Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Sold by Vident Advisory LLC

Vident Advisory LLC cut its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 39.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,758 shares of the real estate investment trust's stock after selling 11,518 shares during the quarter. Vident Advisory LLC's holdings in Omega Healthcare Investors were worth $672,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new stake in shares of Omega Healthcare Investors during the 4th quarter valued at about $26,000. Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $38,000. UMB Bank n.a. raised its stake in shares of Omega Healthcare Investors by 68.6% during the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 454 shares during the period. V Square Quantitative Management LLC raised its stake in shares of 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 valued at $53,000 after purchasing an additional 434 shares during the period. Finally, Loomis Sayles & Co. L P lifted its position in shares of 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 purchasing an additional 319 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.6%

NYSE:OHI traded up $0.21 during mid-day trading on Thursday, reaching $36.75. The stock had a trading volume of 825,935 shares, compared to its average volume of 1,966,246. The stock's 50 day simple moving average is $37.29 and its two-hundred day simple moving average is $37.75. Omega Healthcare Investors, Inc. has a 1-year low of $30.75 and a 1-year high of $44.42. The company has a market capitalization of $10.64 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

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 analysts' consensus estimates of $0.75. The business had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The business's quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 EPS. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, May 5th were given a dividend of $0.67 per share. 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 dividend payout ratio is presently 166.46%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on OHI shares. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $41.00 to $39.00 in a research report on Thursday, March 27th. Finally, Truist Financial boosted their price target on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research note on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $42.00.

About Omega Healthcare Investors

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.