Nisa Investment Advisors LLC Has $5.57 Million Stake in Omega Healthcare Investors, Inc. (NYSE:OHI)

Nisa Investment Advisors LLC lifted its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,889 shares of the real estate investment trust’s stock after acquiring an additional 15,416 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $5,571,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its holdings in shares of Omega Healthcare Investors by 93.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 4,803 shares of the real estate investment trust’s stock worth $152,000 after purchasing an additional 2,324 shares during the last quarter. State of Michigan Retirement System grew its holdings in Omega Healthcare Investors by 2.6% during the 1st quarter. State of Michigan Retirement System now owns 60,263 shares of the real estate investment trust’s stock worth $1,909,000 after acquiring an additional 1,500 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in Omega Healthcare Investors by 0.6% during the 1st quarter. State of Alaska Department of Revenue now owns 143,338 shares of the real estate investment trust’s stock worth $4,538,000 after acquiring an additional 893 shares during the last quarter. Norden Group LLC acquired a new stake in Omega Healthcare Investors in the 1st quarter valued at about $2,145,000. Finally, Van ECK Associates Corp raised its stake in shares of Omega Healthcare Investors by 3.2% in the first quarter. Van ECK Associates Corp now owns 88,693 shares of the real estate investment trust’s stock worth $2,809,000 after acquiring an additional 2,775 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on OHI. Berenberg Bank began coverage on shares of Omega Healthcare Investors in a report on Friday, October 18th. They issued a “buy” rating and a $45.00 price target for the company. Wells Fargo & Company reissued an “overweight” rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a research note on Tuesday, October 1st. Mizuho lowered Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and upped their price target for the company from $34.00 to $35.00 in a research note on Thursday, July 25th. Scotiabank raised their price target on Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “sector perform” rating in a report on Monday, August 26th. Finally, BMO Capital Markets boosted their price objective on Omega Healthcare Investors from $44.00 to $45.00 and gave the stock a “market perform” rating in a report on Monday, October 7th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $39.70.

Insider Buying and Selling at Omega Healthcare Investors

In related news, COO Daniel J. Booth sold 56,725 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the completion of the transaction, the chief operating officer now directly owns 100,000 shares of the company’s stock, valued at $4,025,000. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Omega Healthcare Investors news, COO Daniel J. Booth sold 56,725 shares of the stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $40.25, for a total transaction of $2,283,181.25. Following the transaction, the chief operating officer now directly owns 100,000 shares in the company, valued at approximately $4,025,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Robert O. Stephenson sold 22,542 shares of Omega Healthcare Investors stock in a transaction on Friday, September 27th. The shares were sold at an average price of $40.19, for a total transaction of $905,962.98. Following the completion of the sale, the chief financial officer now directly owns 183,076 shares of the company’s stock, valued at approximately $7,357,824.44. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.37% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $42.43 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $27.53 and a 12-month high of $44.42. The company has a quick ratio of 5.79, a current ratio of 5.79 and a debt-to-equity ratio of 1.19. The firm has a fifty day moving average of $40.42 and a 200-day moving average of $35.89. The firm has a market capitalization of $10.94 billion, a price-to-earnings ratio of 31.20, a price-to-earnings-growth ratio of 1.34 and a beta of 1.00.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, August 1st. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $205.92 million. During the same quarter in the previous year, the company posted $0.74 EPS. The business’s revenue was up 17.5% on a year-over-year basis. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.69 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date of this dividend is Monday, November 4th. Omega Healthcare Investors’s dividend payout ratio is currently 197.06%.

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.