Columbus Macro LLC Acquires Shares of 166,826 Omega Healthcare Investors, Inc. (NYSE:OHI)

Columbus Macro LLC 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 13F filing with the Securities and Exchange Commission. The institutional investor bought 166,826 shares of the real estate investment trust's stock, valued at approximately $6,353,000. Columbus Macro LLC owned approximately 0.06% of Omega Healthcare Investors as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. NBC Securities Inc. bought a new stake in shares of Omega Healthcare Investors in the first quarter valued at approximately $29,000. V Square Quantitative Management LLC raised its holdings in Omega Healthcare Investors by 44.5% in the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 434 shares in the last quarter. Loomis Sayles & Co. L P lifted its position in shares of 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 valued at $56,000 after acquiring an additional 319 shares during the period. Dunhill Financial LLC lifted its position in shares of Omega Healthcare Investors by 97.9% during the 4th quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 750 shares during the period. Finally, CoreCap Advisors LLC grew its holdings in shares of Omega Healthcare Investors by 177.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 1,009 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Wells Fargo & Company dropped their price target on Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a research note on Monday, June 2nd. Truist Financial raised their target price 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. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $41.88.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $37.01 on Monday. The business has a fifty day simple moving average of $37.16 and a 200 day simple moving average of $37.45. The company has a market cap of $10.71 billion, a P/E ratio of 23.88, a P/E/G ratio of 1.09 and a beta of 0.69. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. Omega Healthcare Investors, Inc. has a twelve month low of $32.06 and a twelve month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting the consensus estimate 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 9.71% and a net margin of 38.65%. The business's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 earnings per share. On average, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared 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 payout ratio is 166.46%.

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.

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