Omega Healthcare Investors, Inc. $OHI Shares Acquired by Norden Group LLC

Norden Group LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 63.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 32,013 shares of the real estate investment trust’s stock after buying an additional 12,432 shares during the period. Norden Group LLC’s holdings in Omega Healthcare Investors were worth $1,419,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of OHI. Smartleaf Asset Management LLC raised its holdings in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 268 shares during the last quarter. Salem Investment Counselors Inc. purchased a new position in shares of Omega Healthcare Investors during the 3rd quarter worth $39,000. True Wealth Design LLC boosted its holdings in shares of Omega Healthcare Investors by 273.5% during the third quarter. True Wealth Design LLC now owns 1,113 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 815 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in shares of Omega Healthcare Investors by 1,159.0% during the third quarter. SJS Investment Consulting Inc. now owns 1,259 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 1,159 shares during the last quarter. Finally, Addison Advisors LLC purchased a new stake in shares of Omega Healthcare Investors in the third quarter valued at $59,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on OHI shares. The Goldman Sachs Group began coverage on Omega Healthcare Investors in a research note on Friday, January 9th. They issued a “buy” rating and a $54.00 target price for the company. Royal Bank Of Canada lifted their price target on Omega Healthcare Investors from $44.00 to $47.00 and gave the company a “sector perform” rating in a report on Tuesday, February 10th. Scotiabank upped their price objective on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Jefferies Financial Group reiterated a “hold” rating and set a $45.00 price objective on shares of Omega Healthcare Investors in a report on Monday, December 15th. Finally, Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, March 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and an average target price of $48.00.

Omega Healthcare Investors Trading Up 0.0%

OHI stock opened at $44.55 on Friday. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.78. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 1.87 and a beta of 0.54. The business has a fifty day simple moving average of $45.98 and a 200-day simple moving average of $44.10. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $49.14.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, February 9th. This represents a $2.68 annualized dividend and a yield of 6.0%. Omega Healthcare Investors’s dividend payout ratio is currently 138.86%.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.