Raymond James Financial Inc. Invests $20.06 Million in Omega Healthcare Investors, Inc. (NYSE:OHI)

Raymond James Financial Inc. acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 529,923 shares of the real estate investment trust's stock, valued at approximately $20,058,000. Raymond James Financial Inc. owned 0.20% of Omega Healthcare Investors as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Arizona State Retirement System lifted its stake in shares of Omega Healthcare Investors by 5.2% in the fourth quarter. Arizona State Retirement System now owns 74,828 shares of the real estate investment trust's stock valued at $2,832,000 after buying an additional 3,677 shares in the last quarter. Proficio Capital Partners LLC bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at about $443,000. M&T Bank Corp lifted its position in shares of Omega Healthcare Investors by 3.0% during the fourth quarter. M&T Bank Corp now owns 30,676 shares of the real estate investment trust's stock valued at $1,161,000 after purchasing an additional 892 shares in the last quarter. Assetmark Inc. increased its holdings in Omega Healthcare Investors by 2.9% during the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock worth $46,401,000 after buying an additional 34,463 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. increased its holdings in Omega Healthcare Investors by 4.2% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 368,127 shares of the real estate investment trust's stock worth $13,934,000 after buying an additional 14,883 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

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Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock traded down $0.23 during mid-day trading on Thursday, hitting $37.61. 1,927,065 shares of the company traded hands, compared to its average volume of 1,672,470. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The stock has a market cap of $10.60 billion, a price-to-earnings ratio of 24.27, 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. The stock has a fifty day moving average price of $37.07 and a 200-day moving average price of $38.91.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping 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%. On average, equities analysts predict 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 $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.13%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Ratings Changes

OHI has been the subject of a number of research analyst reports. Wells Fargo & Company decreased their price objective on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an "overweight" rating for the company in a report on Monday, March 10th. Mizuho lifted 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. Truist Financial lifted their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research note on Tuesday. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. Finally, JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $41.44.

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.