Capital Investment Advisors LLC Takes Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Capital Investment Advisors LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,565 shares of the real estate investment trust's stock, valued at approximately $326,000.

Other institutional investors have also added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter worth approximately $26,000. NBC Securities Inc. acquired a new position in Omega Healthcare Investors during the 1st quarter worth approximately $29,000. Kentucky Trust Co acquired a new position in Omega Healthcare Investors during the 4th quarter worth approximately $38,000. V Square Quantitative Management LLC increased its position in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $53,000 after purchasing an additional 434 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its position in Omega Healthcare Investors by 27.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock worth $56,000 after purchasing an additional 319 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Trading Down 0.0%

OHI traded down $0.01 during trading on Friday, reaching $37.01. 2,228,705 shares of the company's stock were exchanged, compared to its average volume of 2,022,070. Omega Healthcare Investors, Inc. has a one year low of $31.89 and a one year high of $44.42. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $10.71 billion, a PE ratio of 23.88, a price-to-earnings-growth ratio of 1.09 and a beta of 0.69. The firm has a fifty day moving average price of $37.16 and a two-hundred day moving average price of $37.49.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, hitting 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 for the quarter, compared to analyst estimates of $236.61 million. During the same period in the previous year, the firm posted $0.68 EPS. The company's revenue for the quarter was up 13.8% compared to the same quarter last year. As a group, equities research 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on OHI shares. 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 for the company in a research report 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 stock a "hold" rating in a research report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average 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.