NEOS Investment Management LLC Buys 13,819 Shares of Omega Healthcare Investors, Inc. $OHI

NEOS Investment Management LLC boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 103.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,241 shares of the real estate investment trust’s stock after buying an additional 13,819 shares during the period. NEOS Investment Management LLC’s holdings in Omega Healthcare Investors were worth $1,150,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Omega Healthcare Investors by 3.4% in the third quarter. Vanguard Group Inc. now owns 42,152,368 shares of the real estate investment trust’s stock worth $1,779,673,000 after purchasing an additional 1,386,887 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Omega Healthcare Investors by 1.8% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 65,754 shares of the real estate investment trust’s stock valued at $2,776,000 after buying an additional 1,140 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Omega Healthcare Investors by 51.2% during the third quarter. Fifth Third Bancorp now owns 13,015 shares of the real estate investment trust’s stock valued at $549,000 after acquiring an additional 4,409 shares in the last quarter. Addison Advisors LLC bought a new stake in shares of Omega Healthcare Investors during the third quarter valued at approximately $59,000. Finally, JPMorgan Chase & Co. raised its holdings in Omega Healthcare Investors by 77.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,417,240 shares of the real estate investment trust’s stock worth $144,278,000 after acquiring an additional 1,496,059 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Trading Up 0.0%

Shares of NYSE:OHI opened at $46.55 on Friday. The stock has a 50 day moving average of $44.69 and a 200 day moving average of $43.18. The company has a market cap of $13.76 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 1.50 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $47.94. The company has a current ratio of 5.04, a quick ratio of 5.04 and a debt-to-equity ratio of 0.78.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, February 9th. Omega Healthcare Investors’s dividend payout ratio is presently 138.86%.

Wall Street Analyst Weigh In

OHI has been the topic of several recent analyst reports. BMO Capital Markets downgraded Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 target price on the stock. in a research note on Friday, January 9th. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a research note on Monday, December 1st. Jefferies Financial Group reissued a “hold” rating and issued a $45.00 target price on shares of Omega Healthcare Investors in a report on Monday, December 15th. Weiss Ratings raised Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, January 26th. Finally, Cantor Fitzgerald upped their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $47.36.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.