31,041 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Purchased by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 31,041 shares of the real estate investment trust's stock, valued at approximately $952,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Jump Financial LLC grew its position in shares of Omega Healthcare Investors by 547.8% in the 3rd quarter. Jump Financial LLC now owns 82,311 shares of the real estate investment trust's stock worth $2,729,000 after buying an additional 69,605 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Omega Healthcare Investors by 9.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 663,890 shares of the real estate investment trust's stock worth $20,355,000 after purchasing an additional 58,198 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Omega Healthcare Investors by 0.9% in the 4th quarter. State of Alaska Department of Revenue now owns 142,445 shares of the real estate investment trust's stock worth $4,367,000 after purchasing an additional 1,232 shares in the last quarter. Vanguard Group Inc. lifted its stake in Omega Healthcare Investors by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust's stock valued at $1,156,219,000 after acquiring an additional 1,003,927 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Omega Healthcare Investors by 6.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 155,078 shares of the real estate investment trust's stock valued at $4,755,000 after purchasing an additional 9,473 shares during the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

OHI has been the subject of several research reports. Mizuho reduced 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. Truist Financial lifted their target price on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a "hold" rating in a research note on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Omega Healthcare Investors in a research note on Tuesday, January 30th. They set a "buy" rating and a $36.00 target price on the stock. Citigroup upgraded shares of Omega Healthcare Investors from a "neutral" rating to a "buy" rating and lifted their target price for the company from $32.00 to $35.00 in a research note on Friday, March 22nd. Finally, Wells Fargo & Company upgraded shares of Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $31.00 to $35.00 in a research note on Monday, February 26th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors currently has an average rating of "Hold" and an average target price of $33.58.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI traded up $0.19 during midday trading on Friday, reaching $31.09. The company's stock had a trading volume of 1,563,226 shares, compared to its average volume of 1,747,384. The firm has a market capitalization of $7.68 billion, a PE ratio of 31.40, a P/E/G ratio of 10.05 and a beta of 0.91. Omega Healthcare Investors, Inc. has a twelve month low of $26.11 and a twelve month high of $34.77. The stock has a fifty day moving average of $31.00 and a 200 day moving average of $31.15. The company has a quick ratio of 6.76, a current ratio of 6.76 and a debt-to-equity ratio of 1.35.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, April 29th. This represents a $2.68 annualized dividend and a yield of 8.62%. Omega Healthcare Investors's dividend payout ratio is presently 270.71%.

Omega Healthcare Investors Profile

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.