Rossby Financial LCC Makes New $907,000 Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Rossby Financial LCC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 23,959 shares of the real estate investment trust’s stock, valued at approximately $907,000.

Several other hedge funds have also modified their holdings of the stock. Stonebridge Financial Group LLC bought a new stake in shares of Omega Healthcare Investors in the 4th quarter worth about $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the 4th quarter valued at about $30,000. Kentucky Trust Co acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $38,000. UMB Bank n.a. boosted its position in Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 454 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 434 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on OHI shares. Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $41.00 to $39.00 in a report on Thursday, March 27th. 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. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $42.00.

Omega Healthcare Investors Trading Up 0.5 %

NYSE OHI opened at $37.84 on Monday. The stock has a market cap of $10.66 billion, a price-to-earnings ratio of 24.41, a PEG ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a twelve month low of $29.66 and a twelve month high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The firm’s 50 day moving average price is $37.15 and its two-hundred day moving average price is $38.53.

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

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.08%. The ex-dividend date was Monday, February 10th. 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.