Knights of Columbus Asset Advisors LLC Boosts Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Knights of Columbus Asset Advisors LLC lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,081 shares of the real estate investment trust's stock after buying an additional 35,926 shares during the quarter. Knights of Columbus Asset Advisors LLC owned approximately 0.07% of Omega Healthcare Investors worth $7,384,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several analysts have issued reports on the company. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Truist Financial lifted 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. BMO Capital Markets upgraded 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. Mizuho boosted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company reduced their price target on Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating on the stock in a research report on Monday, March 10th. Five equities 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, Omega Healthcare Investors currently has an average rating of "Hold" and a consensus price target of $42.25.

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Omega Healthcare Investors Trading Up 0.5 %

Shares of Omega Healthcare Investors stock traded up $0.18 during midday trading on Wednesday, reaching $37.68. 1,657,029 shares of the company's stock traded hands, compared to its average volume of 1,697,749. The company has a market cap of $10.62 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The stock has a 50 day moving average of $37.10 and a 200-day moving average of $38.85. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. 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 (NYSE:OHI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping 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 analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.11%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

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.