Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,797 shares of the real estate investment trust’s stock after acquiring an additional 722 shares during the quarter. Voya Investment Management LLC’s holdings in Omega Healthcare Investors were worth $1,241,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Cohen & Steers Inc. increased its position in 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 worth $992,467,000 after purchasing an additional 8,837,218 shares during the last quarter. Norges Bank acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter worth $110,160,000. Vanguard Group Inc. raised its position in shares of 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 worth $1,440,646,000 after buying an additional 1,809,519 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Omega Healthcare Investors by 22.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after acquiring an additional 890,912 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Omega Healthcare Investors during the fourth quarter valued at about $20,058,000. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on OHI shares. JMP Securities reaffirmed 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 decreased their price objective for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Finally, Truist Financial raised their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $36.17 on Tuesday. 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 firm’s fifty day moving average price is $37.61 and its 200 day moving average price is $38.30. The company has a market capitalization of $10.39 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. Omega Healthcare Investors, Inc. has a 12-month low of $30.48 and a 12-month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The business had revenue of $228.38 million for the quarter, compared to analysts’ expectations of $236.61 million. During the same quarter in the previous year, the firm posted $0.68 earnings per share. The company’s revenue was up 13.8% compared to the same quarter last year. On average, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 5th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.41%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 166.46%.

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.