UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $67.64 Million Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 328.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,661,964 shares of the real estate investment trust's stock after acquiring an additional 1,274,238 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.62% of Omega Healthcare Investors worth $67,642,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its position in Omega Healthcare Investors by 12.0% in the third quarter. Allworth Financial LP now owns 2,276 shares of the real estate investment trust's stock valued at $93,000 after purchasing an additional 244 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Omega Healthcare Investors by 29.4% in the third quarter. Venturi Wealth Management LLC now owns 1,259 shares of the real estate investment trust's stock valued at $51,000 after acquiring an additional 286 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in Omega Healthcare Investors by 3.7% during the second quarter. Cutter & CO Brokerage Inc. now owns 8,206 shares of the real estate investment trust's stock valued at $281,000 after purchasing an additional 290 shares during the last quarter. NCP Inc. grew its stake in Omega Healthcare Investors by 10.3% in the second quarter. NCP Inc. now owns 3,310 shares of the real estate investment trust's stock valued at $113,000 after purchasing an additional 310 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its position in shares of Omega Healthcare Investors by 49.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 976 shares of the real estate investment trust's stock worth $40,000 after purchasing an additional 323 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a "hold" rating in a report on Wednesday, September 4th. Wells Fargo & Company reiterated an "overweight" rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Berenberg Bank began coverage on Omega Healthcare Investors in a research report on Friday, October 18th. They set a "buy" rating and a $45.00 price target on the stock. Royal Bank of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a "sector perform" rating in a research note on Monday, November 11th. Finally, Scotiabank increased their price target on Omega Healthcare Investors from $33.00 to $39.00 and gave the company a "sector perform" rating in a research note on Monday, August 26th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $40.00.

Omega Healthcare Investors Price Performance

OHI traded down $0.27 during trading on Tuesday, hitting $39.54. 1,555,367 shares of the stock traded hands, compared to its average volume of 1,685,888. The business has a 50 day moving average price of $40.59 and a 200 day moving average price of $37.46. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $44.42. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 1.24 and a beta of 0.98.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were paid a $0.67 dividend. The ex-dividend date was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.78%. Omega Healthcare Investors's payout ratio is currently 197.06%.

Insider Activity at Omega Healthcare Investors

In related news, CFO Robert O. Stephenson sold 22,542 shares of Omega Healthcare Investors stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.19, for a total transaction of $905,962.98. Following the sale, the chief financial officer now directly owns 183,076 shares in the company, valued at $7,357,824.44. This trade represents a 10.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Daniel J. Booth sold 56,725 shares of the company's stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the completion of the transaction, the chief operating officer now owns 100,000 shares of the company's stock, valued at approximately $4,025,000. This trade represents a 36.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.37% of the stock is currently owned by insiders.

About Omega Healthcare Investors

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.