Knights of Columbus Asset Advisors LLC Has $7.38 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Knights of Columbus Asset Advisors LLC raised its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 22.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 195,081 shares of the real estate investment trust’s stock after buying an additional 35,926 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.07% of Omega Healthcare Investors worth $7,384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC acquired a new position in Omega Healthcare Investors in the fourth quarter valued at about $26,000. Dunhill Financial LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. True Wealth Design LLC acquired a new position in shares of Omega Healthcare Investors during the third quarter worth approximately $31,000. Grove Bank & Trust acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $30,000. Finally, Kentucky Trust Co acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $38,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OHI has been the topic of a number of research reports. Mizuho upped their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Truist Financial upped their target price on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday. Wells Fargo & Company reduced their target price on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating on the stock in a research report on Monday, March 10th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 target price on the stock in a research report on Monday, December 9th. Finally, JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Omega Healthcare Investors has an average rating of “Moderate Buy” and a consensus price target of $41.44.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $37.40 on Friday. The firm has a 50-day moving average of $37.08 and a 200-day moving average of $38.89. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The stock has a market cap of $10.54 billion, a PE ratio of 24.13, a P/E/G 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.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 EPS for the quarter, beating the consensus estimate 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, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.17%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 172.90%.

Omega Healthcare Investors 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.