Capital Investment Advisory Services LLC Buys 422 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Capital Investment Advisory Services LLC grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,345 shares of the real estate investment trust’s stock after acquiring an additional 422 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Omega Healthcare Investors were worth $838,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of OHI. Peoples Bank KS bought a new position in Omega Healthcare Investors during the third quarter valued at approximately $33,000. NBC Securities Inc. purchased a new stake in Omega Healthcare Investors in the third quarter worth approximately $34,000. Highlander Capital Management LLC boosted its holdings in Omega Healthcare Investors by 150.0% in the fourth quarter. Highlander Capital Management LLC now owns 1,250 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 750 shares during the last quarter. Clear Street Markets LLC purchased a new stake in Omega Healthcare Investors in the third quarter worth approximately $73,000. Finally, Allworth Financial LP boosted its holdings in Omega Healthcare Investors by 699.4% in the fourth quarter. Allworth Financial LP now owns 2,854 shares of the real estate investment trust’s stock worth $87,000 after purchasing an additional 2,497 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Mizuho dropped their target price on shares of Omega Healthcare Investors from $35.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, January 3rd. BNP Paribas upgraded shares of Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price target on the stock in a research report on Thursday, February 8th. Bank of America downgraded shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th. Truist Financial raised their price objective on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a research report on Tuesday, April 2nd. Finally, Citigroup upgraded shares of Omega Healthcare Investors from a “neutral” rating to a “buy” rating and raised their price objective for the company from $32.00 to $35.00 in a research report on Friday, March 22nd. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $33.58.

Omega Healthcare Investors Stock Performance

OHI opened at $30.26 on Tuesday. The stock has a market capitalization of $7.42 billion, a price-to-earnings ratio of 30.57, a PEG ratio of 9.96 and a beta of 0.91. The company has a fifty day moving average of $31.01 and a 200 day moving average of $31.17. Omega Healthcare Investors, Inc. has a fifty-two week low of $26.00 and a fifty-two week high of $34.77. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.76 and a current ratio of 6.76.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Tuesday, April 30th will be paid a $0.67 dividend. The ex-dividend date is Monday, April 29th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.86%. Omega Healthcare Investors’s payout ratio is currently 270.71%.

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.