Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,733 shares of the real estate investment trust’s stock after buying an additional 2,800 shares during the period. D.A. Davidson & CO.’s holdings in Omega Healthcare Investors were worth $2,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC acquired a new stake in Omega Healthcare Investors in the 4th quarter valued at about $31,000. NBC Securities Inc. bought a new stake in shares of Omega Healthcare Investors during the third quarter worth about $34,000. GAMMA Investing LLC purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $35,000. Highlander Capital Management LLC lifted its stake in Omega Healthcare Investors by 150.0% in the 4th quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 750 shares in the last quarter. Finally, Clear Street Markets LLC purchased a new stake in Omega Healthcare Investors in the 3rd quarter worth approximately $73,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of NYSE OHI traded up $0.15 during midday trading on Friday, hitting $31.47. 874,254 shares of the stock traded hands, compared to its average volume of 1,716,419. Omega Healthcare Investors, Inc. has a one year low of $27.53 and a one year high of $34.77. The firm has a market capitalization of $7.78 billion, a P/E ratio of 28.35, a PEG ratio of 2.59 and a beta of 0.92. The company has a debt-to-equity ratio of 1.36, a quick ratio of 6.68 and a current ratio of 6.68. The firm has a 50-day moving average of $30.97 and a two-hundred day moving average of $30.79.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, April 30th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.52%. The ex-dividend date was Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is currently 241.44%.

Wall Street Analysts Forecast Growth

OHI has been the subject of several analyst reports. Citigroup raised Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $35.00 in a research note on Friday, March 22nd. Truist Financial raised their price target on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research note on Tuesday, April 2nd. BNP Paribas raised shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 target price on the stock in a research report on Thursday, February 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Omega Healthcare Investors in a research report on Tuesday, January 30th. They set a “buy” rating and a $36.00 price objective for the company. Finally, Wells Fargo & Company upgraded Omega Healthcare Investors from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $31.00 to $35.00 in a report on Monday, February 26th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $33.63.

Omega Healthcare Investors Profile

Omega is a REIT that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the U.S., as well as in the U.K.