RFG Advisory LLC Takes $1.16 Million Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

RFG Advisory LLC bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,479 shares of the real estate investment trust's stock, valued at approximately $1,161,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC bought a new position in Omega Healthcare Investors during the fourth quarter worth $26,000. NBC Securities Inc. bought a new position in Omega Healthcare Investors during the first quarter worth $29,000. Kentucky Trust Co bought a new position in Omega Healthcare Investors during the fourth quarter worth $38,000. V Square Quantitative Management LLC increased its position in Omega Healthcare Investors by 44.5% during the fourth quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 434 shares during the period. Finally, Loomis Sayles & Co. L P increased its position in Omega Healthcare Investors by 27.6% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,475 shares of the real estate investment trust's stock worth $56,000 after acquiring an additional 319 shares during the period. Institutional investors own 65.25% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on OHI. Truist Financial lifted their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research note on Tuesday, March 18th. Wells Fargo & Company decreased 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's stock. According to data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of "Hold" and a consensus target price of $41.88.

Omega Healthcare Investors Stock Down 1.8%

Shares of OHI traded down $0.66 on Monday, hitting $36.77. The company's stock had a trading volume of 3,044,360 shares, compared to its average volume of 2,007,357. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The firm's fifty day moving average price is $37.20 and its 200-day moving average price is $37.57. Omega Healthcare Investors, Inc. has a fifty-two week low of $31.43 and a fifty-two week high of $44.42. The firm has a market capitalization of $10.64 billion, a price-to-earnings ratio of 23.72, a P/E/G ratio of 1.09 and a beta of 0.69.

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 for the quarter, hitting analysts' consensus estimates of $0.75. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. During the same quarter in the prior year, the firm posted $0.68 EPS. The business's revenue was up 13.8% on a year-over-year basis. On average, equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.29%. The ex-dividend date was Monday, May 5th. Omega Healthcare Investors's payout ratio is currently 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.