Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Bokf Na

Bokf Na reduced its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,855 shares of the real estate investment trust’s stock after selling 2,149 shares during the quarter. Bokf Na’s holdings in Omega Healthcare Investors were worth $1,045,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Lazard Asset Management LLC grew its stake in Omega Healthcare Investors by 259.1% during the 1st quarter. Lazard Asset Management LLC now owns 4,043 shares of the real estate investment trust’s stock worth $128,000 after buying an additional 2,917 shares during the last quarter. Epoch Investment Partners Inc. bought a new position in shares of Omega Healthcare Investors in the first quarter worth $206,000. Cadence Bank bought a new position in shares of Omega Healthcare Investors in the first quarter worth $651,000. CreativeOne Wealth LLC grew its stake in shares of Omega Healthcare Investors by 44.4% in the first quarter. CreativeOne Wealth LLC now owns 9,662 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 2,969 shares in the last quarter. Finally, Sculati Wealth Management LLC grew its stake in shares of Omega Healthcare Investors by 2.7% in the first quarter. Sculati Wealth Management LLC now owns 56,182 shares of the real estate investment trust’s stock worth $1,779,000 after purchasing an additional 1,454 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Performance

OHI traded down $0.06 during midday trading on Monday, reaching $36.24. The company’s stock had a trading volume of 126,047 shares, compared to its average volume of 1,662,677. The stock has a market cap of $8.95 billion, a P/E ratio of 32.69, a PEG ratio of 1.41 and a beta of 0.97. The company has a fifty day simple moving average of $33.36 and a 200 day simple moving average of $31.57. The company has a current ratio of 6.68, a quick ratio of 6.68 and a debt-to-equity ratio of 1.36. Omega Healthcare Investors, Inc. has a twelve month low of $27.53 and a twelve month high of $37.13.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Monday, August 5th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, August 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.40%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on OHI shares. Scotiabank increased their price target on Omega Healthcare Investors from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 9th. Mizuho cut Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and raised their target price for the company from $34.00 to $35.00 in a research note on Thursday. Wells Fargo & Company raised Omega Healthcare Investors to a “strong-buy” rating in a research note on Friday, June 14th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday, May 6th. Finally, Truist Financial upped their target price on Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “hold” rating in a report on Wednesday, June 26th. Nine equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $33.67.

About Omega Healthcare Investors

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.