Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Xponance Inc.

Xponance Inc. lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,833 shares of the real estate investment trust’s stock after purchasing an additional 742 shares during the quarter. Xponance Inc.’s holdings in Omega Healthcare Investors were worth $1,403,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of OHI. Cohen & Steers Inc. increased its holdings in shares of Omega Healthcare Investors by 50.8% in the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust’s stock valued at $992,467,000 after acquiring an additional 8,837,218 shares during the period. Norges Bank acquired a new position in shares of Omega Healthcare Investors in the 4th quarter valued at $110,160,000. Vanguard Group Inc. increased its holdings in shares of Omega Healthcare Investors by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock valued at $1,440,646,000 after acquiring an additional 1,809,519 shares during the period. Northern Trust Corp increased its holdings in shares of Omega Healthcare Investors by 49.4% in the 4th quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust’s stock valued at $123,951,000 after acquiring an additional 1,083,326 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Omega Healthcare Investors by 556.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust’s stock valued at $39,143,000 after acquiring an additional 871,472 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $38.00 on Wednesday. The stock has a market capitalization of $11.00 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.68. Omega Healthcare Investors, Inc. has a 52-week low of $34.96 and a 52-week high of $44.42. The stock’s 50-day moving average price is $36.75 and its 200 day moving average price is $37.16. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90.

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

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.05%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors’s payout ratio is 166.46%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on OHI shares. Truist Financial lifted their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $38.00 to $41.00 in a research report on Monday. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $42.25.

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.