Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Pinebridge Investments L.P.

Pinebridge Investments L.P. grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 282.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 225,954 shares of the real estate investment trust's stock after buying an additional 166,920 shares during the period. Pinebridge Investments L.P. owned 0.08% of Omega Healthcare Investors worth $8,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Hsbc Holdings PLC increased its position in Omega Healthcare Investors by 92.9% during the 4th quarter. Hsbc Holdings PLC now owns 315,339 shares of the real estate investment trust's stock valued at $11,929,000 after buying an additional 151,831 shares in the last quarter. Uniplan Investment Counsel Inc. increased its holdings in shares of Omega Healthcare Investors by 0.7% during the fourth quarter. Uniplan Investment Counsel Inc. now owns 112,416 shares of the real estate investment trust's stock valued at $4,255,000 after acquiring an additional 831 shares in the last quarter. Stifel Financial Corp boosted its stake in Omega Healthcare Investors by 2.3% in the 4th quarter. Stifel Financial Corp now owns 309,509 shares of the real estate investment trust's stock worth $11,715,000 after purchasing an additional 6,868 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Omega Healthcare Investors by 137.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 20,683 shares of the real estate investment trust's stock worth $783,000 after purchasing an additional 11,981 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in Omega Healthcare Investors by 9.5% during the 4th quarter. MML Investors Services LLC now owns 33,334 shares of the real estate investment trust's stock valued at $1,262,000 after purchasing an additional 2,879 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Performance

OHI stock traded up $0.55 during midday trading on Wednesday, hitting $38.78. 478,952 shares of the stock traded hands, compared to its average volume of 1,866,056. Omega Healthcare Investors, Inc. has a 1-year low of $30.26 and a 1-year 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 stock's fifty day simple moving average is $37.50 and its 200-day simple moving average is $38.40. The firm has a market cap of $11.14 billion, a P/E ratio of 25.02, a PEG ratio of 1.09 and a beta of 0.75.

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

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, May 5th will be paid a $0.67 dividend. The ex-dividend date is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a yield of 6.91%. Omega Healthcare Investors's dividend payout ratio is currently 172.90%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on OHI shares. Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Wells Fargo & Company lowered Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $41.00 to $39.00 in a report on Thursday, March 27th. Finally, JMP Securities reaffirmed a "market perform" rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $42.00.

About Omega Healthcare Investors

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.