Silvercrest Asset Management Group LLC Cuts Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Silvercrest Asset Management Group LLC lessened its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 872,938 shares of the real estate investment trust's stock after selling 14,767 shares during the period. Silvercrest Asset Management Group LLC owned approximately 0.32% of Omega Healthcare Investors worth $33,041,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Omega Healthcare Investors by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 38,061,982 shares of the real estate investment trust's stock worth $1,440,646,000 after buying an additional 1,809,519 shares during the last quarter. Cohen & Steers Inc. raised its holdings in shares of Omega Healthcare Investors by 50.8% in the 4th quarter. Cohen & Steers Inc. now owns 26,222,898 shares of the real estate investment trust's stock worth $992,467,000 after purchasing an additional 8,837,218 shares during the period. Geode Capital Management LLC raised its holdings in shares of Omega Healthcare Investors by 7.8% in the 4th quarter. Geode Capital Management LLC now owns 6,929,319 shares of the real estate investment trust's stock worth $262,329,000 after purchasing an additional 503,190 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Omega Healthcare Investors by 22.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust's stock worth $183,205,000 after purchasing an additional 890,912 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Omega Healthcare Investors by 4.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,986,226 shares of the real estate investment trust's stock worth $150,879,000 after purchasing an additional 155,924 shares during the period. Hedge funds and other institutional investors own 65.25% of the company's stock.

Analyst Upgrades and Downgrades

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

Omega Healthcare Investors Trading Up 1.8%

Shares of OHI stock opened at $37.02 on Friday. The company's fifty day simple moving average is $37.43 and its two-hundred day simple moving average is $38.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. Omega Healthcare Investors, Inc. has a 1 year low of $30.48 and a 1 year high of $44.42. The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.09 and a beta of 0.73.

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

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were given a dividend of $0.67 per share. The ex-dividend date was Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.24%. Omega Healthcare Investors's dividend payout ratio (DPR) is currently 166.46%.

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.

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