Stifel Financial Corp Grows Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Stifel Financial Corp lifted its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 309,509 shares of the real estate investment trust's stock after acquiring an additional 6,868 shares during the quarter. Stifel Financial Corp owned 0.11% of Omega Healthcare Investors worth $11,715,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of OHI. Stonebridge Financial Group LLC purchased a new stake in Omega Healthcare Investors during the 4th quarter worth about $26,000. Grove Bank & Trust purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Kentucky Trust Co purchased a new stake in shares of Omega Healthcare Investors during the fourth quarter worth approximately $38,000. UMB Bank n.a. raised its holdings in Omega Healthcare Investors by 68.6% in the fourth quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 454 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its stake in Omega Healthcare Investors by 44.5% in the fourth quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 434 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded down $0.06 during midday trading on Friday, reaching $37.80. 899,004 shares of the company were exchanged, compared to its average volume of 1,859,804. The stock has a market cap of $10.85 billion, a P/E ratio of 24.43, a PEG ratio of 1.09 and a beta of 0.75. Omega Healthcare Investors, Inc. has a 1 year low of $30.26 and a 1 year high of $44.42. The stock has a fifty day simple moving average of $37.38 and a 200 day simple moving average of $38.44. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, beating the consensus estimate 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, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.09%. Omega Healthcare Investors's dividend payout ratio (DPR) is 172.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on OHI shares. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and dropped their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Truist Financial upped their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target 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.