Rossby Financial LCC Takes Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Rossby Financial LCC bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 23,959 shares of the real estate investment trust's stock, valued at approximately $907,000.

Several other institutional investors have also bought and sold shares of the stock. Mariner LLC increased its position in Omega Healthcare Investors by 1.9% in the fourth quarter. Mariner LLC now owns 171,617 shares of the real estate investment trust's stock worth $6,496,000 after purchasing an additional 3,186 shares during the period. Cohen & Steers Inc. lifted its stake in Omega Healthcare Investors by 50.8% in the fourth quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock valued at $992,467,000 after buying an additional 8,837,218 shares in the last quarter. Summit Investment Advisors Inc. increased its holdings in Omega Healthcare Investors by 2.2% during the 4th quarter. Summit Investment Advisors Inc. now owns 54,069 shares of the real estate investment trust's stock worth $2,047,000 after purchasing an additional 1,171 shares in the last quarter. Advisors Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 4.3% in the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after purchasing an additional 31,072 shares in the last quarter. Finally, Sagespring Wealth Partners LLC bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $206,000. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

OHI traded up $0.24 on Friday, hitting $38.54. 2,136,401 shares of the company's stock traded hands, compared to its average volume of 1,847,302. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42. The company's 50 day simple moving average is $37.19 and its 200-day simple moving average is $38.50. The firm has a market cap of $10.86 billion, a price-to-earnings ratio of 24.86, a P/E/G ratio of 1.09 and a beta of 0.75.

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 (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. As a group, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS 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 $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.95%. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 172.90%.

Analyst Upgrades and Downgrades

Several analysts recently commented on OHI shares. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial raised their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company cut shares of 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. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $42.00.

Omega Healthcare Investors 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.