ORG Partners LLC Sells 11,387 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

ORG Partners LLC lessened its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 92.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 868 shares of the real estate investment trust's stock after selling 11,387 shares during the quarter. ORG Partners LLC's holdings in Omega Healthcare Investors were worth $33,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. bought a new position in shares of Omega Healthcare Investors during the 1st quarter worth approximately $29,000. Loomis Sayles & Co. L P grew its stake in 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. Dunhill Financial LLC increased its position in shares of 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 purchasing an additional 750 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of 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 purchasing an additional 1,009 shares during the last quarter. Finally, Park Square Financial Group LLC bought a new stake in shares of Omega Healthcare Investors during the 4th quarter worth approximately $61,000. Institutional investors own 65.25% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on OHI. Wells Fargo & Company decreased their price objective 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 boosted their price target on 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $41.88.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock traded up $0.09 during trading hours on Thursday, hitting $36.73. The company had a trading volume of 1,955,784 shares, compared to its average volume of 2,071,242. The firm has a 50-day moving average of $37.03 and a 200 day moving average of $37.32. The company has a debt-to-equity ratio of 0.90, a current ratio of 6.58 and a quick ratio of 6.58. The firm has a market cap of $10.63 billion, a PE ratio of 22.82, a PEG ratio of 2.16 and a beta of 0.69. Omega Healthcare Investors, Inc. has a one year low of $33.43 and a one year high of $44.42.

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 EPS for the quarter, meeting the consensus estimate of $0.75. The company had revenue of $228.38 million for the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.68 earnings per share. On average, sell-side analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

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 $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.30%. Omega Healthcare Investors's payout ratio is presently 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.