Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Boothbay Fund Management LLC

Boothbay Fund Management LLC decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 95.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,638 shares of the real estate investment trust's stock after selling 126,890 shares during the quarter. Boothbay Fund Management LLC's holdings in Omega Healthcare Investors were worth $213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Stonebridge Financial Group LLC purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at about $38,000. UMB Bank n.a. lifted its position in Omega Healthcare Investors by 68.6% in the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock worth $42,000 after buying an additional 454 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its stake in shares of Omega Healthcare Investors by 44.5% during the fourth quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 434 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

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

Omega Healthcare Investors Price Performance

Shares of OHI stock traded up $0.30 during midday trading on Friday, reaching $35.85. 596,448 shares of the company traded hands, compared to its average volume of 1,918,828. The firm's 50 day simple moving average is $37.53 and its two-hundred day simple moving average is $38.22. The firm has a market cap of $10.29 billion, a PE ratio of 23.13, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. Omega Healthcare Investors, Inc. has a 1-year low of $30.48 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.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, hitting analysts' consensus estimates of $0.75. The company had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The business's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 EPS. On average, equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 5th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.48%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Omega Healthcare Investors 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.