Voloridge Investment Management LLC Acquires 289,402 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Voloridge Investment Management LLC boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 128.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 515,109 shares of the real estate investment trust’s stock after buying an additional 289,402 shares during the period. Voloridge Investment Management LLC owned approximately 0.19% of Omega Healthcare Investors worth $19,497,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors during the fourth quarter valued at $26,000. Kentucky Trust Co bought a new stake in Omega Healthcare Investors during the fourth quarter worth about $38,000. UMB Bank n.a. lifted its stake in Omega Healthcare Investors by 68.6% during the fourth 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. V Square Quantitative Management LLC lifted its stake in Omega Healthcare Investors by 44.5% during the fourth 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. Finally, Loomis Sayles & Co. L P lifted its stake in Omega Healthcare Investors by 27.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 319 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports 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 lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Finally, Truist Financial lifted their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock 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.com, the stock currently has an average rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Stock Performance

OHI stock opened at $36.01 on Friday. The stock has a market capitalization of $10.42 billion, a PE ratio of 23.23, 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 $30.75 and a 12-month high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock’s 50 day simple moving average is $37.40 and its 200 day simple moving average is $37.87.

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

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.44%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 166.46%.

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.