U.S. Capital Wealth Advisors LLC Cuts Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

U.S. Capital Wealth Advisors LLC trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 31.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,271 shares of the real estate investment trust's stock after selling 26,103 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Omega Healthcare Investors were worth $2,143,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Johnson Investment Counsel Inc. boosted its position in shares of Omega Healthcare Investors by 2.3% during the 4th quarter. Johnson Investment Counsel Inc. now owns 13,147 shares of the real estate investment trust's stock worth $498,000 after acquiring an additional 295 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Omega Healthcare Investors by 5.9% during the 4th quarter. Bessemer Group Inc. now owns 5,443 shares of the real estate investment trust's stock worth $207,000 after acquiring an additional 303 shares in the last quarter. US Bancorp DE boosted its position in shares of Omega Healthcare Investors by 1.9% during the 4th quarter. US Bancorp DE now owns 16,173 shares of the real estate investment trust's stock worth $612,000 after acquiring an additional 309 shares in the last quarter. Samalin Investment Counsel LLC lifted its holdings in shares of Omega Healthcare Investors by 1.5% in the 4th quarter. Samalin Investment Counsel LLC now owns 21,582 shares of the real estate investment trust's stock valued at $817,000 after purchasing an additional 314 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its holdings in shares of Omega Healthcare Investors by 27.6% in the 4th 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 during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

NYSE:OHI traded up $0.85 during trading hours on Friday, reaching $37.50. 3,535,181 shares of the company traded hands, compared to its average volume of 2,114,391. Omega Healthcare Investors, Inc. has a 1-year low of $34.63 and a 1-year high of $44.42. The firm's 50-day moving average is $36.67 and its 200-day moving average is $37.16. 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 stock has a market cap of $10.85 billion, a P/E ratio of 23.29, a P/E/G ratio of 2.59 and a beta of 0.68.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. Omega Healthcare Investors had a return on equity of 9.98% and a net margin of 41.29%. The business had revenue of $228.38 million for the quarter, compared to analysts' expectations of $236.61 million. During the same quarter last year, the firm earned $0.68 earnings per share. The business's revenue was up 13.8% on a year-over-year basis. Equities research analysts expect 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. Investors of record on Monday, May 5th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 166.46%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Wells Fargo & Company cut their target price on Omega Healthcare Investors from $39.00 to $38.00 and set an "equal weight" rating for the company in a research note on Monday, June 2nd. Six 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.com, the stock presently has a consensus rating of "Hold" and an average price target of $41.88.

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.