Foundations Investment Advisors LLC Acquires 990 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Foundations Investment Advisors LLC lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) by 7.0% during the fourth quarter, HoldingsChannel reports. The firm owned 15,085 shares of the real estate investment trust’s stock after purchasing an additional 990 shares during the period. Foundations Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $445,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Jump Financial LLC raised its position in Omega Healthcare Investors by 547.8% during the 3rd quarter. Jump Financial LLC now owns 82,311 shares of the real estate investment trust’s stock valued at $2,729,000 after purchasing an additional 69,605 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Omega Healthcare Investors by 9.6% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 663,890 shares of the real estate investment trust’s stock worth $20,355,000 after acquiring an additional 58,198 shares during the period. Vanguard Group Inc. lifted its stake in Omega Healthcare Investors by 3.0% in the third quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock worth $1,156,219,000 after acquiring an additional 1,003,927 shares during the period. State of Alaska Department of Revenue grew its holdings in Omega Healthcare Investors by 0.9% during the 4th quarter. State of Alaska Department of Revenue now owns 142,445 shares of the real estate investment trust’s stock worth $4,367,000 after acquiring an additional 1,232 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in Omega Healthcare Investors by 6.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 155,078 shares of the real estate investment trust’s stock valued at $4,755,000 after purchasing an additional 9,473 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several research reports. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price target for the company in a research report on Thursday, February 8th. Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and upped their target price for the stock from $32.00 to $35.00 in a report on Friday, March 22nd. Truist Financial lifted their price target on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, April 2nd. Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $31.00 to $35.00 in a research note on Monday, February 26th. Finally, JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Monday, May 6th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and an average price target of $33.63.

View Our Latest Analysis on OHI

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $30.63 on Friday. Omega Healthcare Investors, Inc. has a fifty-two week low of $27.53 and a fifty-two week high of $34.77. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.68 and a current ratio of 6.68. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 7.31 and a beta of 0.92. The stock’s 50-day simple moving average is $30.92 and its 200-day simple moving average is $30.81.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 8.75%. The ex-dividend date was Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is presently 241.44%.

Omega Healthcare Investors Company Profile

(Free Report)

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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