IFP Advisors Inc Raises Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

IFP Advisors Inc boosted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 21.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 105,545 shares of the real estate investment trust's stock after acquiring an additional 18,905 shares during the quarter. IFP Advisors Inc's holdings in Omega Healthcare Investors were worth $4,019,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position 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 valued at $1,440,646,000 after purchasing an additional 1,809,519 shares during the last quarter. Cohen & Steers Inc. grew its position 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 worth $992,467,000 after buying an additional 8,837,218 shares during the last quarter. Geode Capital Management LLC grew its position 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 worth $262,329,000 after buying an additional 503,190 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Omega Healthcare Investors by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,892,553 shares of the real estate investment trust's stock worth $147,331,000 after buying an additional 111,474 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Omega Healthcare Investors by 49.4% in the 4th quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock worth $123,951,000 after buying an additional 1,083,326 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Up 0.3%

Shares of NYSE:OHI opened at $37.93 on Monday. Omega Healthcare Investors, Inc. has a 52-week low of $35.04 and a 52-week high of $44.42. The firm has a market capitalization of $10.98 billion, a P/E ratio of 23.56, a P/E/G ratio of 2.61 and a beta of 0.68. The stock has a 50 day moving average price of $36.89 and a 200-day moving average price of $37.16. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58.

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 for the quarter, meeting analysts' consensus estimates of $0.75. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The company had revenue of $228.38 million during the quarter, compared to analyst estimates of $236.61 million. During the same quarter last year, the company earned $0.68 EPS. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. As a group, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $38.00 to $41.00 in a research report on Monday, July 14th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $42.25.

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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