Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 0.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 57,602 shares of the real estate investment trust’s stock after buying an additional 379 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Omega Healthcare Investors were worth $2,180,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of Omega Healthcare Investors by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust’s stock worth $1,440,646,000 after acquiring an additional 1,809,519 shares during the period. State Street Corp lifted its holdings in Omega Healthcare Investors by 0.9% during the 3rd quarter. State Street Corp now owns 12,339,753 shares of the real estate investment trust’s stock worth $502,228,000 after purchasing an additional 114,085 shares during the last quarter. Geode Capital Management LLC boosted its stake in Omega Healthcare Investors by 3.1% in the 3rd quarter. Geode Capital Management LLC now owns 6,426,129 shares of the real estate investment trust’s stock valued at $261,589,000 after purchasing an additional 192,465 shares during the period. Daiwa Securities Group Inc. grew its holdings in Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after buying an additional 890,912 shares in the last quarter. Finally, FMR LLC increased its position in Omega Healthcare Investors by 9.9% during the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after buying an additional 380,626 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on OHI shares. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Mizuho increased their price target on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Finally, Truist Financial lifted 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. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and a consensus price target of $42.00.
Omega Healthcare Investors Trading Down 0.0 %
NYSE OHI opened at $38.07 on Tuesday. The company has a market cap of $10.73 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. 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 business’s fifty day moving average is $37.12 and its 200 day moving average is $38.78. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its quarterly earnings data 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%. As a group, sell-side analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.04%. Omega Healthcare Investors’s payout ratio is 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.
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