O Shaughnessy Asset Management LLC Raises Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

O Shaughnessy Asset Management LLC lifted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 27.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,064 shares of the real estate investment trust’s stock after acquiring an additional 2,185 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Omega Healthcare Investors were worth $381,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Johnson Investment Counsel Inc. grew its position in Omega Healthcare Investors by 2.3% during the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock worth $498,000 after purchasing an additional 295 shares during the last quarter. US Bancorp DE boosted its stake in shares of Omega Healthcare Investors by 1.9% during the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock worth $612,000 after buying an additional 309 shares during the period. Samalin Investment Counsel LLC grew its holdings in shares of Omega Healthcare Investors by 1.5% during the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust’s stock worth $817,000 after buying an additional 314 shares during the last quarter. Loomis Sayles & Co. L P grew its holdings in shares of 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 buying an additional 319 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Omega Healthcare Investors by 0.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust’s stock valued at $2,075,000 after acquiring an additional 325 shares during the period. 65.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

OHI has been the topic of several analyst reports. Truist Financial lifted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $42.00.

Omega Healthcare Investors Stock Performance

NYSE:OHI opened at $37.84 on Friday. The firm’s fifty day simple moving average is $37.15 and its 200-day simple moving average is $38.55. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market cap of $10.66 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.08%. Omega Healthcare Investors’s payout ratio is 172.90%.

About Omega Healthcare Investors

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.