Omega Healthcare Investors, Inc. (NYSE:OHI) Holdings Raised by Renaissance Technologies LLC

Renaissance Technologies LLC grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 760,205 shares of the real estate investment trust's stock after acquiring an additional 55,027 shares during the quarter. Renaissance Technologies LLC owned approximately 0.28% of Omega Healthcare Investors worth $28,774,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Johnson Investment Counsel Inc. increased its stake in Omega Healthcare Investors by 2.3% during the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock valued at $498,000 after purchasing an additional 295 shares during the last quarter. US Bancorp DE increased its position in 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 worth $612,000 after buying an additional 309 shares during the period. Samalin Investment Counsel LLC increased its position in Omega Healthcare Investors by 1.5% in 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 during the period. Loomis Sayles & Co. L P lifted its stake in Omega Healthcare Investors by 27.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 319 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 valued at $2,075,000 after acquiring an additional 325 shares during the period. 65.25% of the stock is owned by institutional investors and hedge funds.

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Omega Healthcare Investors Price Performance

Shares of NYSE OHI traded up $0.08 during mid-day trading on Tuesday, reaching $38.22. 2,079,506 shares of the company traded hands, compared to its average volume of 1,841,487. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The firm has a market cap of $10.77 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. The stock has a fifty day simple moving average of $37.14 and a 200-day simple moving average of $38.52. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

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 for the quarter, beating the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.01%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. Truist Financial lifted their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the company 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 report on Friday, February 7th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price 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.