94,769 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Acquired by Erste Asset Management GmbH

Erste Asset Management GmbH bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 94,769 shares of the real estate investment trust's stock, valued at approximately $3,822,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. raised its holdings in shares of Omega Healthcare Investors by 1.7% in the 3rd quarter. Assetmark Inc. now owns 1,191,460 shares of the real estate investment trust's stock worth $48,492,000 after purchasing an additional 19,542 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Omega Healthcare Investors by 317.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,949,368 shares of the real estate investment trust's stock worth $160,739,000 after purchasing an additional 3,003,845 shares during the period. Caxton Associates LP bought a new stake in Omega Healthcare Investors during the 2nd quarter valued at $1,652,000. Van ECK Associates Corp raised its holdings in Omega Healthcare Investors by 15.4% during the 3rd quarter. Van ECK Associates Corp now owns 100,145 shares of the real estate investment trust's stock valued at $4,167,000 after acquiring an additional 13,367 shares during the period. Finally, Citigroup Inc. raised its holdings in Omega Healthcare Investors by 20.1% during the 3rd quarter. Citigroup Inc. now owns 351,529 shares of the real estate investment trust's stock valued at $14,307,000 after acquiring an additional 58,950 shares during the period. Hedge funds and other institutional investors own 65.25% of the company's stock.

Insider Activity

In other Omega Healthcare Investors news, CFO Robert O. Stephenson sold 22,542 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.19, for a total transaction of $905,962.98. Following the completion of the transaction, the chief financial officer now owns 183,076 shares of the company's stock, valued at approximately $7,357,824.44. This trade represents a 10.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Daniel J. Booth sold 56,725 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the transaction, the chief operating officer now directly owns 100,000 shares of the company's stock, valued at $4,025,000. This represents a 36.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.37% of the company's stock.

Omega Healthcare Investors Price Performance

NYSE:OHI traded down $0.27 during midday trading on Tuesday, hitting $39.54. The company had a trading volume of 1,555,367 shares, compared to its average volume of 1,685,888. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $44.42. The stock's fifty day moving average price is $40.56 and its 200-day moving average price is $37.53. The company has a market capitalization of $10.67 billion, a PE ratio of 29.07, a P/E/G ratio of 1.24 and a beta of 0.98. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a dividend of $0.67 per share. The ex-dividend date was Monday, November 4th. This represents a $2.68 annualized dividend and a yield of 6.78%. Omega Healthcare Investors's payout ratio is 197.06%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on OHI shares. Royal Bank of Canada boosted their target price on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a "sector perform" rating in a report on Monday, November 11th. BMO Capital Markets boosted their target price on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company a "market perform" rating in a report on Monday, October 7th. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the company a "sector perform" rating in a report on Monday, August 26th. BNP Paribas raised shares of Omega Healthcare Investors from a "neutral" rating to an "outperform" rating and set a $49.00 target price on the stock in a report on Thursday, October 31st. Finally, Truist Financial upped their price target on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a "hold" rating in a report on Wednesday, September 4th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $40.00.

Omega Healthcare Investors Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.