Landscape Capital Management L.L.C. Makes New Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Landscape Capital Management L.L.C. bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 29,294 shares of the real estate investment trust's stock, valued at approximately $1,109,000.

Several other institutional investors also recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in shares of 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 purchasing an additional 192,465 shares during the period. State Street Corp grew its holdings 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 worth $502,228,000 after acquiring an additional 114,085 shares during the period. Teacher Retirement System of Texas increased its stake in Omega Healthcare Investors by 69.8% in the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock valued at $5,385,000 after purchasing an additional 58,482 shares in the last quarter. Assetmark Inc. raised its holdings in Omega Healthcare Investors by 2.9% during the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock worth $46,401,000 after purchasing an additional 34,463 shares during the last quarter. Finally, Tallon Kerry Patrick purchased a new stake in Omega Healthcare Investors during the fourth quarter worth $1,250,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

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Omega Healthcare Investors Trading Up 0.5 %

NYSE OHI traded up $0.17 during trading hours on Friday, hitting $37.84. 2,946,169 shares of the company's stock were exchanged, compared to its average volume of 1,833,084. The business's 50 day moving average is $37.15 and its 200-day moving average is $38.55. 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 $29.66 and a 12-month high of $44.42. The firm has a market capitalization of $10.66 billion, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating 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, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.08%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analysts Set New Price Targets

Several equities research analysts recently commented on OHI shares. Truist Financial boosted their price objective 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. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price objective for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of "Hold" and an average target price of $42.00.

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.