Fox Run Management L.L.C. Invests $1.19 Million in Omega Healthcare Investors, Inc. (NYSE:OHI)

Fox Run Management L.L.C. purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 31,336 shares of the real estate investment trust's stock, valued at approximately $1,186,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in OHI. Geode Capital Management LLC raised its position in Omega Healthcare Investors by 3.1% during the third quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust's stock valued at $261,589,000 after purchasing an additional 192,465 shares in the last quarter. State Street Corp increased its stake in shares of Omega Healthcare Investors by 0.9% in the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust's stock valued at $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Omega Healthcare Investors by 2.9% during the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock worth $46,401,000 after buying an additional 34,463 shares in the last quarter. Tallon Kerry Patrick bought a new stake in shares of Omega Healthcare Investors during the 4th quarter worth $1,250,000. Finally, BNP Paribas Financial Markets boosted its stake in Omega Healthcare Investors by 120.8% in the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust's stock valued at $9,212,000 after buying an additional 123,836 shares in the last quarter. Institutional investors own 65.25% of the company's stock.

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Omega Healthcare Investors Trading Down 1.3 %

Shares of Omega Healthcare Investors stock traded down $0.49 during midday trading on Tuesday, reaching $37.51. The company had a trading volume of 1,991,100 shares, compared to its average volume of 1,693,584. The stock has a fifty day moving average price of $37.09 and a 200 day moving average price of $38.86. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The firm has a market cap of $10.57 billion, a PE ratio of 24.20, a P/E/G ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

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 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%. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.14%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analyst Weigh In

OHI has been the topic of several research reports. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Mizuho boosted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a "neutral" rating in a research note on Thursday, December 5th. Wells Fargo & Company dropped their price target on Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. BMO Capital Markets upgraded 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. 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 report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $42.25.

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.