Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. NBC Securities Inc. purchased a new position in Omega Healthcare Investors during the 1st quarter worth approximately $29,000. Loomis Sayles & Co. L P raised 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 worth $56,000 after buying an additional 319 shares during the last quarter. Dunhill Financial LLC raised its position 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 worth $57,000 after buying an additional 750 shares during the last quarter. CoreCap Advisors LLC raised its position in 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 buying an additional 1,009 shares during the last quarter. Finally, Park Square Financial Group LLC purchased a new position in Omega Healthcare Investors during the 4th quarter worth approximately $61,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

OHI has been the subject of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a research report on Monday, June 2nd. Truist Financial raised their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target of $41.88.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded up $0.85 during midday trading on Friday, reaching $37.50. 3,535,181 shares of the stock were exchanged, compared to its average volume of 2,114,391. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.59 and a beta of 0.68. Omega Healthcare Investors, Inc. has a twelve month low of $34.63 and a twelve month high of $44.42. The firm has a 50-day simple moving average of $36.67 and a two-hundred day simple moving average of $37.15. The company has a quick ratio of 6.58, a current ratio of 6.58 and a debt-to-equity ratio of 0.90.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, hitting analysts' consensus estimates of $0.75. The business had revenue of $228.38 million for the quarter, compared to analysts' expectations of $236.61 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $0.68 EPS. As a group, analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were paid a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a yield of 7.15%. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

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.