23,000 Shares in Omega Healthcare Investors, Inc. $OHI Bought by Pensionfund Sabic

Key Points

• Pensionfund Sabic acquired a new stake of 23,000 shares in Omega Healthcare Investors (NYSE:OHI) during Q4, valued at approximately $1.02 million.
• Omega Healthcare pays a quarterly dividend of $0.67 (annualized $2.68) for a ~6.0% yield, though its dividend payout ratio is elevated at 138.86%.
• Analyst sentiment is a Moderate Buy with a consensus target of $47.82; several firms (UBS, Cantor Fitzgerald, Goldman Sachs, Weiss) have issued recent buy/upgraded ratings and higher price targets up to $54.00.

Pensionfund Sabic acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 23,000 shares of the real estate investment trust's stock, valued at approximately $1,020,000.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its stake in shares of Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust's stock worth $34,000 after acquiring an additional 268 shares during the period. Salem Investment Counselors Inc. acquired a new position in shares of Omega Healthcare Investors during the third quarter worth about $39,000. True Wealth Design LLC increased its stake in shares of Omega Healthcare Investors by 273.5% during the third quarter. True Wealth Design LLC now owns 1,113 shares of the real estate investment trust's stock worth $47,000 after acquiring an additional 815 shares during the period. SJS Investment Consulting Inc. raised its holdings in Omega Healthcare Investors by 1,159.0% during the third quarter. SJS Investment Consulting Inc. now owns 1,259 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 1,159 shares in the last quarter. Finally, Addison Advisors LLC purchased a new position in Omega Healthcare Investors during the third quarter worth about $59,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a "buy" rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a report on Friday, February 6th. Weiss Ratings raised Omega Healthcare Investors from a "buy (b+)" rating to a "buy (a-)" rating in a research note on Friday, March 20th. Cantor Fitzgerald lifted their price target on Omega Healthcare Investors from $50.00 to $52.00 and gave the company an "overweight" rating in a research note on Tuesday, February 10th. Jefferies Financial Group restated a "hold" rating and issued a $45.00 price target on shares of Omega Healthcare Investors in a research note on Monday, December 15th. Finally, The Goldman Sachs Group began coverage on Omega Healthcare Investors in a report on Friday, January 9th. They set a "buy" rating and a $54.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $47.82.

Omega Healthcare Investors Trading Up 0.0%

Shares of OHI opened at $44.74 on Thursday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. The firm's 50-day moving average is $45.98 and its two-hundred day moving average is $44.09. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $49.14. The firm has a market capitalization of $13.22 billion, a P/E ratio of 23.18, a PEG ratio of 1.88 and a beta of 0.54.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a $0.67 dividend. The ex-dividend date was Monday, February 9th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.0%. Omega Healthcare Investors's dividend payout ratio is currently 138.86%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

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