Schonfeld Strategic Advisors LLC Boosts Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Schonfeld Strategic Advisors LLC raised its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 724.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 331,859 shares of the real estate investment trust's stock after buying an additional 291,631 shares during the period. Schonfeld Strategic Advisors LLC owned 0.12% of Omega Healthcare Investors worth $12,561,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC acquired a new position in shares of Omega Healthcare Investors during the fourth quarter valued at $26,000. Grove Bank & Trust bought a new position in Omega Healthcare Investors during the fourth quarter worth about $30,000. Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $38,000. UMB Bank n.a. boosted its holdings in shares of 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 buying an additional 454 shares during the period. Finally, V Square Quantitative Management LLC increased its holdings 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 worth $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.

Wall Street Analyst Weigh In

Several brokerages recently commented on OHI. Truist Financial increased their target price 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. Wells Fargo & Company cut Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and decreased 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 research report on Friday, February 7th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of "Hold" and an average price target of $42.00.

Omega Healthcare Investors Price Performance

Shares of OHI stock traded down $0.20 on Tuesday, reaching $35.99. The company had a trading volume of 808,392 shares, compared to its average volume of 1,889,793. The stock has a market capitalization of $10.33 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 1.09 and a beta of 0.73. 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 50-day moving average is $37.61 and its 200 day moving average is $38.30. Omega Healthcare Investors, Inc. has a one year low of $30.48 and a one year high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.75 EPS for the quarter, meeting analysts' consensus estimates of $0.75. The firm had revenue of $228.38 million for the quarter, compared to analyst estimates of $236.61 million. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The business's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. Equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend is Monday, May 5th. Omega Healthcare Investors's dividend payout ratio is currently 166.46%.

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.