Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 149,209 shares of the real estate investment trust's stock after purchasing an additional 42,745 shares during the quarter. Quantinno Capital Management LP owned 0.06% of Omega Healthcare Investors worth $5,648,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in OHI. Teacher Retirement System of Texas lifted its holdings in shares of Omega Healthcare Investors by 69.8% in the 4th quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock valued at $5,385,000 after buying an additional 58,482 shares during the period. Assetmark Inc. raised its position in Omega Healthcare Investors by 2.9% during the fourth quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after acquiring an additional 34,463 shares in the last quarter. Tallon Kerry Patrick acquired a new position in Omega Healthcare Investors in the fourth quarter valued at approximately $1,250,000. Advisors Capital Management LLC lifted its holdings in Omega Healthcare Investors by 4.3% in the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after acquiring an additional 31,072 shares during the period. Finally, Cookson Peirce & Co. Inc. boosted its position in Omega Healthcare Investors by 4.2% in the 4th quarter. Cookson Peirce & Co. Inc. now owns 368,127 shares of the real estate investment trust's stock worth $13,934,000 after purchasing an additional 14,883 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Price Performance

NYSE:OHI traded up $0.08 during trading hours on Friday, reaching $36.08. 344,020 shares of the company were exchanged, compared to its average volume of 1,956,938. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm has a market cap of $10.44 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. Omega Healthcare Investors, Inc. has a twelve month low of $30.75 and a twelve month high of $44.42. The stock's 50-day moving average is $37.40 and its 200-day moving average is $37.87.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced 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. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The business had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. During the same quarter last year, the business earned $0.68 earnings per share. The company's revenue for the quarter was up 13.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, May 5th were issued 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 7.43%. Omega Healthcare Investors's payout ratio is currently 166.46%.

Wall Street Analysts Forecast Growth

OHI has been the subject of several recent research reports. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $41.00 to $39.00 in a report on Thursday, March 27th. Truist Financial lifted their price objective 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. Finally, JMP Securities reiterated a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $42.00.

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.