Aurora Private Wealth Inc. Invests $3.78 Million in Omega Healthcare Investors, Inc. (NYSE:OHI)

Aurora Private Wealth Inc. bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 99,314 shares of the real estate investment trust's stock, valued at approximately $3,782,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new position in shares of Omega Healthcare Investors in the first quarter valued at about $29,000. Loomis Sayles & Co. L P boosted its position in Omega Healthcare Investors by 27.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 319 shares during the last quarter. Dunhill Financial LLC boosted its position in Omega Healthcare Investors by 97.9% in the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after buying an additional 750 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Omega Healthcare Investors by 177.3% in the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after buying an additional 1,009 shares during the period. Finally, Park Square Financial Group LLC purchased a new position in Omega Healthcare Investors during the 4th quarter worth approximately $61,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Down 1.1%

Shares of Omega Healthcare Investors stock traded down $0.42 during trading on Wednesday, hitting $36.69. 2,815,221 shares of the stock were exchanged, compared to its average volume of 2,068,351. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. The firm's 50-day moving average price is $37.06 and its 200 day moving average price is $37.33. The stock has a market cap of $10.62 billion, a price-to-earnings ratio of 22.79, a price-to-earnings-growth ratio of 2.19 and a beta of 0.69. Omega Healthcare Investors, Inc. has a 12-month low of $32.92 and a 12-month high of $44.42.

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

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were paid a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.30%. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 166.46%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. 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 report on Tuesday, March 18th. Wells Fargo & Company dropped their target price on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Monday, June 2nd. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $41.88.

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.