Omega Healthcare Investors, Inc. (NYSE:OHI) Stock Position Decreased by Boothbay Fund Management LLC

Boothbay Fund Management LLC reduced its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 95.7% in the 4th quarter, according to the company in its most recent 13F filing with the 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the fourth quarter worth $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $30,000. Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors in the fourth quarter valued at about $38,000. UMB Bank n.a. increased its position in 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 during the last quarter. Finally, V Square Quantitative Management LLC boosted 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 valued at $53,000 after purchasing an additional 434 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Trading Down 0.7 %

Shares of OHI stock traded down $0.24 during mid-day trading on Wednesday, hitting $35.66. 4,816,357 shares of the company's stock were exchanged, compared to its average volume of 1,915,788. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 1.09 and a beta of 0.73. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a fifty-two week low of $30.48 and a fifty-two week high of $44.42. The stock has a 50-day simple moving average of $37.59 and a two-hundred day simple moving average of $38.28.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. The company had revenue of $228.38 million during the quarter, compared to analysts' expectations of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The firm's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 EPS. Equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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 given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.52%. The ex-dividend date is Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Truist Financial raised 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. Finally, JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $42.00.

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.