Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Bought by Waterfront Capital Partners LLC

Waterfront Capital Partners LLC increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 551,424 shares of the real estate investment trust's stock after purchasing an additional 18,702 shares during the period. Omega Healthcare Investors makes up approximately 3.8% of Waterfront Capital Partners LLC's portfolio, making the stock its 16th largest position. Waterfront Capital Partners LLC owned about 0.20% of Omega Healthcare Investors worth $20,871,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors in the fourth quarter valued at $26,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $30,000. Kentucky Trust Co acquired a new position in shares of Omega Healthcare Investors in the fourth quarter worth about $38,000. UMB Bank n.a. boosted 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 purchasing an additional 454 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its stake in Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 434 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Omega Healthcare Investors Stock Performance

Shares of NYSE:OHI traded up $0.54 during trading on Wednesday, hitting $38.77. 691,306 shares of the company traded hands, compared to its average volume of 1,866,786. Omega Healthcare Investors, Inc. has a one year low of $30.26 and a one year high of $44.42. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 25.01, a PEG ratio of 1.09 and a beta of 0.75. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. The business's fifty day moving average is $37.50 and its 200-day moving average is $38.40.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate of $0.41 by $0.33. Omega Healthcare Investors had a net margin of 38.65% and a return on equity of 9.71%. As a group, equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on OHI shares. Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $41.00 to $39.00 in a research note on Thursday, March 27th. Truist Financial raised their price objective 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. Finally, JMP Securities restated a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $42.00.

Omega Healthcare Investors 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.