Stevens Capital Management LP Invests $377,000 in Omega Healthcare Investors, Inc. (NYSE:OHI)

Stevens Capital Management LP bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 12,303 shares of the real estate investment trust’s stock, valued at approximately $377,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Omega Healthcare Investors by 3.0% during the 3rd quarter. Vanguard Group Inc. now owns 34,867,871 shares of the real estate investment trust’s stock valued at $1,156,219,000 after buying an additional 1,003,927 shares in the last quarter. FMR LLC boosted its position in shares of Omega Healthcare Investors by 96.5% during the third quarter. FMR LLC now owns 2,982,743 shares of the real estate investment trust’s stock worth $98,908,000 after acquiring an additional 1,464,693 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Omega Healthcare Investors by 8.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,824,071 shares of the real estate investment trust’s stock valued at $93,646,000 after acquiring an additional 227,609 shares in the last quarter. Northern Trust Corp increased its holdings in Omega Healthcare Investors by 1.0% in the 3rd quarter. Northern Trust Corp now owns 1,918,137 shares of the real estate investment trust’s stock valued at $63,605,000 after acquiring an additional 19,903 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Omega Healthcare Investors by 60.7% in the 3rd quarter. Invesco Ltd. now owns 1,345,372 shares of the real estate investment trust’s stock worth $44,613,000 after purchasing an additional 508,327 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 0.6 %

Omega Healthcare Investors stock traded up $0.19 during mid-day trading on Friday, hitting $31.09. The company’s stock had a trading volume of 1,563,226 shares, compared to its average volume of 1,747,384. The company has a debt-to-equity ratio of 1.35, a quick ratio of 6.76 and a current ratio of 6.76. The company has a 50 day moving average of $31.00 and a 200-day moving average of $31.15. Omega Healthcare Investors, Inc. has a one year low of $26.11 and a one year high of $34.77. The stock has a market cap of $7.68 billion, a PE ratio of 31.21, a P/E/G ratio of 10.05 and a beta of 0.91.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Tuesday, April 30th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend is Monday, April 29th. Omega Healthcare Investors’s dividend payout ratio is presently 270.71%.

Analyst Upgrades and Downgrades

OHI has been the topic of several research reports. Mizuho reduced their target price on 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 raised Omega Healthcare Investors from an “underperform” rating to a “neutral” rating and set a $30.00 price objective on the stock in a report on Thursday, February 8th. Truist Financial raised their target price on shares of Omega Healthcare Investors from $31.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Omega Healthcare Investors in a research report on Tuesday, January 30th. They issued a “buy” rating and a $36.00 price target on the stock. Finally, Bank of America lowered shares of Omega Healthcare Investors from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $33.00 to $31.00 in a research report on Tuesday, January 16th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Omega Healthcare Investors presently has a consensus rating of “Hold” and a consensus price target of $33.58.

About Omega Healthcare Investors

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.