Weaver C. Barksdale & Associates Inc. Sells 709 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Weaver C. Barksdale & Associates Inc. cut its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,207 shares of the real estate investment trust’s stock after selling 709 shares during the quarter. Weaver C. Barksdale & Associates Inc.’s holdings in Omega Healthcare Investors were worth $1,105,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors during the 4th quarter valued at approximately $26,000. Dunhill Financial LLC bought a new position in Omega Healthcare Investors during the 3rd quarter valued at approximately $31,000. True Wealth Design LLC purchased a new position in Omega Healthcare Investors during the third quarter valued at $31,000. Grove Bank & Trust purchased a new stake in shares of Omega Healthcare Investors in the fourth quarter worth $30,000. Finally, Kentucky Trust Co purchased a new position in shares of Omega Healthcare Investors in the 4th quarter worth about $38,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on OHI. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Wells Fargo & Company lowered their price objective 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. Truist Financial boosted their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. BMO Capital Markets upgraded shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research note on Monday, December 9th. Finally, Mizuho increased their price objective on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a research report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $42.25.

Omega Healthcare Investors Trading Down 1.3 %

Shares of OHI stock opened at $37.51 on Wednesday. The stock has a fifty day simple moving average of $37.10 and a two-hundred day simple moving average of $38.85. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The firm has a market capitalization of $10.57 billion, a PE ratio of 24.20, a PEG ratio of 1.09 and a beta of 1.00. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share (EPS) for the quarter, topping 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%. On average, analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $2.68 annualized dividend and a yield of 7.14%. Omega Healthcare Investors’s payout ratio is 172.90%.

Omega Healthcare Investors Company 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.