Maridea Wealth Management LLC Takes Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Maridea Wealth Management LLC bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,829 shares of the real estate investment trust's stock, valued at approximately $713,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Stonebridge Financial Group LLC purchased a new position in Omega Healthcare Investors in the 4th quarter worth approximately $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the 4th quarter valued at approximately $30,000. True Wealth Design LLC purchased a new position in shares of Omega Healthcare Investors during the third quarter valued at approximately $31,000. Dunhill Financial LLC bought a new position in Omega Healthcare Investors in the 3rd quarter worth $31,000. Finally, Kentucky Trust Co purchased a new stake in Omega Healthcare Investors in the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on OHI shares. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Truist Financial boosted their target price 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. Mizuho lifted their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a report on Thursday, December 5th. BMO Capital Markets raised 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 note on Monday, December 9th. Finally, Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $41.00 to $39.00 in a report on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $42.00.

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Omega Healthcare Investors Stock Down 0.4 %

OHI stock traded down $0.16 during trading on Wednesday, hitting $37.91. 603,724 shares of the company's stock were exchanged, compared to its average volume of 1,768,945. The business has a 50-day moving average price of $37.13 and a two-hundred day moving average price of $38.76. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $10.68 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its 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 research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed 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 of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.07%. 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.