Quantinno Capital Management LP Has $93.16 Million Holdings in Omega Healthcare Investors, Inc. $OHI

Quantinno Capital Management LP grew its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 48.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,125,931 shares of the real estate investment trust’s stock after purchasing an additional 694,426 shares during the quarter. Quantinno Capital Management LP’s holdings in Omega Healthcare Investors were worth $93,158,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Resources Management Corp CT ADV raised its stake in shares of Omega Healthcare Investors by 300.0% during the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 450 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 268 shares during the last quarter. Ascentis Independent Advisors bought a new position in Omega Healthcare Investors in the first quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Omega Healthcare Investors during the 4th quarter worth $37,000. Finally, Rothschild Investment LLC grew its holdings in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 698 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $51.44 on Tuesday. The firm has a market cap of $15.32 billion, a P/E ratio of 24.85, a PEG ratio of 2.21 and a beta of 0.58. Omega Healthcare Investors, Inc. has a twelve month low of $38.22 and a twelve month high of $51.92. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The firm’s 50 day moving average price is $47.55 and its two-hundred day moving average price is $46.50.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The company had revenue of $322.95 million for the quarter, compared to the consensus estimate of $264.07 million. During the same period in the prior year, the company earned $0.75 EPS. The firm’s revenue was up 16.7% on a year-over-year basis. On average, analysts forecast that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.3%. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date is Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio is presently 129.47%.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of analyst reports. UBS Group set a $47.00 price target on Omega Healthcare Investors in a research note on Thursday, June 18th. Barclays started coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price objective for the company. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Royal Bank Of Canada raised their target price on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Finally, Scotiabank decreased their price objective on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $48.50.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.