MetLife Investment Management LLC Boosts Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

MetLife Investment Management LLC increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 13.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,094 shares of the real estate investment trust’s stock after acquiring an additional 19,200 shares during the period. MetLife Investment Management LLC owned approximately 0.06% of Omega Healthcare Investors worth $6,060,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Johnson Investment Counsel Inc. raised its position in Omega Healthcare Investors by 2.3% in the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust’s stock valued at $498,000 after purchasing an additional 295 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of Omega Healthcare Investors by 5.9% during the fourth quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust’s stock worth $207,000 after buying an additional 303 shares during the period. US Bancorp DE raised its holdings in Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust’s stock valued at $612,000 after acquiring an additional 309 shares in the last quarter. Samalin Investment Counsel LLC lifted its stake in Omega Healthcare Investors by 1.5% in the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 314 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its stake in Omega Healthcare Investors by 27.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 319 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Up 1.4 %

OHI opened at $38.37 on Wednesday. Omega Healthcare Investors, Inc. has a one year low of $30.26 and a one year 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 stock has a market capitalization of $11.02 billion, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. The business’s 50-day simple moving average is $37.32 and its 200-day simple moving average is $38.45.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping 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 anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a 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%.

Analyst Upgrades and Downgrades

OHI has been the topic of a number of analyst reports. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Wells Fargo & Company cut Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Finally, Truist Financial upped their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $42.00.

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.