Tower Research Capital LLC TRC Raises Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Tower Research Capital LLC TRC boosted its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 137.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,683 shares of the real estate investment trust's stock after buying an additional 11,981 shares during the period. Tower Research Capital LLC TRC's holdings in Omega Healthcare Investors were worth $783,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in OHI. Sanctuary Advisors LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter worth approximately $332,000. World Investment Advisors LLC bought a new stake in Omega Healthcare Investors during the 3rd quarter valued at $220,000. Tidal Investments LLC raised its holdings in Omega Healthcare Investors by 158.8% during the third quarter. Tidal Investments LLC now owns 46,159 shares of the real estate investment trust's stock worth $1,879,000 after buying an additional 28,326 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Omega Healthcare Investors by 441.4% in the third quarter. Franklin Resources Inc. now owns 429,993 shares of the real estate investment trust's stock valued at $17,177,000 after buying an additional 350,570 shares in the last quarter. Finally, Retirement Systems of Alabama grew its holdings in shares of Omega Healthcare Investors by 2.7% during the third quarter. Retirement Systems of Alabama now owns 313,212 shares of the real estate investment trust's stock valued at $12,748,000 after buying an additional 8,231 shares during the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on OHI shares. Wells Fargo & Company lowered shares of Omega Healthcare Investors from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $41.00 to $39.00 in a report on Thursday, March 27th. JMP Securities reissued a "market perform" rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Truist Financial lifted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $42.00.

Omega Healthcare Investors Trading Up 2.1 %

Shares of OHI stock traded up $0.80 during mid-day trading on Wednesday, reaching $39.03. The stock had a trading volume of 2,374,749 shares, compared to its average volume of 1,873,352. Omega Healthcare Investors, Inc. has a 52-week low of $30.26 and a 52-week high of $44.42. The firm has a market capitalization of $11.21 billion, a PE ratio of 25.18, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. The company has a current ratio of 7.07, a quick ratio of 7.07 and a debt-to-equity ratio of 1.02. The stock's 50-day moving average price is $37.50 and its two-hundred day moving average price is $38.40.

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

Omega Healthcare Investors Announces Dividend

The business 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 $0.67 dividend. The ex-dividend date is Monday, May 5th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.87%. Omega Healthcare Investors's dividend payout ratio is presently 172.90%.

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.