omega Healthcare Investors by 44.5% in 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 purchasing an additional 434 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on OHI shares. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Truist Financial boosted their price objective 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 Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of "Hold" and an average price target of $42.00.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded down $0.04 during trading hours on Wednesday, hitting $38.35. 454,995 shares of the stock were exchanged, compared to its average volume of 1,849,792. The stock has a market capitalization of $11.01 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.09 and a beta of 0.75. The business's 50-day moving average is $37.32 and its two-hundred day moving average is $38.45. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. Omega Healthcare Investors, Inc. has a 12 month low of $30.26 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal 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. This represents a $2.68 annualized dividend and a yield of 6.99%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's 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.