IQ EQ FUND MANAGEMENT IRELAND Ltd Cuts Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

IQ EQ FUND MANAGEMENT IRELAND Ltd decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,121 shares of the real estate investment trust’s stock after selling 3,846 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Omega Healthcare Investors were worth $1,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of OHI. Stonebridge Financial Group LLC purchased a new stake in shares of Omega Healthcare Investors in the 4th quarter valued at $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the fourth quarter worth $30,000. True Wealth Design LLC purchased a new stake in Omega Healthcare Investors during the third quarter valued at about $31,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors during the third quarter valued at about $31,000. Finally, Kentucky Trust Co purchased a new position in shares of Omega Healthcare Investors in the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on OHI shares. Mizuho lifted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research note on Thursday, December 5th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research note on Tuesday, March 18th. Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $41.00 to $39.00 in a report on Thursday. Finally, BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price objective for the company in a report on Monday, December 9th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors presently has an average rating of “Hold” and an average target price of $42.00.

Omega Healthcare Investors Trading Down 0.6 %

Shares of NYSE OHI opened at $37.50 on Friday. Omega Healthcare Investors, Inc. has a 1 year low of $29.66 and a 1 year high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07. The firm has a 50-day moving average of $37.10 and a 200 day moving average of $38.83. The stock has a market cap of $10.57 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. As a group, sell-side analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, February 10th. This represents a $2.68 annualized dividend and a dividend yield of 7.15%. Omega Healthcare Investors’s payout ratio is presently 172.90%.

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.