Sei Investments Co. increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 10.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 922,037 shares of the real estate investment trust’s stock after acquiring an additional 89,849 shares during the period. Sei Investments Co. owned approximately 0.31% of Omega Healthcare Investors worth $40,404,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada increased its position in Omega Healthcare Investors by 29.4% during the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after buying an additional 32,798 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Omega Healthcare Investors by 3.1% in the first quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after acquiring an additional 597 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Omega Healthcare Investors during the second quarter valued at $257,000. Guggenheim Capital LLC increased its holdings in shares of Omega Healthcare Investors by 1.0% during the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock valued at $1,077,000 after acquiring an additional 280 shares in the last quarter. Finally, First Trust Advisors LP raised its position in shares of Omega Healthcare Investors by 32.8% in the 2nd quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock worth $7,077,000 after purchasing an additional 47,649 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.
Omega Healthcare Investors Trading Up 0.1%
Omega Healthcare Investors stock opened at $51.75 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32. Omega Healthcare Investors, Inc. has a one year low of $38.22 and a one year high of $51.92. The stock has a market capitalization of $15.41 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 2.21 and a beta of 0.58. The business’s fifty day moving average is $47.49 and its 200 day moving average is $46.45.
Omega Healthcare Investors Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 5.3%. Omega Healthcare Investors’s dividend payout ratio is presently 129.47%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Scotiabank dropped their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. BMO Capital Markets restated a “market perform” rating and set a $52.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Truist Financial decreased their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a report on Tuesday, June 9th. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 30th. Finally, UBS Group set a $47.00 price target on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $48.50.
View Our Latest Stock Report on OHI
About Omega Healthcare Investors
Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.
Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.
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