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

Kestra Investment Management LLC raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 47.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,972 shares of the real estate investment trust’s stock after purchasing an additional 8,021 shares during the quarter. Kestra Investment Management LLC’s holdings in Omega Healthcare Investors were worth $945,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Atria Wealth Solutions Inc. raised its position in shares of Omega Healthcare Investors by 15.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 62,053 shares of the real estate investment trust’s stock worth $2,349,000 after acquiring an additional 8,416 shares during the period. Venturi Wealth Management LLC raised its position in shares of Omega Healthcare Investors by 55.7% in the fourth quarter. Venturi Wealth Management LLC now owns 1,960 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 701 shares during the period. Truist Financial Corp raised its position in shares of Omega Healthcare Investors by 1.7% in the fourth quarter. Truist Financial Corp now owns 22,449 shares of the real estate investment trust’s stock worth $850,000 after acquiring an additional 375 shares during the period. CIBC Asset Management Inc raised its position in shares of Omega Healthcare Investors by 5.1% in the fourth quarter. CIBC Asset Management Inc now owns 7,522 shares of the real estate investment trust’s stock worth $285,000 after acquiring an additional 367 shares during the period. Finally, Principal Financial Group Inc. raised its position in shares of Omega Healthcare Investors by 3.8% in the fourth quarter. Principal Financial Group Inc. now owns 618,808 shares of the real estate investment trust’s stock worth $23,422,000 after acquiring an additional 22,404 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analysts Set New Price Targets

OHI has been the subject of a number of analyst reports. Royal Bank of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $43.00 and gave the stock a “sector perform” rating in a research report on Monday, November 11th. Mizuho upped their price target on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. BNP Paribas upgraded shares of Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target for the company in a research report on Thursday, October 31st. 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. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $41.67.

Omega Healthcare Investors Stock Down 1.0 %

OHI stock opened at $36.04 on Wednesday. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 23.25, a PEG ratio of 1.11 and a beta of 0.99. The company has a current ratio of 7.07, a quick ratio of 6.48 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a 12 month low of $29.66 and a 12 month high of $44.42. The firm has a 50-day moving average of $37.63 and a two-hundred day moving average of $39.10.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 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, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. The ex-dividend date was Monday, February 10th. This represents a $2.68 dividend on an annualized basis and a yield of 7.44%. Omega Healthcare Investors’s payout ratio is 172.90%.

Omega Healthcare Investors 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.