Sei Investments Co. Boosts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Sei Investments Co. boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 34.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,386,708 shares of the real estate investment trust's stock after buying an additional 352,367 shares during the period. Sei Investments Co. owned 0.51% of Omega Healthcare Investors worth $52,487,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of OHI. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors during the fourth quarter worth about $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the fourth quarter worth $30,000. True Wealth Design LLC purchased a new stake in shares of Omega Healthcare Investors in the third quarter worth $31,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors during the third quarter valued at $31,000. Finally, Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at $38,000. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Performance

NYSE:OHI traded down $0.23 during trading hours on Thursday, reaching $37.50. The company had a trading volume of 2,218,921 shares, compared to its average volume of 1,700,022. The firm has a market cap of $10.57 billion, a price-to-earnings ratio of 24.19, a PEG ratio of 1.09 and a beta of 1.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm's 50 day moving average price is $37.10 and its 200-day moving average price is $38.84. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42.

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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 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%. On average, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analyst Weigh In

Several brokerages recently commented on OHI. Mizuho increased their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a "neutral" rating in a research report on Thursday, December 5th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 target price on the stock in a research note on Monday, December 9th. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $41.00 to $39.00 in a research report on Thursday. Finally, Truist Financial increased their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research note on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently 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.