Bokf Na Sells 344 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Bokf Na reduced its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,511 shares of the real estate investment trust’s stock after selling 344 shares during the quarter. Bokf Na’s holdings in Omega Healthcare Investors were worth $1,114,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cutter & CO Brokerage Inc. raised its holdings in shares of Omega Healthcare Investors by 3.7% in the second quarter. Cutter & CO Brokerage Inc. now owns 8,206 shares of the real estate investment trust’s stock valued at $281,000 after acquiring an additional 290 shares in the last quarter. Left Brain Wealth Management LLC raised its holdings in Omega Healthcare Investors by 2.0% in the fourth quarter. Left Brain Wealth Management LLC now owns 17,365 shares of the real estate investment trust’s stock worth $532,000 after purchasing an additional 335 shares in the last quarter. Pasadena Private Wealth LLC raised its holdings in Omega Healthcare Investors by 2.9% in the second quarter. Pasadena Private Wealth LLC now owns 12,049 shares of the real estate investment trust’s stock worth $413,000 after purchasing an additional 335 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Omega Healthcare Investors by 4.7% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,574 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 342 shares in the last quarter. Finally, Tidal Investments LLC raised its holdings in Omega Healthcare Investors by 2.5% in the first quarter. Tidal Investments LLC now owns 14,325 shares of the real estate investment trust’s stock worth $454,000 after purchasing an additional 348 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

OHI has been the subject of a number of recent research reports. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “hold” rating in a report on Wednesday, September 4th. Wells Fargo & Company upgraded shares of Omega Healthcare Investors to a “strong-buy” rating in a report on Friday, June 14th. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “sector perform” rating in a report on Monday, August 26th. Finally, Mizuho downgraded shares of Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and boosted their target price for the stock from $34.00 to $35.00 in a report on Thursday, July 25th. Eight analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $34.82.

Omega Healthcare Investors Stock Performance

OHI opened at $40.62 on Monday. The firm’s 50-day moving average price is $37.55 and its 200-day moving average price is $33.65. The company has a market cap of $10.04 billion, a P/E ratio of 36.59, a price-to-earnings-growth ratio of 1.48 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $40.99. The company has a quick ratio of 5.79, a current ratio of 5.79 and a debt-to-equity ratio of 1.19.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.20). The firm had revenue of $252.70 million during the quarter, compared to analysts’ expectations of $205.92 million. Omega Healthcare Investors had a net margin of 33.52% and a return on equity of 8.61%. Omega Healthcare Investors’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.74 EPS. As a group, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.69 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Monday, August 5th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 5th. This represents a $2.68 dividend on an annualized basis and a yield of 6.60%. Omega Healthcare Investors’s dividend payout ratio is currently 241.44%.

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.