99,314 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Purchased by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 99,314 shares of the real estate investment trust's stock, valued at approximately $3,782,000.

A number of other institutional investors have also made changes to their positions in the business. Cohen & Steers Inc. boosted its stake in Omega Healthcare Investors by 50.8% during 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 purchasing an additional 8,837,218 shares during the period. Norges Bank acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $110,160,000. Vanguard Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock worth $1,440,646,000 after buying an additional 1,809,519 shares during the last quarter. Northern Trust Corp boosted its position in shares of Omega Healthcare Investors by 49.4% in the fourth quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock valued at $123,951,000 after acquiring an additional 1,083,326 shares during the period. Finally, Daiwa Securities Group Inc. grew its stake in shares of Omega Healthcare Investors by 22.6% in the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock worth $183,205,000 after acquiring an additional 890,912 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

OHI has been the subject of several research analyst reports. Wells Fargo & Company cut their target price on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a research note on Monday, June 2nd. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of "Hold" and a consensus price target of $41.88.

Omega Healthcare Investors Stock Performance

OHI traded down $0.18 during trading on Friday, reaching $36.58. 3,762,601 shares of the company's stock were exchanged, compared to its average volume of 2,080,124. Omega Healthcare Investors, Inc. has a fifty-two week low of $33.43 and a fifty-two week high of $44.42. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90. The business has a 50 day moving average price of $36.96 and a 200 day moving average price of $37.29. The company has a market capitalization of $10.58 billion, a P/E ratio of 22.72, a PEG ratio of 2.16 and a beta of 0.69.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting analysts' consensus estimates of $0.75. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The company had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. During the same period last year, the firm earned $0.68 EPS. The firm's revenue for the quarter was up 13.8% compared to the same quarter last year. As a group, analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders 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 yield of 7.33%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is 166.46%.

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.