11,213 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,213 shares of the real estate investment trust's stock, valued at approximately $427,000.

A number of other institutional investors have also recently made changes to their positions in the company. Cohen & Steers Inc. lifted its holdings in shares of Omega Healthcare Investors by 50.8% in the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock valued at $992,467,000 after acquiring an additional 8,837,218 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 7.8% in the 4th quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust's stock valued at $262,329,000 after acquiring an additional 503,190 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Omega Healthcare Investors by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,892,553 shares of the real estate investment trust's stock valued at $147,331,000 after acquiring an additional 111,474 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Omega Healthcare Investors by 49.4% in the 4th quarter. Northern Trust Corp now owns 3,274,793 shares of the real estate investment trust's stock valued at $123,951,000 after acquiring an additional 1,083,326 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Omega Healthcare Investors by 6.4% in the 1st quarter. Bank of New York Mellon Corp now owns 3,123,152 shares of the real estate investment trust's stock valued at $118,930,000 after acquiring an additional 188,481 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Analysts Set New Price Targets

Separately, Wells Fargo & Company raised shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $38.00 to $41.00 in a report on Monday, July 14th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $42.25.

Omega Healthcare Investors Trading Up 2.8%

NYSE OHI traded up $1.07 during trading on Friday, hitting $39.97. The stock had a trading volume of 1,169,702 shares, compared to its average volume of 2,404,304. The company has a debt-to-equity ratio of 0.90, a quick ratio of 6.58 and a current ratio of 6.58. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of 24.80, a P/E/G ratio of 2.68 and a beta of 0.68. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $44.42. The stock has a 50 day simple moving average of $37.29 and a 200 day simple moving average of $37.24.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.32. The business had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. Omega Healthcare Investors had a net margin of 41.29% and a return on equity of 9.98%. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 earnings per share. Sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Monday, August 4th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, August 4th. Omega Healthcare Investors's payout ratio is currently 166.46%.

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.