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

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

A number of other hedge funds and other institutional investors have also made changes to their positions in OHI. Cohen & Steers Inc. raised its holdings in shares of Omega Healthcare Investors by 50.8% during the fourth quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock worth $992,467,000 after acquiring an additional 8,837,218 shares during the period. Norges Bank acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter worth $110,160,000. Vanguard Group Inc. raised its holdings in shares of Omega Healthcare Investors by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock worth $1,440,646,000 after acquiring an additional 1,809,519 shares during the period. Northern Trust Corp raised its holdings in shares of Omega Healthcare Investors by 49.4% during the fourth quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock worth $123,951,000 after acquiring an additional 1,083,326 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Omega Healthcare Investors by 22.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock worth $183,205,000 after acquiring an additional 890,912 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

OHI stock opened at $36.96 on Monday. The company has a fifty day moving average price of $37.10 and a 200-day moving average price of $37.34. The company has a market capitalization of $10.69 billion, a P/E ratio of 22.95, a PEG ratio of 2.17 and a beta of 0.69. Omega Healthcare Investors, Inc. has a 52-week low of $32.92 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly 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 firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 earnings per share. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed 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 7.25%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on OHI. Truist Financial lifted their price target 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 lowered their price target on shares of Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Monday, June 2nd. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Omega Healthcare Investors currently has an average rating of "Hold" and a consensus price target of $41.88.

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.

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