Axa S.A. Purchases 40,706 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

AXA S.A. grew its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 16.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 287,770 shares of the real estate investment trust's stock after purchasing an additional 40,706 shares during the quarter. AXA S.A. owned about 0.11% of Omega Healthcare Investors worth $10,892,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Johnson Investment Counsel Inc. raised its stake in Omega Healthcare Investors by 2.3% during the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock worth $498,000 after buying an additional 295 shares during the period. Bessemer Group Inc. raised its stake in shares of Omega Healthcare Investors by 5.9% in the 4th quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock valued at $207,000 after purchasing an additional 303 shares during the period. US Bancorp DE raised its stake in shares of Omega Healthcare Investors by 1.9% in the 4th quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock valued at $612,000 after purchasing an additional 309 shares during the period. Samalin Investment Counsel LLC raised its stake in shares of Omega Healthcare Investors by 1.5% in the 4th quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust's stock valued at $817,000 after purchasing an additional 314 shares during the period. Finally, Loomis Sayles & Co. L P raised its stake in shares of Omega Healthcare Investors by 27.6% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock valued at $56,000 after purchasing an additional 319 shares during the period. Institutional investors and hedge funds own 65.25% of the company's stock.

Analyst Ratings Changes

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

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock traded up $0.31 during midday trading on Friday, reaching $35.86. 1,908,861 shares of the company's stock were exchanged, compared to its average volume of 1,929,626. Omega Healthcare Investors, Inc. has a 52 week low of $30.48 and a 52 week high of $44.42. The stock's 50-day simple moving average is $37.50 and its 200 day simple moving average is $38.14. 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 firm has a market cap of $10.38 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 earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.75. The firm had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The business's revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. On average, 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 disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.47%. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Omega Healthcare Investors Company 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.