Omega Healthcare Investors, Inc. (NYSE:OHI) Position Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 9.6% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 663,890 shares of the real estate investment trust's stock after buying an additional 58,198 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.27% of Omega Healthcare Investors worth $20,355,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. CreativeOne Wealth LLC raised its position in shares of Omega Healthcare Investors by 3.9% during the second quarter. CreativeOne Wealth LLC now owns 9,530 shares of the real estate investment trust's stock valued at $292,000 after buying an additional 356 shares during the last quarter. Belpointe Asset Management LLC raised its position in shares of Omega Healthcare Investors by 2.5% during the first quarter. Belpointe Asset Management LLC now owns 14,406 shares of the real estate investment trust's stock valued at $395,000 after buying an additional 356 shares during the last quarter. Choreo LLC raised its position in shares of Omega Healthcare Investors by 3.5% during the third quarter. Choreo LLC now owns 11,368 shares of the real estate investment trust's stock valued at $377,000 after buying an additional 381 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Omega Healthcare Investors by 3.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 12,500 shares of the real estate investment trust's stock valued at $369,000 after buying an additional 405 shares during the last quarter. Finally, Mckinley Capital Management LLC raised its position in shares of Omega Healthcare Investors by 1.1% during the third quarter. Mckinley Capital Management LLC now owns 40,090 shares of the real estate investment trust's stock valued at $1,329,000 after buying an additional 423 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Citigroup raised shares of Omega Healthcare Investors from a "neutral" rating to a "buy" rating and upped their price objective for the company from $32.00 to $35.00 in a research report on Friday, March 22nd. BNP Paribas raised shares of Omega Healthcare Investors from an "underperform" rating to a "neutral" rating and set a $30.00 price target for the company in a research report on Thursday, February 8th. Bank of America lowered shares of Omega Healthcare Investors from a "buy" rating to a "neutral" rating and dropped their price target for the stock from $33.00 to $31.00 in a research report on Tuesday, January 16th. Mizuho dropped their price target on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, January 3rd. Finally, 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 stock from $31.00 to $35.00 in a research report on Monday, February 26th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target of $33.58.

Omega Healthcare Investors Stock Down 3.3 %

Shares of NYSE:OHI traded down $1.05 during midday trading on Wednesday, reaching $30.81. 1,260,071 shares of the company were exchanged, compared to its average volume of 1,807,067. Omega Healthcare Investors, Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $34.77. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35. The stock has a fifty day simple moving average of $30.83 and a two-hundred day simple moving average of $31.33. The firm has a market cap of $7.56 billion, a PE ratio of 31.12, a P/E/G ratio of 10.48 and a beta of 0.91.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Monday, February 5th were given a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $2.68 dividend on an annualized basis and a yield of 8.70%. This is an increase from Omega Healthcare Investors's previous quarterly dividend of $0.18. Omega Healthcare Investors's dividend payout ratio (DPR) is 270.71%.

About Omega Healthcare Investors

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.