KLP Kapitalforvaltning AS Invests $2.54 Million in Omega Healthcare Investors, Inc. (NYSE:OHI)

KLP Kapitalforvaltning AS acquired a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 67,200 shares of the real estate investment trust’s stock, valued at approximately $2,544,000.

Several other large investors have also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Omega Healthcare Investors by 328.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock valued at $67,642,000 after buying an additional 1,274,238 shares during the period. Daiwa Securities Group Inc. boosted its position in Omega Healthcare Investors by 22.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 4,840,280 shares of the real estate investment trust’s stock valued at $183,205,000 after purchasing an additional 890,912 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Omega Healthcare Investors in the fourth quarter valued at about $20,058,000. FMR LLC grew its stake in Omega Healthcare Investors by 9.9% in the third quarter. FMR LLC now owns 4,216,835 shares of the real estate investment trust’s stock valued at $171,625,000 after purchasing an additional 380,626 shares in the last quarter. Finally, Sei Investments Co. increased its position in Omega Healthcare Investors by 34.1% in the 4th quarter. Sei Investments Co. now owns 1,386,708 shares of the real estate investment trust’s stock worth $52,487,000 after purchasing an additional 352,367 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.5 %

OHI stock opened at $37.68 on Thursday. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 24.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.00. The company has a 50-day moving average of $37.10 and a two-hundred day moving average of $38.84. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.02, a current ratio of 7.07 and a quick ratio of 7.07.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share 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, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 7.11%. The ex-dividend date was Monday, February 10th. Omega Healthcare Investors’s payout ratio is currently 172.90%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on OHI shares. BMO Capital Markets upgraded Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a report on Monday, December 9th. Wells Fargo & Company decreased their target price on shares of Omega Healthcare Investors from $43.00 to $41.00 and set an “overweight” rating for the company in a research report on Monday, March 10th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a report on Tuesday, March 18th. Finally, Mizuho raised their target price on Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $42.25.

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.