Nomura Asset Management Co. Ltd. raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 8.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 355,280 shares of the real estate investment trust’s stock after buying an additional 26,900 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.13% of Omega Healthcare Investors worth $13,447,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of OHI. Dynamic Technology Lab Private Ltd purchased a new stake in Omega Healthcare Investors in the third quarter valued at approximately $299,000. Bank of Montreal Can grew its stake in shares of Omega Healthcare Investors by 309.7% during the 3rd quarter. Bank of Montreal Can now owns 267,394 shares of the real estate investment trust’s stock valued at $10,784,000 after buying an additional 202,131 shares during the period. FMR LLC increased its holdings in shares of Omega Healthcare Investors by 9.9% during the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after buying an additional 380,626 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Omega Healthcare Investors by 120.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock worth $9,212,000 after buying an additional 123,836 shares during the period. Finally, Townsquare Capital LLC boosted its holdings in Omega Healthcare Investors by 14.4% in the third quarter. Townsquare Capital LLC now owns 27,722 shares of the real estate investment trust’s stock valued at $1,128,000 after acquiring an additional 3,487 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.
Omega Healthcare Investors Stock Performance
Omega Healthcare Investors stock opened at $38.08 on Monday. Omega Healthcare Investors, Inc. has a 12-month low of $29.66 and a 12-month high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The company has a market capitalization of $10.73 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The firm’s fifty day moving average price is $37.11 and its 200 day moving average price is $38.80.
Omega Healthcare Investors Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on OHI. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company lowered shares of 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 report on Thursday. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a research report on Monday, December 9th. Mizuho lifted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Finally, Truist Financial increased their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $42.00.
View Our Latest Analysis on Omega Healthcare Investors
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.
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