MetLife Investment Management LLC Has $6.06 Million Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

MetLife Investment Management LLC raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 13.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,094 shares of the real estate investment trust's stock after purchasing an additional 19,200 shares during the period. MetLife Investment Management LLC owned 0.06% of Omega Healthcare Investors worth $6,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Teacher Retirement System of Texas grew its stake in shares of Omega Healthcare Investors by 69.8% in the fourth quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust's stock worth $5,385,000 after purchasing an additional 58,482 shares in the last quarter. Assetmark Inc. boosted its stake in Omega Healthcare Investors by 2.9% during the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust's stock valued at $46,401,000 after purchasing an additional 34,463 shares in the last quarter. Tallon Kerry Patrick acquired a new position in shares of Omega Healthcare Investors during the 4th quarter valued at $1,250,000. JPMorgan Chase & Co. raised its stake in shares of Omega Healthcare Investors by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,995,825 shares of the real estate investment trust's stock worth $81,230,000 after buying an additional 103,010 shares in the last quarter. Finally, Advisors Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 4.3% in the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust's stock valued at $28,836,000 after buying an additional 31,072 shares during the period. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Trading Up 0.3 %

Shares of NYSE:OHI traded up $0.13 during mid-day trading on Monday, hitting $37.87. The stock had a trading volume of 286,534 shares, compared to its average volume of 1,861,146. The company's 50 day moving average is $37.42 and its 200-day moving average is $38.41. Omega Healthcare Investors, Inc. has a 12-month low of $30.26 and a 12-month high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market cap of $10.87 billion, a PE ratio of 24.45, a P/E/G ratio of 1.09 and a beta of 0.75.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be issued a $0.67 dividend. The ex-dividend date is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.08%. Omega Healthcare Investors's dividend payout ratio is 172.90%.

Analyst Ratings Changes

A number of research analysts recently issued reports on OHI shares. JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Truist Financial lifted their price objective on shares of 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 shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price 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.