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

Aurora Private Wealth Inc. bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 99,314 shares of the real estate investment trust's stock, valued at approximately $3,782,000. Omega Healthcare Investors comprises about 1.0% of Aurora Private Wealth Inc.'s holdings, making the stock its 29th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Omega Healthcare Investors by 5.0% during the 4th 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 period. Cohen & Steers Inc. boosted its stake in shares of 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 purchasing an additional 8,837,218 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 503,190 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Omega Healthcare Investors by 22.6% during 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 period. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Omega Healthcare Investors by 4.1% during 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 period. Institutional investors own 65.25% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on OHI. Truist Financial boosted their target price 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. Wells Fargo & Company lowered their price objective on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating on the stock in a report on Monday, June 2nd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Hold" and a consensus target price of $41.88.

Omega Healthcare Investors Price Performance

Shares of OHI stock traded down $0.19 during trading hours on Monday, reaching $36.48. The stock had a trading volume of 2,138,247 shares, compared to its average volume of 2,088,243. The stock's fifty day simple moving average is $36.82 and its 200 day simple moving average is $37.20. The company has a current ratio of 6.58, a quick ratio of 6.58 and a debt-to-equity ratio of 0.90. Omega Healthcare Investors, Inc. has a 12 month low of $33.43 and a 12 month high of $44.42. The firm has a market capitalization of $10.56 billion, a PE ratio of 22.66, a PEG ratio of 2.15 and a beta of 0.68.

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

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Omega Healthcare Investors Company 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.