Asset Management One Co. Ltd. Acquires 24,640 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Asset Management One Co. Ltd. raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 5.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 514,967 shares of the real estate investment trust's stock after acquiring an additional 24,640 shares during the period. Asset Management One Co. Ltd. owned approximately 0.18% of Omega Healthcare Investors worth $19,610,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of OHI. Johnson Investment Counsel Inc. lifted its stake in Omega Healthcare Investors by 2.3% during the fourth quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock worth $498,000 after purchasing an additional 295 shares during the period. Bessemer Group Inc. increased its holdings in shares of Omega Healthcare Investors by 5.9% in 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 in the last quarter. US Bancorp DE increased its holdings in shares of Omega Healthcare Investors by 1.9% in the fourth quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock valued at $612,000 after purchasing an additional 309 shares in the last quarter. Samalin Investment Counsel LLC increased its holdings in shares of Omega Healthcare Investors by 1.5% in 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 in the last quarter. Finally, Loomis Sayles & Co. L P increased its holdings in shares of Omega Healthcare Investors by 27.6% in 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 in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Omega Healthcare Investors Stock Down 0.5%

OHI stock traded down $0.18 during midday trading on Friday, hitting $36.58. The company's stock had a trading volume of 3,762,601 shares, compared to its average volume of 2,075,971. 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 twelve month low of $33.43 and a twelve month high of $44.42. The company's fifty day moving average price is $36.96 and its 200 day moving average price is $37.27. The stock has a market capitalization of $10.58 billion, a P/E ratio of 22.72, a PEG ratio of 2.15 and a beta of 0.69.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. Omega Healthcare Investors's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 EPS. As a group, equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.33%. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Omega Healthcare Investors 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.