Aurora Private Wealth Inc. Purchases New Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Aurora Private Wealth Inc. purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 1st quarter, according to its most recent 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. Omega Healthcare Investors makes up 1.0% of Aurora Private Wealth Inc.'s holdings, making the stock its 29th largest holding.

Several other institutional investors also recently modified their holdings of OHI. Proficio Capital Partners LLC acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $443,000. US Bancorp DE increased its holdings in shares of Omega Healthcare Investors by 1.9% during the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock worth $612,000 after buying an additional 309 shares in the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Omega Healthcare Investors by 146.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,699 shares of the real estate investment trust's stock worth $64,000 after buying an additional 1,009 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Omega Healthcare Investors by 60.9% in the fourth quarter. Jones Financial Companies Lllp now owns 9,578 shares of the real estate investment trust's stock valued at $363,000 after purchasing an additional 3,624 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its holdings in Omega Healthcare Investors by 52.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,429 shares of the real estate investment trust's stock valued at $206,000 after purchasing an additional 1,878 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on OHI. Truist Financial increased their price objective on 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 decreased their price objective on Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a report on Monday, June 2nd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $41.88.

Omega Healthcare Investors Stock Up 0.4%

Shares of OHI stock traded up $0.15 on Friday, reaching $36.64. 1,153,528 shares of the company were exchanged, compared to its average volume of 2,088,042. The company has a market cap of $10.60 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 2.15 and a beta of 0.68. The company has a 50-day moving average of $36.82 and a 200-day moving average of $37.20. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. Omega Healthcare Investors, Inc. has a one year low of $33.43 and a one year high of $44.42.

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 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.75. The company had revenue of $228.38 million for the quarter, compared to analysts' expectations of $236.61 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.68 EPS. Analysts anticipate 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 declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.31%. Omega Healthcare Investors's payout ratio is 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.