Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina boosted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 250,597 shares of the real estate investment trust's stock after purchasing an additional 15,851 shares during the quarter. Treasurer of the State of North Carolina owned approximately 0.09% of Omega Healthcare Investors worth $9,485,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Stonebridge Financial Group LLC acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at about $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $30,000. Kentucky Trust Co acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter worth approximately $38,000. UMB Bank n.a. lifted its holdings in shares of Omega Healthcare Investors by 68.6% in the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 454 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Omega Healthcare Investors by 44.5% in the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 434 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Shares of Omega Healthcare Investors stock traded up $0.24 on Friday, hitting $38.54. The company had a trading volume of 2,136,401 shares, compared to its average volume of 1,847,302. Omega Healthcare Investors, Inc. has a 52 week low of $29.66 and a 52 week high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The company has a market cap of $10.86 billion, a PE ratio of 24.86, a PEG ratio of 1.09 and a beta of 0.75. The business has a 50-day simple moving average of $37.19 and a 200-day simple moving average of $38.50.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) 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%. Research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 6.95%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. Finally, Truist Financial upped their target price 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. Six equities research 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 a consensus 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.