Edgestream Partners L.P. Acquires 78,124 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Edgestream Partners L.P. increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 46.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 247,124 shares of the real estate investment trust's stock after purchasing an additional 78,124 shares during the period. Edgestream Partners L.P. owned approximately 0.09% of Omega Healthcare Investors worth $9,410,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Teacher Retirement System of Texas boosted its stake in shares of 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 buying an additional 58,482 shares during the last quarter. PFG Investments LLC raised its holdings in shares of Omega Healthcare Investors by 20.4% in the 1st quarter. PFG Investments LLC now owns 70,762 shares of the real estate investment trust's stock valued at $2,695,000 after purchasing an additional 11,970 shares during the period. Advisors Capital Management LLC raised its holdings in shares of Omega Healthcare Investors by 4.3% in the 4th quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after purchasing an additional 31,072 shares during the period. Columbus Macro LLC bought a new stake in shares of Omega Healthcare Investors in the 1st quarter valued at about $6,353,000. Finally, GAMMA Investing LLC raised its holdings in shares of Omega Healthcare Investors by 4,248.2% in the 1st quarter. GAMMA Investing LLC now owns 174,102 shares of the real estate investment trust's stock valued at $6,630,000 after purchasing an additional 170,098 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Trading Down 0.9%

Shares of OHI stock traded down $0.35 during trading hours on Tuesday, hitting $38.00. 2,375,285 shares of the company's stock traded hands, compared to its average volume of 2,123,163. The stock has a market cap of $11.00 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.68. 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, Inc. has a 12 month low of $34.96 and a 12 month high of $44.42. The stock's 50 day simple moving average is $36.71 and its 200 day simple moving average is $37.15.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.75. The business 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced 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. This represents a $2.68 annualized dividend and a dividend yield of 7.05%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's payout ratio is presently 166.46%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Truist Financial increased their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Wells Fargo & Company raised Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $38.00 to $41.00 in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of "Hold" and an average price target of $42.25.

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.