Focus Financial Network Inc. Has $1.35 Million Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Focus Financial Network Inc. lessened its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,436 shares of the real estate investment trust’s stock after selling 504 shares during the period. Focus Financial Network Inc.’s holdings in Omega Healthcare Investors were worth $1,349,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at $26,000. NBC Securities Inc. bought a new position in Omega Healthcare Investors in the first quarter valued at about $29,000. Kentucky Trust Co acquired a new stake in Omega Healthcare Investors in the fourth quarter worth about $38,000. V Square Quantitative Management LLC raised its holdings in Omega Healthcare Investors by 44.5% during the 4th 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 raised its holdings in Omega Healthcare Investors by 27.6% during the 4th 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 and hedge funds own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

OHI has been the topic of several recent research reports. Wells Fargo & Company reduced their target price on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, June 2nd. Truist Financial raised their price objective 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $41.88.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI opened at $36.99 on Friday. The firm’s 50 day simple moving average is $37.15 and its 200 day simple moving average is $37.52. Omega Healthcare Investors, Inc. has a fifty-two week low of $31.73 and a fifty-two week high of $44.42. The company has a market capitalization of $10.70 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 1.09 and a beta of 0.69. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75. The company had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $0.68 earnings per share. As a group, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.25%. Omega Healthcare Investors’s dividend payout ratio 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.