Linden Thomas Advisory Services LLC Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Linden Thomas Advisory Services LLC increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,469 shares of the real estate investment trust’s stock after purchasing an additional 459 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Omega Healthcare Investors were worth $842,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Pacific Wealth Strategies Group Inc. increased its position in Omega Healthcare Investors by 2.4% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 48,668 shares of the real estate investment trust’s stock valued at $1,492,000 after acquiring an additional 1,148 shares during the last quarter. California Public Employees Retirement System increased its position in shares of Omega Healthcare Investors by 72.2% during the 4th quarter. California Public Employees Retirement System now owns 1,276,276 shares of the real estate investment trust’s stock valued at $39,131,000 after purchasing an additional 535,093 shares during the last quarter. Significant Wealth Partners LLC bought a new position in shares of Omega Healthcare Investors in the 4th quarter worth approximately $422,000. Rainey & Randall Investment Management Inc. boosted its holdings in shares of Omega Healthcare Investors by 19.5% in the fourth quarter. Rainey & Randall Investment Management Inc. now owns 154,886 shares of the real estate investment trust’s stock worth $4,749,000 after buying an additional 25,316 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its position in Omega Healthcare Investors by 1.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 27,345 shares of the real estate investment trust’s stock valued at $838,000 after buying an additional 422 shares during the period. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.7 %

Shares of OHI opened at $30.90 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 6.76 and a quick ratio of 6.76. The stock has a market capitalization of $7.63 billion, a price-to-earnings ratio of 31.21, a price-to-earnings-growth ratio of 10.05 and a beta of 0.91. Omega Healthcare Investors, Inc. has a 1 year low of $26.00 and a 1 year high of $34.77. The business’s 50 day simple moving average is $31.00 and its 200-day simple moving average is $31.15.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a $0.67 dividend. The ex-dividend date is Monday, April 29th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.67%. Omega Healthcare Investors’s payout ratio is currently 270.71%.

Analyst Ratings Changes

A number of research analysts recently issued reports on OHI shares. Deutsche Bank Aktiengesellschaft assumed coverage on Omega Healthcare Investors in a research note on Tuesday, January 30th. They set a “buy” rating and a $36.00 price objective for the company. Bank of America cut shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their target price for the company from $33.00 to $31.00 in a research note on Tuesday, January 16th. Citigroup upgraded Omega Healthcare Investors from a “neutral” rating to a “buy” rating and increased their price target for the stock from $32.00 to $35.00 in a research note on Friday, March 22nd. Truist Financial boosted their price objective on Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research report on Tuesday, April 2nd. Finally, Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $31.00 to $35.00 in a research report on Monday, February 26th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Hold” and a consensus target price of $33.58.

Omega Healthcare Investors Company Profile

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.