Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 14.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,572 shares of the real estate investment trust’s stock after acquiring an additional 568 shares during the period. GAMMA Investing LLC’s holdings in Omega Healthcare Investors were worth $174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Yousif Capital Management LLC boosted its stake in shares of Omega Healthcare Investors by 2.1% in the first quarter. Yousif Capital Management LLC now owns 105,547 shares of the real estate investment trust’s stock worth $4,019,000 after acquiring an additional 2,206 shares during the last quarter. Pallas Capital Advisors LLC acquired a new stake in shares of Omega Healthcare Investors in the first quarter worth approximately $285,000. Farther Finance Advisors LLC boosted its stake in Omega Healthcare Investors by 30.8% during the first quarter. Farther Finance Advisors LLC now owns 3,903 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 919 shares during the last quarter. Capital Investment Advisors LLC acquired a new position in Omega Healthcare Investors during the first quarter worth $326,000. Finally, Park Avenue Securities LLC boosted its stake in Omega Healthcare Investors by 18.2% during the first quarter. Park Avenue Securities LLC now owns 18,534 shares of the real estate investment trust’s stock worth $706,000 after buying an additional 2,854 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent research reports. Truist Financial boosted their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, March 18th. Wells Fargo & Company lowered their price objective on 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. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $41.88.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $36.64 on Friday. Omega Healthcare Investors, Inc. has a fifty-two week low of $33.43 and a fifty-two week high of $44.42. The stock’s fifty day moving average is $36.82 and its two-hundred day moving average is $37.20. The firm has a market capitalization of $10.60 billion, a P/E ratio of 22.76, a price-to-earnings-growth ratio of 2.15 and a beta of 0.68. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The business had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. During the same quarter in the prior year, the company posted $0.68 EPS. The company’s quarterly revenue was up 13.8% on a year-over-year basis. On average, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.31%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 166.46%.

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.