Teachers Retirement System of The State of Kentucky Has $2.74 Million Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Teachers Retirement System of The State of Kentucky decreased its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,249 shares of the real estate investment trust’s stock after selling 1,800 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Omega Healthcare Investors were worth $2,735,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in OHI. Teacher Retirement System of Texas boosted its holdings in shares of Omega Healthcare Investors by 69.8% in the fourth quarter. Teacher Retirement System of Texas now owns 142,279 shares of the real estate investment trust’s stock valued at $5,385,000 after buying an additional 58,482 shares during the period. Assetmark Inc. boosted its stake in Omega Healthcare Investors by 2.9% in the 4th quarter. Assetmark Inc. now owns 1,225,923 shares of the real estate investment trust’s stock worth $46,401,000 after purchasing an additional 34,463 shares during the period. Tallon Kerry Patrick bought a new position in Omega Healthcare Investors during the 4th quarter worth about $1,250,000. JPMorgan Chase & Co. raised its stake in shares of Omega Healthcare Investors by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,995,825 shares of the real estate investment trust’s stock valued at $81,230,000 after purchasing an additional 103,010 shares during the period. Finally, Advisors Capital Management LLC lifted its holdings in shares of Omega Healthcare Investors by 4.3% in the fourth quarter. Advisors Capital Management LLC now owns 761,858 shares of the real estate investment trust’s stock valued at $28,836,000 after purchasing an additional 31,072 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 0.5 %

Shares of NYSE:OHI opened at $37.82 on Friday. Omega Healthcare Investors, Inc. has a 52-week low of $30.26 and a 52-week high of $44.42. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. The company has a market capitalization of $10.86 billion, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 1.09 and a beta of 0.75. The company has a 50-day simple moving average of $37.38 and a 200 day simple moving average of $38.44.

Omega Healthcare Investors (NYSE:OHI) last posted its earnings results on Wednesday, February 5th. The real estate investment trust reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.33. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. Sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, May 5th will be given a dividend of $0.67 per share. The ex-dividend date is Monday, May 5th. This represents a $2.68 annualized dividend and a yield of 7.09%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on OHI shares. Wells Fargo & Company lowered Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a report on Friday, February 7th. Finally, Truist Financial boosted their price target on shares of Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and an average target price of $42.00.

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.