Knights of Columbus Asset Advisors LLC Purchases 35,926 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Knights of Columbus Asset Advisors LLC boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 195,081 shares of the real estate investment trust's stock after buying an additional 35,926 shares during the period. Knights of Columbus Asset Advisors LLC owned about 0.07% of Omega Healthcare Investors worth $7,384,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in Omega Healthcare Investors by 3.1% in 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 acquiring an additional 192,465 shares during the last quarter. State Street Corp increased its position in shares of Omega Healthcare Investors by 0.9% during the third 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 period. Assetmark Inc. raised its stake in shares of Omega Healthcare Investors by 2.9% in the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after buying an additional 34,463 shares in the last quarter. Tallon Kerry Patrick bought a new position in Omega Healthcare Investors during the fourth quarter worth about $1,250,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Omega Healthcare Investors by 120.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust's stock valued at $9,212,000 after purchasing an additional 123,836 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Remove Ads

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. BMO Capital Markets raised shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a report on Monday, December 9th. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. Wells Fargo & Company dropped their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating on the stock in a report on Monday, March 10th. Mizuho increased their price objective 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. Finally, JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $42.25.

Omega Healthcare Investors Stock Down 1.4 %

Omega Healthcare Investors stock traded down $0.52 during midday trading on Tuesday, reaching $37.48. The stock had a trading volume of 579,712 shares, compared to its average volume of 1,693,584. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The company has a fifty day moving average price of $37.09 and a two-hundred day moving average price of $38.86. The company has a market capitalization of $10.56 billion, a P/E ratio of 24.18, a PEG ratio of 1.09 and a beta of 1.00.

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 earnings per share (EPS) for the quarter, beating 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%. 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 business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a dividend of $0.67 per share. 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 payout ratio is currently 172.90%.

Omega Healthcare Investors Company 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.