Teacher Retirement System of Texas Buys 58,482 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Teacher Retirement System of Texas lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 69.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,279 shares of the real estate investment trust's stock after purchasing an additional 58,482 shares during the quarter. Teacher Retirement System of Texas owned 0.05% of Omega Healthcare Investors worth $5,385,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Geode Capital Management LLC increased its position in shares of 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 worth $261,589,000 after acquiring an additional 192,465 shares in the last quarter. State Street Corp increased its holdings in Omega Healthcare Investors by 0.9% during 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 purchasing an additional 114,085 shares in the last quarter. Assetmark Inc. raised its stake in shares of Omega Healthcare Investors by 2.9% in 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. Tallon Kerry Patrick purchased a new stake in Omega Healthcare Investors in the 4th quarter valued at $1,250,000. Finally, BNP Paribas Financial Markets grew its position in 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 worth $9,212,000 after purchasing an additional 123,836 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

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Omega Healthcare Investors Price Performance

Shares of NYSE OHI traded down $0.23 during mid-day trading on Thursday, reaching $37.50. 2,218,921 shares of the company were exchanged, compared to its average volume of 1,700,022. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company's 50 day moving average price is $37.10 and its 200 day moving average price is $38.84. The stock has a market capitalization of $10.57 billion, a PE ratio of 24.19, a PEG ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

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 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.15%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. BMO Capital Markets raised Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price for the company in a research report on Monday, December 9th. Truist Financial lifted their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a report on Tuesday, March 18th. Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $41.00 to $39.00 in a report on Thursday. 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, JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of "Hold" and a consensus price target of $42.00.

Omega Healthcare Investors 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.