New York State Common Retirement Fund Acquires 11,900 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

New York State Common Retirement Fund grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 6.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 202,682 shares of the real estate investment trust's stock after buying an additional 11,900 shares during the quarter. New York State Common Retirement Fund owned approximately 0.07% of Omega Healthcare Investors worth $7,718,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Optimum Investment Advisors grew its stake in shares of Omega Healthcare Investors by 8.9% during the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust's stock valued at $140,000 after purchasing an additional 300 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Omega Healthcare Investors by 5.9% during the fourth quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock valued at $207,000 after purchasing an additional 303 shares during the last quarter. Samalin Investment Counsel LLC grew its stake in shares of Omega Healthcare Investors by 1.5% during the fourth quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust's stock valued at $817,000 after purchasing an additional 314 shares during the last quarter. Values First Advisors Inc. grew its stake in shares of Omega Healthcare Investors by 1.6% during the first quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust's stock valued at $750,000 after purchasing an additional 314 shares during the last quarter. Finally, Loomis Sayles & Co. L P grew its stake in shares of Omega Healthcare Investors by 27.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock valued at $56,000 after purchasing an additional 319 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Trading Up 0.3%

OHI traded up $0.11 during mid-day trading on Monday, hitting $38.05. The stock had a trading volume of 1,713,300 shares, compared to its average volume of 2,443,557. The stock's fifty day simple moving average is $36.89 and its 200-day simple moving average is $37.16. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. The firm has a market capitalization of $11.01 billion, a price-to-earnings ratio of 23.63, a price-to-earnings-growth ratio of 2.61 and a beta of 0.68. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42.

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 the consensus estimate of $0.75. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The company had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. During the same period last year, the business posted $0.68 earnings per share. The business's revenue for the quarter was up 13.8% compared to the same quarter last year. As a group, research analysts forecast 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 issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.04%. Omega Healthcare Investors's payout ratio is 166.46%.

Analysts Set New Price Targets

Separately, Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $38.00 to $41.00 in a research note on Monday, July 14th. Five research analysts have rated the stock with a hold rating and four have given 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 $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.