Lido Advisors LLC Buys Shares of 7,932 Omega Healthcare Investors, Inc. (NYSE:OHI)

Lido Advisors LLC purchased a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,932 shares of the real estate investment trust's stock, valued at approximately $300,000.

Several other large investors have also modified their holdings of the stock. World Investment Advisors LLC purchased a new position in shares of Omega Healthcare Investors in the third quarter valued at $220,000. Tidal Investments LLC boosted its stake in shares of Omega Healthcare Investors by 158.8% during the third quarter. Tidal Investments LLC now owns 46,159 shares of the real estate investment trust's stock valued at $1,879,000 after acquiring an additional 28,326 shares during the last quarter. Franklin Resources Inc. boosted its stake in shares of Omega Healthcare Investors by 441.4% during the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust's stock valued at $17,177,000 after acquiring an additional 350,570 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Omega Healthcare Investors by 14.4% during the fourth quarter. GAMMA Investing LLC now owns 4,004 shares of the real estate investment trust's stock valued at $152,000 after acquiring an additional 504 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new stake in shares of Omega Healthcare Investors during the fourth quarter valued at $329,000. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.9%

Shares of Omega Healthcare Investors stock traded up $0.31 on Friday, hitting $35.86. 1,908,861 shares of the company's stock traded hands, compared to its average volume of 1,929,626. The stock has a market cap of $10.38 billion, a P/E ratio of 23.14, a PEG ratio of 1.09 and a beta of 0.73. 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 50-day moving average is $37.50 and its 200 day moving average is $38.14. Omega Healthcare Investors, Inc. has a 52-week low of $30.48 and a 52-week high of $44.42.

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

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a yield of 7.47%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 166.46%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on OHI. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Truist Financial raised 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. Finally, Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $41.00 to $39.00 in a research note on Thursday, March 27th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors has an average rating of "Hold" and an average target price of $42.00.

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.