Alpha DNA Investment Management LLC Buys Shares of 11,991 Omega Healthcare Investors, Inc. (NYSE:OHI)

Alpha DNA Investment Management LLC purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,991 shares of the real estate investment trust’s stock, valued at approximately $454,000.

Several other institutional investors and hedge funds also recently made changes to their positions in OHI. Sanctuary Advisors LLC acquired a new stake in Omega Healthcare Investors during the 3rd quarter worth $332,000. World Investment Advisors LLC acquired a new stake in shares of Omega Healthcare Investors during the third quarter worth about $220,000. Tidal Investments LLC lifted its holdings in shares of Omega Healthcare Investors by 158.8% during the 3rd quarter. Tidal Investments LLC now owns 46,159 shares of the real estate investment trust’s stock valued at $1,879,000 after purchasing an additional 28,326 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Omega Healthcare Investors by 441.4% in the 3rd quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust’s stock valued at $17,177,000 after purchasing an additional 350,570 shares during the period. Finally, Retirement Systems of Alabama raised its holdings in Omega Healthcare Investors by 2.7% during the 3rd quarter. Retirement Systems of Alabama now owns 313,212 shares of the real estate investment trust’s stock worth $12,748,000 after buying an additional 8,231 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Wells Fargo & Company lowered 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, March 27th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Omega Healthcare Investors currently has a consensus rating of “Hold” and a consensus target price of $42.00.

Omega Healthcare Investors Trading Up 0.6 %

Omega Healthcare Investors stock opened at $38.54 on Friday. 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 firm has a 50-day moving average of $37.24 and a 200-day moving average of $38.49. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 24.86, a P/E/G ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a one year low of $29.66 and a one year high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. On average, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 6.95%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 172.90%.

Omega Healthcare Investors Company 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.