Dimensional Fund Advisors LP Buys 111,474 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Dimensional Fund Advisors LP boosted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,892,553 shares of the real estate investment trust's stock after purchasing an additional 111,474 shares during the period. Dimensional Fund Advisors LP owned about 1.44% of Omega Healthcare Investors worth $147,331,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its holdings in shares of Omega Healthcare Investors by 69.8% in the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock worth $5,385,000 after buying an additional 58,482 shares during the last quarter. Assetmark Inc. boosted its stake in Omega Healthcare Investors by 2.9% in the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after acquiring an additional 34,463 shares during the last quarter. Tallon Kerry Patrick purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $1,250,000. JPMorgan Chase & Co. grew its position in shares of Omega Healthcare Investors by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,995,825 shares of the real estate investment trust's stock valued at $81,230,000 after acquiring an additional 103,010 shares during the period. Finally, Advisors Capital Management LLC increased its stake in shares of Omega Healthcare Investors by 4.3% during the 4th quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock worth $28,836,000 after purchasing an additional 31,072 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on OHI. Wells Fargo & Company downgraded Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Truist Financial lifted their price objective on 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 reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $42.00.

Omega Healthcare Investors Price Performance

NYSE OHI traded up $0.80 during trading hours on Wednesday, hitting $39.03. The company had a trading volume of 2,374,749 shares, compared to its average volume of 1,874,292. The firm has a 50 day simple moving average of $37.57 and a 200 day simple moving average of $38.40. Omega Healthcare Investors, Inc. has a 52 week low of $30.26 and a 52 week high of $44.42. The firm has a market capitalization of $11.21 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.09 and a beta of 0.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. Equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 5th will be given 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 6.87%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 172.90%.

About Omega Healthcare Investors

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.