Beck Capital Management LLC Has $3.02 Million Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Beck Capital Management LLC raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,748 shares of the real estate investment trust’s stock after acquiring an additional 801 shares during the quarter. Beck Capital Management LLC’s holdings in Omega Healthcare Investors were worth $3,018,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new stake in shares of Omega Healthcare Investors during the fourth quarter worth $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at about $38,000. UMB Bank n.a. grew its holdings in shares of Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 454 shares during the last quarter. Finally, V Square Quantitative Management LLC increased its stake in shares of Omega Healthcare Investors by 44.5% in the fourth 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 institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on OHI. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Finally, Truist Financial upped their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $42.00.

Omega Healthcare Investors Trading Up 1.4 %

NYSE:OHI opened at $38.37 on Wednesday. Omega Healthcare Investors, Inc. has a 12 month low of $30.26 and a 12 month high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $11.02 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 1.09 and a beta of 0.75. The firm has a fifty day simple moving average of $37.32 and a two-hundred day simple moving average of $38.45.

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

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.98%. The ex-dividend date of this dividend 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.