California State Teachers Retirement System Has $9.17 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

California State Teachers Retirement System boosted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 242,138 shares of the real estate investment trust's stock after purchasing an additional 8,294 shares during the period. California State Teachers Retirement System owned about 0.09% of Omega Healthcare Investors worth $9,165,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cohen & Steers Inc. increased its holdings in shares of Omega Healthcare Investors by 50.8% in the fourth 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 in the last quarter. Norges Bank acquired a new position in Omega Healthcare Investors during the fourth quarter valued at approximately $110,160,000. Vanguard Group Inc. increased its stake in Omega Healthcare Investors by 5.0% in the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock valued at $1,440,646,000 after purchasing an additional 1,809,519 shares in the last quarter. Northern Trust Corp raised its position in shares of Omega Healthcare Investors by 49.4% during the fourth quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock worth $123,951,000 after purchasing an additional 1,083,326 shares during the period. Finally, Daiwa Securities Group Inc. increased its position in shares of Omega Healthcare Investors by 22.6% during 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 in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock traded up $0.30 during trading on Wednesday, reaching $37.41. The company's stock had a trading volume of 609,370 shares, compared to its average volume of 1,976,377. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business's 50-day moving average price is $37.24 and its 200-day moving average price is $37.64. Omega Healthcare Investors, Inc. has a 52 week low of $31.43 and a 52 week high of $44.42. The firm has a market cap of $10.83 billion, a PE ratio of 24.14, a P/E/G ratio of 1.09 and a beta of 0.73.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data 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. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. During the same quarter in the previous year, the firm posted $0.68 EPS. The business's revenue for the quarter was up 13.8% compared to the same quarter last year. Equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business 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. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.16%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's payout ratio is currently 166.46%.

Wall Street Analysts Forecast Growth

OHI has been the topic of a number of recent research reports. Truist Financial lifted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Wells Fargo & Company reduced their price target on Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a report on Monday. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of "Hold" and a consensus target price of $41.88.

Omega Healthcare Investors 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.