Nilsine Partners LLC Makes New Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Nilsine Partners LLC acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 41,935 shares of the real estate investment trust's stock, valued at approximately $1,597,000.

Other institutional investors also recently bought and sold shares of the company. Teacher Retirement System of Texas increased its holdings in Omega Healthcare Investors by 69.8% during the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock worth $5,385,000 after purchasing an additional 58,482 shares during the period. Assetmark Inc. increased its holdings in Omega Healthcare Investors by 2.9% during the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock worth $46,401,000 after purchasing an additional 34,463 shares during the period. Tallon Kerry Patrick purchased a new position in Omega Healthcare Investors during the 4th quarter worth $1,250,000. Advisors Capital Management LLC increased its holdings in Omega Healthcare Investors by 4.3% during the 4th quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock worth $28,836,000 after purchasing an additional 31,072 shares during the period. Finally, Cookson Peirce & Co. Inc. increased its holdings in Omega Healthcare Investors by 4.2% during the 4th quarter. Cookson Peirce & Co. Inc. now owns 368,127 shares of the real estate investment trust's stock worth $13,934,000 after purchasing an additional 14,883 shares during the period. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Down 0.1%

Shares of Omega Healthcare Investors stock traded down $0.05 during trading on Friday, reaching $36.96. The company's stock had a trading volume of 6,195,521 shares, compared to its average volume of 2,063,452. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90. The company has a market cap of $10.69 billion, a price-to-earnings ratio of 22.95, a P/E/G ratio of 2.17 and a beta of 0.69. Omega Healthcare Investors, Inc. has a 1-year low of $32.92 and a 1-year high of $44.42. The company has a 50-day simple moving average of $37.10 and a two-hundred day simple moving average of $37.36.

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, hitting analysts' consensus estimates of $0.75. The firm had revenue of $228.38 million during the quarter, compared to analysts' expectations of $236.61 million. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The business's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 EPS. As a group, 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 firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were given a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.25%. Omega Healthcare Investors's payout ratio is 166.46%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on OHI shares. Wells Fargo & Company cut their price target on Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating on the stock in a report on Monday, June 2nd. Truist Financial lifted their price target on 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 assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price 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.