Proficio Capital Partners LLC Invests $443,000 in Omega Healthcare Investors, Inc. (NYSE:OHI)

Proficio Capital Partners LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,696 shares of the real estate investment trust's stock, valued at approximately $443,000.

Other large investors also recently made changes to their positions in the company. US Bancorp DE lifted its stake in Omega Healthcare Investors by 1.9% in the 4th 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. Wealth Enhancement Advisory Services LLC lifted its position in shares of Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust's stock valued at $2,075,000 after acquiring an additional 325 shares during the period. Natixis Advisors LLC grew its stake in Omega Healthcare Investors by 1.1% during the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust's stock worth $1,291,000 after buying an additional 331 shares in the last quarter. Simon Quick Advisors LLC raised its position in Omega Healthcare Investors by 1.6% during the fourth quarter. Simon Quick Advisors LLC now owns 21,586 shares of the real estate investment trust's stock valued at $817,000 after purchasing an additional 350 shares in the last quarter. Finally, Center For Asset Management LLC lifted its position in shares of Omega Healthcare Investors by 3.2% during the 4th quarter. Center For Asset Management LLC now owns 11,474 shares of the real estate investment trust's stock worth $434,000 after buying an additional 353 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

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Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded down $0.49 during trading on Tuesday, hitting $37.51. The company had a trading volume of 1,991,107 shares, compared to its average volume of 1,693,584. The stock has a 50 day simple moving average of $37.09 and a 200 day simple moving average of $38.86. The firm has a market capitalization of $10.57 billion, a P/E ratio of 24.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. 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.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates 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 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is 172.90%.

Analyst Ratings Changes

OHI has been the topic of several recent research reports. BMO Capital Markets raised 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. Mizuho upped their target price 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. Wells Fargo & Company decreased their price target on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a research note on Monday, March 10th. Truist Financial increased 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. Finally, JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Hold" and a consensus target price of $42.25.

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.