Dunhill Financial LLC Acquires 750 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Dunhill Financial LLC boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 97.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,516 shares of the real estate investment trust’s stock after acquiring an additional 750 shares during the period. Dunhill Financial LLC’s holdings in Omega Healthcare Investors were worth $57,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cohen & Steers Inc. raised its stake in shares of Omega Healthcare Investors by 50.8% in the fourth quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust’s stock valued at $992,467,000 after buying an additional 8,837,218 shares during the period. Norges Bank bought a new stake in Omega Healthcare Investors in the 4th quarter valued at about $110,160,000. Vanguard Group Inc. lifted its holdings in 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 valued at $1,440,646,000 after purchasing an additional 1,809,519 shares during the last quarter. Northern Trust Corp boosted its position in Omega Healthcare Investors by 49.4% during the fourth quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust’s stock worth $123,951,000 after purchasing an additional 1,083,326 shares during the period. Finally, Daiwa Securities Group Inc. increased its stake in shares of Omega Healthcare Investors by 22.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock worth $183,205,000 after purchasing an additional 890,912 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $35.66 on Thursday. Omega Healthcare Investors, Inc. has a 12-month low of $30.48 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 company has a market cap of $10.24 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. The stock has a 50-day moving average price of $37.57 and a 200-day moving average price of $38.26.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. The firm had revenue of $228.38 million during the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 earnings per share. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be issued a $0.67 dividend. The ex-dividend date is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.52%. Omega Healthcare Investors’s payout ratio is 166.46%.

Wall Street Analysts Forecast Growth

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

About Omega Healthcare Investors

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.