Bokf Na Lowers Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Bokf Na lessened its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 32,511 shares of the real estate investment trust’s stock after selling 344 shares during the quarter. Bokf Na’s holdings in Omega Healthcare Investors were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Hennion & Walsh Asset Management Inc. boosted its position in Omega Healthcare Investors by 96.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 21,799 shares of the real estate investment trust’s stock worth $690,000 after purchasing an additional 10,714 shares in the last quarter. Slagle Financial LLC raised its stake in shares of Omega Healthcare Investors by 102.1% during the 4th quarter. Slagle Financial LLC now owns 94,586 shares of the real estate investment trust’s stock worth $2,900,000 after buying an additional 47,785 shares during the period. Private Advisor Group LLC raised its stake in shares of Omega Healthcare Investors by 6.6% during the 1st quarter. Private Advisor Group LLC now owns 28,772 shares of the real estate investment trust’s stock worth $911,000 after buying an additional 1,783 shares during the period. Park Avenue Securities LLC raised its stake in shares of Omega Healthcare Investors by 5.7% during the 1st quarter. Park Avenue Securities LLC now owns 10,066 shares of the real estate investment trust’s stock worth $319,000 after buying an additional 544 shares during the period. Finally, HighPoint Advisor Group LLC acquired a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $758,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on OHI shares. Truist Financial increased their price objective on Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th. Scotiabank increased their price objective on Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “sector perform” rating in a research note on Monday, August 26th. Mizuho downgraded Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and increased their price objective for the company from $34.00 to $35.00 in a research note on Thursday, July 25th. Finally, Wells Fargo & Company raised Omega Healthcare Investors to a “strong-buy” rating in a research note on Friday, June 14th. Eight equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $34.82.

Omega Healthcare Investors Stock Up 0.1 %

Shares of OHI opened at $40.62 on Monday. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $40.99. The company has a market capitalization of $10.04 billion, a PE ratio of 36.59, a price-to-earnings-growth ratio of 1.48 and a beta of 1.00. The stock has a fifty day simple moving average of $37.55 and a two-hundred day simple moving average of $33.65. The company has a quick ratio of 5.79, a current ratio of 5.79 and a debt-to-equity ratio of 1.19.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.20). Omega Healthcare Investors had a return on equity of 8.61% and a net margin of 33.52%. The company had revenue of $252.70 million during the quarter, compared to analyst estimates of $205.92 million. During the same period last year, the business earned $0.74 earnings per share. The firm’s revenue was up 17.5% compared to the same quarter last year. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.69 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Monday, August 5th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.60%. The ex-dividend date was Monday, August 5th. Omega Healthcare Investors’s dividend payout ratio is presently 241.44%.

Omega Healthcare Investors Company 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.