Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 7.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 178,641 shares of the real estate investment trust's stock after buying an additional 12,746 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.07% of Omega Healthcare Investors worth $6,847,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of OHI. Johnson Investment Counsel Inc. lifted its stake in Omega Healthcare Investors by 2.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock worth $498,000 after purchasing an additional 295 shares in the last quarter. US Bancorp DE increased its holdings in shares of Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock valued at $612,000 after purchasing an additional 309 shares during the last quarter. Samalin Investment Counsel LLC lifted its position in Omega Healthcare Investors by 1.5% during the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust's stock worth $817,000 after buying an additional 314 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Omega Healthcare Investors by 0.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust's stock worth $2,075,000 after buying an additional 325 shares during the last quarter. Finally, Simon Quick Advisors LLC grew its holdings in Omega Healthcare Investors by 1.6% in the 4th quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust's stock valued at $817,000 after buying an additional 350 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

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Omega Healthcare Investors Trading Down 3.3 %

Omega Healthcare Investors stock traded down $1.28 during trading on Friday, hitting $37.37. The company had a trading volume of 3,310,697 shares, compared to its average volume of 1,793,563. The stock has a market cap of $10.53 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. 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 1-year low of $29.66 and a 1-year high of $44.42. The company's 50 day simple moving average is $37.18 and its 200-day simple moving average is $38.72.

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 EPS for the quarter, topping the consensus estimate 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, analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.17%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price on the stock in a report on Monday, December 9th. Wells Fargo & Company cut shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Finally, Truist Financial lifted their price target 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. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors has a consensus rating of "Hold" and an average target price of $42.00.

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.