Yousif Capital Management LLC Boosts Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Yousif Capital Management LLC raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 103,341 shares of the real estate investment trust’s stock after buying an additional 513 shares during the period. Yousif Capital Management LLC’s holdings in Omega Healthcare Investors were worth $3,911,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of OHI. Retirement Systems of Alabama raised its stake in shares of Omega Healthcare Investors by 4.8% during the 4th quarter. Retirement Systems of Alabama now owns 328,235 shares of the real estate investment trust’s stock worth $12,424,000 after acquiring an additional 15,023 shares in the last quarter. Longboard Asset Management LP acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $200,000. abrdn plc lifted its holdings in shares of Omega Healthcare Investors by 1.4% during the 4th quarter. abrdn plc now owns 1,135,267 shares of the real estate investment trust’s stock valued at $43,055,000 after purchasing an additional 15,805 shares during the last quarter. Custom Index Systems LLC acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter worth $203,000. Finally, Sonora Investment Management Group LLC acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter worth $266,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Down 0.3 %

NYSE:OHI opened at $37.94 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 6.48 and a quick ratio of 6.48. The company’s fifty day moving average price is $38.06 and its 200-day moving average price is $39.06. Omega Healthcare Investors, Inc. has a 1-year low of $29.17 and a 1-year high of $44.42. The firm has a market capitalization of $10.24 billion, a P/E ratio of 27.90, a PEG ratio of 1.08 and a beta of 0.99.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 8.83% and a net margin of 34.41%. As a group, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.72 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 10th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.06%. The ex-dividend date of this dividend is Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is currently 197.06%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OHI. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Monday, December 9th. Royal Bank of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research report on Monday, November 11th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday. BNP Paribas raised shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a report on Thursday, October 31st. Finally, Mizuho boosted their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.67.

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.