Rockefeller Capital Management L.P. Decreases Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Rockefeller Capital Management L.P. lessened its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,747 shares of the real estate investment trust's stock after selling 15,980 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.07% of Omega Healthcare Investors worth $7,636,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Johnson Investment Counsel Inc. boosted its holdings in shares of Omega Healthcare Investors by 2.3% in 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 acquiring an additional 295 shares during the period. Bessemer Group Inc. grew its position in Omega Healthcare Investors by 5.9% during the 4th quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock worth $207,000 after purchasing an additional 303 shares during the last quarter. US Bancorp DE increased its stake 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 valued at $612,000 after purchasing an additional 309 shares during the period. Samalin Investment Counsel LLC raised its holdings in shares of 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 valued at $817,000 after buying an additional 314 shares during the last quarter. Finally, Loomis Sayles & Co. L P raised its holdings in shares of 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. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Shares of Omega Healthcare Investors stock traded up $0.52 during trading on Tuesday, reaching $38.37. The company's stock had a trading volume of 2,182,696 shares, compared to its average volume of 1,855,147. The business has a 50 day moving average price of $37.32 and a 200-day moving average price of $38.45. Omega Healthcare Investors, Inc. has a 12-month low of $30.26 and a 12-month high of $44.42. The company has a market capitalization of $11.02 billion, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its 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 net margin of 38.65% and a return on equity of 9.71%. As a group, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 6.98%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OHI shares. Wells Fargo & Company cut 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 report on Thursday, March 27th. Truist Financial boosted their target price 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 reaffirmed 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 assigned a buy rating to the stock. According to MarketBeat, the company currently 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.