Two Sigma Investments LP Acquires 405,999 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Two Sigma Investments LP increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 548.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 480,040 shares of the real estate investment trust's stock after acquiring an additional 405,999 shares during the quarter. Two Sigma Investments LP owned about 0.18% of Omega Healthcare Investors worth $18,170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Snowden Capital Advisors LLC lifted its stake in Omega Healthcare Investors by 13.3% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,713 shares of the real estate investment trust's stock worth $254,000 after acquiring an additional 786 shares during the period. ProShare Advisors LLC lifted its stake in Omega Healthcare Investors by 12.4% in the fourth quarter. ProShare Advisors LLC now owns 12,630 shares of the real estate investment trust's stock worth $478,000 after acquiring an additional 1,390 shares during the period. Quantinno Capital Management LP lifted its stake in Omega Healthcare Investors by 40.1% in the fourth quarter. Quantinno Capital Management LP now owns 149,209 shares of the real estate investment trust's stock worth $5,648,000 after acquiring an additional 42,745 shares during the period. Nissay Asset Management Corp Japan ADV lifted its stake in Omega Healthcare Investors by 8.3% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 39,116 shares of the real estate investment trust's stock worth $1,475,000 after acquiring an additional 2,982 shares during the period. Finally, Nomura Holdings Inc. purchased a new stake in Omega Healthcare Investors in the fourth quarter worth $2,465,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Down 1.2%

Shares of NYSE:OHI traded down $0.43 on Wednesday, hitting $36.43. 252,410 shares of the company traded hands, compared to its average volume of 1,961,089. Omega Healthcare Investors, Inc. has a 52 week low of $30.75 and a 52 week high of $44.42. 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 stock has a 50 day simple moving average of $37.31 and a 200-day simple moving average of $37.76. The company has a market cap of $10.54 billion, a PE ratio of 23.50, a PEG ratio of 1.09 and a beta of 0.73.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share for the quarter, meeting the consensus estimate 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 period last year, the company earned $0.68 earnings per share. The company's revenue was up 13.8% on a year-over-year basis. As a group, research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, May 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.36%. Omega Healthcare Investors's payout ratio is presently 166.46%.

Analyst Upgrades and Downgrades

OHI has been the subject of a number of research analyst reports. Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Truist Financial raised their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a research report on Tuesday, March 18th. Finally, JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target 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.