AQR Capital Management LLC Sells 217,210 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

AQR Capital Management LLC trimmed its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 28.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 539,239 shares of the real estate investment trust's stock after selling 217,210 shares during the period. AQR Capital Management LLC owned approximately 0.20% of Omega Healthcare Investors worth $20,410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors during the fourth quarter valued at approximately $30,000. Kentucky Trust Co bought a new position in Omega Healthcare Investors in the fourth quarter worth approximately $38,000. UMB Bank n.a. increased its stake in shares of Omega Healthcare Investors by 68.6% in the 4th 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 holdings in Omega Healthcare Investors by 44.5% in the 4th 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 during the period. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Price Performance

OHI traded up $0.31 during trading hours on Friday, hitting $35.86. The company's stock had a trading volume of 1,908,861 shares, compared to its average volume of 1,929,626. Omega Healthcare Investors, Inc. has a 12 month low of $30.48 and a 12 month high of $44.42. 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 business's 50-day moving average price is $37.50 and its 200-day moving average price is $38.16. The stock has a market cap of $10.30 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 1.09 and a beta of 0.73.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting analysts' consensus estimates of $0.75. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The firm's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 EPS. Sell-side 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 announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.47%. The ex-dividend date is Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Wall Street Analysts Forecast Growth

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