Fox Run Management L.L.C. Makes New Investment in Omega Healthcare Investors, Inc. (NYSE:OHI)

Fox Run Management L.L.C. acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 31,336 shares of the real estate investment trust’s stock, valued at approximately $1,186,000.

A number of other large investors have also added to or reduced their stakes in OHI. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $26,000. Grove Bank & Trust bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $30,000. True Wealth Design LLC bought a new stake in Omega Healthcare Investors in the 3rd quarter worth approximately $31,000. Dunhill Financial LLC bought a new stake in Omega Healthcare Investors in the 3rd quarter worth approximately $31,000. Finally, Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at approximately $38,000. Institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the company a “hold” rating in a research report on Tuesday, March 18th. JMP Securities reissued a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. BMO Capital Markets raised 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. Mizuho boosted their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company cut their target price on 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. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Hold” and an average target price of $42.25.

Omega Healthcare Investors Stock Performance

Shares of Omega Healthcare Investors stock opened at $37.40 on Friday. The stock’s fifty day moving average is $37.08 and its two-hundred day moving average is $38.88. The company has a market capitalization of $10.54 billion, a PE ratio of 24.13, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company has a quick ratio of 7.07, a current ratio of 7.07 and a debt-to-equity ratio of 1.02. 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 announced its quarterly earnings data 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 return on equity of 9.71% and a net margin of 38.65%. As a group, analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.17%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio is 172.90%.

About Omega Healthcare Investors

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.