Omega Healthcare Investors, Inc. $OHI Shares Purchased by Metis Global Partners LLC

Metis Global Partners LLC increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 36.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,227 shares of the real estate investment trust’s stock after purchasing an additional 17,279 shares during the period. Metis Global Partners LLC’s holdings in Omega Healthcare Investors were worth $2,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Omega Healthcare Investors in the second quarter worth $26,000. Smartleaf Asset Management LLC grew its holdings in shares of Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 943 shares during the period. Salem Investment Counselors Inc. purchased a new position in Omega Healthcare Investors in the 3rd quarter worth $39,000. Finally, Bayforest Capital Ltd raised its stake in Omega Healthcare Investors by 395.2% in the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 901 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 0.8%

Shares of NYSE:OHI opened at $47.41 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $47.94. The company has a market capitalization of $14.01 billion, a PE ratio of 24.57, a PEG ratio of 1.53 and a beta of 0.57. The business has a 50 day moving average of $44.46 and a two-hundred day moving average of $42.94. The company has a current ratio of 5.04, a quick ratio of 7.11 and a debt-to-equity ratio of 0.78.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 9th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a yield of 5.7%. Omega Healthcare Investors’s dividend payout ratio is 138.86%.

Analysts Set New Price Targets

Several analysts have weighed in on OHI shares. The Goldman Sachs Group began coverage on Omega Healthcare Investors in a research note on Friday, January 9th. They set a “buy” rating and a $54.00 price target on the stock. Scotiabank upped their target price on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Royal Bank Of Canada raised their price target on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Jefferies Financial Group restated a “hold” rating and set a $45.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, December 15th. Finally, Cantor Fitzgerald increased their price objective on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.36.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.