Nisa Investment Advisors LLC Has $3.44 Million Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Nisa Investment Advisors LLC reduced its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,194 shares of the real estate investment trust's stock after selling 26,464 shares during the quarter. Nisa Investment Advisors LLC's holdings in Omega Healthcare Investors were worth $3,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. NBC Securities Inc. bought a new position in shares of Omega Healthcare Investors in the first quarter worth approximately $29,000. Loomis Sayles & Co. L P grew 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 valued at $56,000 after purchasing an additional 319 shares during the last quarter. Dunhill Financial LLC boosted its stake in 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 purchasing an additional 750 shares during the last quarter. CoreCap Advisors LLC raised its position in Omega Healthcare Investors by 177.3% in the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after buying an additional 1,009 shares during the last quarter. Finally, Park Square Financial Group LLC purchased a new position in Omega Healthcare Investors in the 4th quarter worth about $61,000. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Down 0.1%

Shares of OHI traded down $0.04 during mid-day trading on Wednesday, reaching $37.96. The company's stock had a trading volume of 1,767,860 shares, compared to its average volume of 2,121,747. The company's 50 day moving average is $36.75 and its 200 day moving average is $37.16. The stock has a market cap of $10.98 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 2.64 and a beta of 0.68. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. Omega Healthcare Investors, Inc. has a 12-month low of $34.96 and a 12-month high of $44.42.

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 company 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 firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $0.68 EPS. Equities 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. Stockholders of record on Monday, May 5th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 7.06%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is presently 166.46%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on OHI. Wells Fargo & Company upgraded Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $38.00 to $41.00 in a research note on Monday. Truist Financial upped their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $42.25.

Omega Healthcare Investors Company Profile

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.