Alpha DNA Investment Management LLC Takes $454,000 Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Alpha DNA Investment Management LLC bought a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,991 shares of the real estate investment trust's stock, valued at approximately $454,000.

Other hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of Omega Healthcare Investors during the 4th quarter valued at $26,000. Grove Bank & Trust purchased a new position in shares of Omega Healthcare Investors in the fourth quarter valued at about $30,000. Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors in the fourth quarter worth about $38,000. UMB Bank n.a. grew its position in shares of 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 raised its stake in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 434 shares during the period. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI traded up $0.02 on Thursday, reaching $38.04. The company's stock had a trading volume of 872,085 shares, compared to its average volume of 2,245,535. The company has a 50-day simple moving average of $37.35 and a 200 day simple moving average of $38.45. Omega Healthcare Investors, Inc. has a 52-week low of $30.26 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market cap of $10.92 billion, a P/E ratio of 24.54, a PEG ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping 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%. As a group, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.05%. Omega Healthcare Investors's payout ratio is 172.90%.

Analyst Ratings Changes

A number of brokerages have issued reports on OHI. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial raised their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $42.00.

About Omega Healthcare Investors

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.