Thrivent Financial for Lutherans Has $3.25 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Thrivent Financial for Lutherans boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 41.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 85,798 shares of the real estate investment trust's stock after purchasing an additional 25,223 shares during the period. Thrivent Financial for Lutherans' holdings in Omega Healthcare Investors were worth $3,247,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its stake in shares of Omega Healthcare Investors by 1.1% in the third quarter. Natixis Advisors LLC now owns 31,711 shares of the real estate investment trust's stock worth $1,291,000 after acquiring an additional 331 shares during the last quarter. Pathstone Holdings LLC grew its stake in Omega Healthcare Investors by 23.9% in the third quarter. Pathstone Holdings LLC now owns 32,112 shares of the real estate investment trust's stock valued at $1,307,000 after purchasing an additional 6,199 shares in the last quarter. Citigroup Inc. increased its position in Omega Healthcare Investors by 20.1% in the 3rd quarter. Citigroup Inc. now owns 351,529 shares of the real estate investment trust's stock worth $14,307,000 after purchasing an additional 58,950 shares during the last quarter. Cerity Partners LLC increased its position in Omega Healthcare Investors by 99.6% in the 3rd quarter. Cerity Partners LLC now owns 277,031 shares of the real estate investment trust's stock worth $11,275,000 after purchasing an additional 138,208 shares during the last quarter. Finally, Penserra Capital Management LLC raised its stake in shares of Omega Healthcare Investors by 22.6% during the 3rd quarter. Penserra Capital Management LLC now owns 38,716 shares of the real estate investment trust's stock worth $1,575,000 after purchasing an additional 7,130 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of equities analysts recently commented on OHI shares. BMO Capital Markets upgraded Omega Healthcare Investors from a "market perform" rating to an "outperform" rating and set a $45.00 price objective on the stock in a report on Monday, December 9th. Mizuho boosted 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 report on Thursday, December 5th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $41.00 to $39.00 in a report on Thursday. Truist Financial lifted their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research note on Tuesday, March 18th. Finally, JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research 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. According to MarketBeat, Omega Healthcare Investors has an average rating of "Hold" and an average price target of $42.00.

Omega Healthcare Investors Stock Performance

OHI traded up $0.58 during trading on Friday, hitting $38.08. The stock had a trading volume of 1,409,521 shares, compared to its average volume of 1,769,437. The firm has a market cap of $10.73 billion, a PE ratio of 24.57, a P/E/G 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. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The company has a 50 day simple moving average of $37.11 and a 200-day simple moving average of $38.80.

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 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Analysts expect 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 given a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.04%. Omega Healthcare Investors's dividend payout ratio is 172.90%.

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.