Proficio Capital Partners LLC Purchases New Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Proficio Capital Partners LLC acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the fourth quarter, according to the company in its most recent 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 institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in shares of Omega Healthcare Investors by 3.1% in the 3rd 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 raised its holdings in 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 purchasing an additional 114,085 shares during the period. Assetmark Inc. lifted its position in shares of Omega Healthcare Investors by 2.9% during the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after buying an additional 34,463 shares in the last quarter. Tallon Kerry Patrick acquired a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at about $1,250,000. Finally, BNP Paribas Financial Markets lifted its stake 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 valued at $9,212,000 after buying an additional 123,836 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

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Omega Healthcare Investors Trading Up 1.5 %

Shares of OHI stock traded up $0.58 during trading hours on Friday, hitting $38.08. The company had a trading volume of 1,409,521 shares, compared to its average volume of 1,769,139. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The stock has a market capitalization of $10.73 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company's fifty day moving average is $37.10 and its 200 day moving average is $38.83. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings data 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 return on equity of 9.71% and a net margin of 38.65%. Research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.04%. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Mizuho raised their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Thursday, December 5th. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $41.00 to $39.00 in a research note on Thursday. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Finally, BMO Capital Markets upgraded 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. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of "Hold" and a consensus price target 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.