Quantbot Technologies LP Takes $609,000 Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Quantbot Technologies LP bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 16,095 shares of the real estate investment trust’s stock, valued at approximately $609,000.

Other hedge funds have also made changes to their positions in the company. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors in the 4th quarter valued at $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors in the fourth quarter valued at about $30,000. True Wealth Design LLC acquired a new position in Omega Healthcare Investors during the 3rd quarter worth about $31,000. Dunhill Financial LLC bought a new stake in Omega Healthcare Investors during the 3rd quarter worth about $31,000. Finally, Kentucky Trust Co acquired a new stake in Omega Healthcare Investors in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Monday, December 9th. Mizuho upped their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. Wells Fargo & Company cut Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $41.00 to $39.00 in a research note on Thursday. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Truist Financial lifted their price objective on 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 given a buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Stock Down 0.6 %

Shares of Omega Healthcare Investors stock opened at $37.50 on Friday. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The business has a fifty day simple moving average of $37.10 and a 200 day simple moving average of $38.83. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market cap of $10.57 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 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 predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.15%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

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.