Deutsche Bank AG Sells 997,732 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Deutsche Bank AG lowered its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 81.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 231,694 shares of the real estate investment trust's stock after selling 997,732 shares during the quarter. Deutsche Bank AG owned 0.09% of Omega Healthcare Investors worth $8,770,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Omega Healthcare Investors by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock valued at $1,440,646,000 after acquiring an additional 1,809,519 shares during the last quarter. Cohen & Steers Inc. grew its position in Omega Healthcare Investors by 50.8% in the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock valued at $992,467,000 after acquiring an additional 8,837,218 shares during the last quarter. Geode Capital Management LLC grew its position in Omega Healthcare Investors by 7.8% in the 4th quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust's stock valued at $262,329,000 after acquiring an additional 503,190 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock valued at $183,205,000 after acquiring an additional 890,912 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Omega Healthcare Investors by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,986,226 shares of the real estate investment trust's stock valued at $150,879,000 after acquiring an additional 155,924 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

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

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $37.02 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $30.48 and a twelve month high of $44.42. The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 23.88, a P/E/G ratio of 1.09 and a beta of 0.73. The stock has a fifty day simple moving average of $37.43 and a two-hundred day simple moving average of $38.00. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings data 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 firm 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 quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 EPS. On average, analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 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.

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