Invesco Ltd. Reduces Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Invesco Ltd. lessened its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,087,236 shares of the real estate investment trust’s stock after selling 12,412 shares during the period. Invesco Ltd. owned 0.40% of Omega Healthcare Investors worth $41,152,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Waterloo Capital L.P. raised its holdings in Omega Healthcare Investors by 1.2% during the fourth quarter. Waterloo Capital L.P. now owns 98,438 shares of the real estate investment trust’s stock worth $3,726,000 after purchasing an additional 1,131 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Omega Healthcare Investors by 5.2% during the 4th quarter. Russell Investments Group Ltd. now owns 915,460 shares of the real estate investment trust’s stock worth $34,650,000 after acquiring an additional 45,562 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Omega Healthcare Investors by 12.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 290,576 shares of the real estate investment trust’s stock valued at $10,998,000 after acquiring an additional 32,721 shares during the last quarter. Wedbush Securities Inc. boosted its stake in Omega Healthcare Investors by 6.7% in the fourth quarter. Wedbush Securities Inc. now owns 20,775 shares of the real estate investment trust’s stock valued at $786,000 after acquiring an additional 1,306 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. acquired a new position in Omega Healthcare Investors in the fourth quarter valued at $4,054,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on OHI. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial increased their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Finally, Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $42.00.

Omega Healthcare Investors Trading Up 0.3 %

NYSE:OHI opened at $38.35 on Thursday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 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 $37.15 and its 200-day simple moving average is $38.51. The firm has a market cap of $10.81 billion, a P/E ratio of 24.74, a PEG ratio of 1.09 and a beta of 0.75.

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

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 6.99%. Omega Healthcare Investors’s dividend payout ratio is currently 172.90%.

Omega Healthcare Investors Company 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.