Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 81.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 231,694 shares of the real estate investment trust’s stock after selling 997,732 shares during the quarter. Deutsche Bank AG’s holdings in Omega Healthcare Investors were worth $8,770,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter valued at about $26,000. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors during the fourth quarter worth about $30,000. Kentucky Trust Co purchased a new position in Omega Healthcare Investors during the fourth quarter worth approximately $38,000. UMB Bank n.a. boosted its position in Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 454 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its position in Omega Healthcare Investors by 44.5% during the fourth quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 434 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on OHI shares. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Finally, Truist Financial raised their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $42.00.

Omega Healthcare Investors Trading Up 1.8%

Shares of NYSE OHI opened at $37.02 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $30.48 and a twelve month high of $44.42. The stock has a market capitalization of $10.71 billion, a PE ratio of 23.88, a PEG ratio of 1.09 and a beta of 0.73. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a fifty day simple moving average of $37.43 and a 200-day simple moving average of $38.00.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting the consensus estimate of $0.75. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The firm had revenue of $228.38 million during the quarter, compared to analysts’ expectations of $236.61 million. During the same period in the previous year, the firm posted $0.68 EPS. Omega Healthcare Investors’s revenue for the quarter was up 13.8% on a year-over-year basis. On average, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.24%. Omega Healthcare Investors’s payout ratio is currently 166.46%.

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.