Omega Healthcare Investors, Inc. $OHI Shares Bought by Schroder Investment Management Group

Key Points

• Schroder Investment Management Group increased its stake by 14.4% in Q3, buying 136,250 shares to hold 1,082,596 OHI shares worth about $44.98 million (≈0.37% ownership).
• Omega announced a quarterly dividend of $0.67 (annualized $2.68) representing a 5.6% yield, while the dividend payout ratio is high at 138.86%, indicating payouts exceed current earnings.
• Analyst sentiment is mixed with an average rating of "Hold" and an average price target of $47.82; six analysts rate OHI as Buy and seven as Hold, with several recent price-target increases into the mid-$40s.

Schroder Investment Management Group boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 14.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,082,596 shares of the real estate investment trust's stock after purchasing an additional 136,250 shares during the period. Schroder Investment Management Group owned approximately 0.37% of Omega Healthcare Investors worth $44,982,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Inceptionr LLC increased its holdings in shares of Omega Healthcare Investors by 49.5% in the third quarter. Inceptionr LLC now owns 23,235 shares of the real estate investment trust's stock valued at $981,000 after buying an additional 7,691 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in shares of Omega Healthcare Investors by 8.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 37,740 shares of the real estate investment trust's stock worth $1,584,000 after acquiring an additional 2,871 shares in the last quarter. Jefferies Financial Group Inc. acquired a new position in shares of Omega Healthcare Investors in the 3rd quarter worth $298,000. Dynamic Technology Lab Private Ltd grew its holdings in shares of Omega Healthcare Investors by 57.0% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 19,989 shares of the real estate investment trust's stock worth $844,000 after acquiring an additional 7,259 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Omega Healthcare Investors by 4.4% during the third quarter. Parallel Advisors LLC now owns 11,668 shares of the real estate investment trust's stock worth $493,000 after purchasing an additional 492 shares during the period. 65.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on OHI shares. Jefferies Financial Group reaffirmed a "hold" rating and set a $45.00 target price on shares of Omega Healthcare Investors in a report on Monday, December 15th. Cantor Fitzgerald lifted their price target on Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 10th. Scotiabank upped their price objective on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company a "sector perform" rating in a research note on Monday, March 2nd. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $46.00 to $48.00 and gave the company a "hold" rating in a research note on Thursday, March 5th. Finally, Royal Bank Of Canada lifted their target price on shares of Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 10th. Six analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $47.82.

Omega Healthcare Investors Trading Down 0.9%

NYSE OHI opened at $47.88 on Thursday. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $49.14. The firm's fifty day simple moving average is $45.57 and its 200-day simple moving average is $43.82. The company has a market capitalization of $14.15 billion, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.57 and a beta of 0.54.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, February 9th. Omega Healthcare Investors's dividend payout ratio is presently 138.86%.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company's core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.

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