Tower Research Capital LLC TRC Increases Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Tower Research Capital LLC TRC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 137.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,683 shares of the real estate investment trust's stock after buying an additional 11,981 shares during the quarter. Tower Research Capital LLC TRC's holdings in Omega Healthcare Investors were worth $783,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of OHI. Cohen & Steers Inc. raised its position in shares of Omega Healthcare Investors by 50.8% during 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 during the last quarter. Norges Bank purchased a new position in Omega Healthcare Investors during the fourth quarter valued at $110,160,000. Vanguard Group Inc. increased its holdings in Omega Healthcare Investors by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock valued at $1,440,646,000 after acquiring an additional 1,809,519 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock worth $183,205,000 after purchasing an additional 890,912 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $20,058,000. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $37.75 on Friday. The company's 50-day simple moving average is $37.42 and its two-hundred day simple moving average is $38.42. 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, Inc. has a one year low of $30.26 and a one year high of $44.42. The company has a market capitalization of $10.84 billion, a P/E ratio of 24.35, a P/E/G ratio of 1.09 and a beta of 0.75.

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 earnings per share for the quarter, beating 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%. As a group, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.10%. The ex-dividend date of this dividend is Monday, May 5th. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on OHI. Truist Financial boosted their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus 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.

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