2,910,439 Shares in Omega Healthcare Investors, Inc. (NYSE:OHI) Purchased by Norges Bank

Norges Bank acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,910,439 shares of the real estate investment trust’s stock, valued at approximately $110,160,000. Norges Bank owned 1.08% of Omega Healthcare Investors as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Omega Healthcare Investors by 9.9% in the 3rd quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock worth $171,625,000 after purchasing an additional 380,626 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Omega Healthcare Investors by 120.8% in the third quarter. BNP Paribas Financial Markets now owns 226,338 shares of the real estate investment trust’s stock valued at $9,212,000 after buying an additional 123,836 shares during the period. Townsquare Capital LLC lifted its position in shares of Omega Healthcare Investors by 14.4% during the 3rd quarter. Townsquare Capital LLC now owns 27,722 shares of the real estate investment trust’s stock valued at $1,128,000 after buying an additional 3,487 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Omega Healthcare Investors by 328.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after acquiring an additional 1,274,238 shares during the period. Finally, Rockefeller Capital Management L.P. increased its holdings in Omega Healthcare Investors by 0.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 217,727 shares of the real estate investment trust’s stock worth $8,862,000 after acquiring an additional 1,491 shares during the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 0.1 %

Shares of OHI stock opened at $38.06 on Wednesday. The company has a market capitalization of $10.73 billion, a PE ratio of 24.55, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The business’s fifty day moving average is $37.13 and its 200 day moving average is $38.76. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

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 (EPS) for the quarter, beating 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%. On average, equities research analysts anticipate 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 $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s payout ratio is 172.90%.

Analysts Set New Price Targets

OHI has been the topic of several recent research reports. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $41.00 to $39.00 in a report on Thursday, March 27th. Mizuho boosted their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Hold” and an average target price of $42.00.

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.