Allspring Global Investments Holdings LLC Boosts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Allspring Global Investments Holdings LLC lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 556.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,028,187 shares of the real estate investment trust's stock after acquiring an additional 871,472 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.36% of Omega Healthcare Investors worth $39,143,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Johnson Investment Counsel Inc. increased its position 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 buying an additional 295 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Omega Healthcare Investors by 5.9% during the 4th quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock worth $207,000 after acquiring an additional 303 shares during the period. US Bancorp DE grew its position in 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 acquiring an additional 309 shares during the period. Samalin Investment Counsel LLC increased its holdings 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 worth $817,000 after buying an additional 314 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its position in Omega Healthcare Investors by 27.6% in 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. Institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of research reports. Wells Fargo & Company lowered their price objective on 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 objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $41.88.

Omega Healthcare Investors Trading Up 0.4%

Shares of NYSE:OHI traded up $0.15 during mid-day trading on Friday, hitting $36.64. The company had a trading volume of 1,153,528 shares, compared to its average volume of 2,083,076. The firm has a fifty day moving average price of $36.84 and a 200 day moving average price of $37.22. Omega Healthcare Investors, Inc. has a one year low of $33.43 and a one year high of $44.42. The company has a market capitalization of $10.60 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 2.15 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 (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 (EPS) for the quarter, hitting the consensus estimate of $0.75. The firm had revenue of $228.38 million during 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%. The business's revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.68 EPS. As a group, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were given a dividend of $0.67 per share. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.31%. Omega Healthcare Investors's dividend payout ratio (DPR) 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.