Greenland Capital Management LP Purchases 96,230 Shares of Omega Healthcare Investors, Inc. $OHI

Greenland Capital Management LP increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 269.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 132,000 shares of the real estate investment trust’s stock after acquiring an additional 96,230 shares during the period. Greenland Capital Management LP’s holdings in Omega Healthcare Investors were worth $5,573,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Omega Healthcare Investors in the second quarter valued at approximately $26,000. Salem Investment Counselors Inc. bought a new stake in Omega Healthcare Investors during the 3rd quarter worth approximately $39,000. Smartleaf Asset Management LLC increased its position 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 period. CENTRAL TRUST Co raised its stake in shares of Omega Healthcare Investors by 1,654.4% during the second quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 943 shares during the last quarter. Finally, True Wealth Design LLC lifted 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 period. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Up 1.0%

Shares of Omega Healthcare Investors stock opened at $47.05 on Tuesday. The stock’s 50-day moving average is $44.74 and its 200 day moving average is $43.27. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $47.94. The firm has a market cap of $13.91 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 1.50 and a beta of 0.57. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.04 and a quick ratio of 5.04.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a $0.67 dividend. The ex-dividend date was Monday, February 9th. This represents a $2.68 annualized dividend and a dividend yield of 5.7%. Omega Healthcare Investors’s payout ratio is currently 138.86%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Cantor Fitzgerald raised their target price on Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. UBS Group restated a “buy” rating and set a $52.00 price objective on shares of Omega Healthcare Investors in a research report on Friday, February 6th. Weiss Ratings raised Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Monday, January 26th. Wells Fargo & Company downgraded shares of Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $48.00 to $45.00 in a research report on Thursday, January 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Omega Healthcare Investors in a report on Friday, January 9th. They set a “buy” rating and a $54.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and a consensus target price of $47.36.

Omega Healthcare Investors Company Profile

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.