Moody National Bank Trust Division Lowers Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Moody National Bank Trust Division reduced its position in Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,592 shares of the real estate investment trust’s stock after selling 1,041 shares during the quarter. Moody National Bank Trust Division’s holdings in Omega Healthcare Investors were worth $687,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in OHI. Meiji Yasuda Asset Management Co Ltd. increased its stake in Omega Healthcare Investors by 0.6% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 66,685 shares of the real estate investment trust’s stock worth $1,967,000 after buying an additional 394 shares during the period. Kovack Advisors Inc. increased its position in shares of Omega Healthcare Investors by 11.3% during the third quarter. Kovack Advisors Inc. now owns 8,966 shares of the real estate investment trust’s stock worth $264,000 after acquiring an additional 913 shares during the period. Belpointe Asset Management LLC boosted its holdings in Omega Healthcare Investors by 71.9% in the third quarter. Belpointe Asset Management LLC now owns 18,429 shares of the real estate investment trust’s stock valued at $543,000 after purchasing an additional 7,708 shares during the period. Osborne Partners Capital Management LLC boosted its holdings in Omega Healthcare Investors by 1.3% in the third quarter. Osborne Partners Capital Management LLC now owns 170,755 shares of the real estate investment trust’s stock valued at $5,036,000 after purchasing an additional 2,183 shares during the period. Finally, AE Wealth Management LLC grew its stake in Omega Healthcare Investors by 62.7% during the 3rd quarter. AE Wealth Management LLC now owns 33,628 shares of the real estate investment trust’s stock worth $992,000 after purchasing an additional 12,957 shares in the last quarter. Institutional investors and hedge funds own 63.58% of the company’s stock.

Omega Healthcare Investors Trading Down 3.0 %

Shares of Omega Healthcare Investors stock opened at $27.04 on Friday. The company has a current ratio of 5.01, a quick ratio of 5.01 and a debt-to-equity ratio of 1.39. The company has a fifty day simple moving average of $28.03 and a 200-day simple moving average of $29.51. The stock has a market cap of $6.33 billion, a price-to-earnings ratio of 15.11 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 12-month low of $24.81 and a 12-month high of $33.71.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Monday, February 6th were paid a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 3rd. This represents a $2.68 annualized dividend and a yield of 9.91%. Omega Healthcare Investors’s dividend payout ratio is presently 149.72%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on OHI. Raymond James reduced their price target on Omega Healthcare Investors from $35.00 to $33.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 15th. Robert W. Baird decreased their price target on shares of Omega Healthcare Investors from $32.00 to $29.00 in a research note on Friday, January 13th. Citigroup lowered their price target on shares of Omega Healthcare Investors from $30.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, February 22nd. StockNews.com lowered shares of Omega Healthcare Investors from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Credit Suisse Group downgraded shares of Omega Healthcare Investors from a “neutral” rating to an “underperform” rating and set a $25.00 target price for the company. in a research note on Monday, January 9th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors has an average rating of “Hold” and a consensus target price of $30.22.

Omega Healthcare Investors Profile

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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.