Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Bank of Montreal Can

Bank of Montreal Can decreased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 71.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 77,450 shares of the real estate investment trust's stock after selling 189,944 shares during the quarter. Bank of Montreal Can's holdings in Omega Healthcare Investors were worth $2,931,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of OHI. Stonebridge Financial Group LLC bought a new stake in shares of Omega Healthcare Investors in the 4th quarter worth about $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $30,000. Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors in the fourth quarter worth approximately $38,000. UMB Bank n.a. boosted its holdings in Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 454 shares during the period. Finally, V Square Quantitative Management LLC grew its position 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 valued at $53,000 after acquiring an additional 434 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Performance

NYSE:OHI traded down $0.13 during mid-day trading on Monday, hitting $38.44. The company's stock had a trading volume of 130,388 shares, compared to its average volume of 2,223,670. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The stock has a market cap of $11.04 billion, a price-to-earnings ratio of 24.79, a PEG ratio of 1.09 and a beta of 0.75. The business's fifty day moving average is $37.24 and its two-hundred day moving average is $38.47.

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%. Analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 6.97%. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Analyst Upgrades and Downgrades

OHI has been the topic of several research reports. Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Truist Financial boosted their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of "Hold" and a consensus price target of $42.00.

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.