MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 5.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 945,877 shares of the real estate investment trust's stock after buying an additional 45,978 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.35% of Omega Healthcare Investors worth $35,801,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in OHI. Wealth Enhancement Advisory Services LLC raised its position in shares of Omega Healthcare Investors by 0.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 50,975 shares of the real estate investment trust's stock valued at $2,075,000 after purchasing an additional 325 shares during the period. EWG Elevate Inc. purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth $202,000. Brookstone Capital Management purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth $217,000. Greenfield Savings Bank grew its stake in shares of Omega Healthcare Investors by 27.9% in the 4th quarter. Greenfield Savings Bank now owns 12,837 shares of the real estate investment trust's stock worth $486,000 after buying an additional 2,798 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Omega Healthcare Investors by 1.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 21,971 shares of the real estate investment trust's stock worth $832,000 after acquiring an additional 363 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Performance

NYSE:OHI traded up $0.67 during trading hours on Friday, hitting $37.02. 1,925,492 shares of the company were exchanged, compared to its average volume of 1,952,559. The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.09 and a beta of 0.73. Omega Healthcare Investors, Inc. has a 52-week low of $30.48 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The company's 50 day moving average price is $37.43 and its 200-day moving average price is $38.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting the consensus estimate of $0.75. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. The business had revenue of $228.38 million during the quarter, compared to analysts' expectations of $236.61 million. During the same period in the previous year, the business posted $0.68 EPS. The business's quarterly revenue was up 13.8% compared to the same quarter last year. As a group, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current 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 paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.24%. The ex-dividend date of this dividend was Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

Analyst Ratings Changes

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