Omega Healthcare Investors, Inc. (NYSE:OHI) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 27.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,475 shares of the real estate investment trust’s stock after acquiring an additional 319 shares during the period. Loomis Sayles & Co. L P’s holdings in Omega Healthcare Investors were worth $56,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors during the 4th quarter valued at approximately $26,000. Grove Bank & Trust acquired a new stake in Omega Healthcare Investors in the fourth quarter worth $30,000. True Wealth Design LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter valued at $31,000. Dunhill Financial LLC bought a new position in shares of Omega Healthcare Investors during the third quarter worth about $31,000. Finally, Kentucky Trust Co acquired a new stake in shares of Omega Healthcare Investors in the 4th quarter worth about $38,000. 65.25% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OHI has been the subject of a number of analyst reports. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price for the company in a research note on Monday, December 9th. Mizuho increased their price objective on Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, December 5th. 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 note on Tuesday, March 18th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Finally, Wells Fargo & Company cut shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $41.00 to $39.00 in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of “Hold” and a consensus price target of $42.00.

Omega Healthcare Investors Trading Up 1.5 %

Shares of Omega Healthcare Investors stock opened at $38.08 on Monday. The business has a fifty day simple moving average of $37.11 and a 200-day simple moving average of $38.80. The firm has a market cap of $10.73 billion, a price-to-earnings ratio of 24.57, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a fifty-two week low of $29.66 and a fifty-two week high of $44.42. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02.

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

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.04%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 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.