Cetera Investment Advisers Has $3.52 Million Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Cetera Investment Advisers increased its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 5.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 93,096 shares of the real estate investment trust’s stock after acquiring an additional 4,943 shares during the period. Cetera Investment Advisers’ holdings in Omega Healthcare Investors were worth $3,524,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of OHI. Stonebridge Financial Group LLC bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $26,000. Grove Bank & Trust bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $30,000. Kentucky Trust Co bought a new position in shares of Omega Healthcare Investors during the 4th quarter worth approximately $38,000. UMB Bank n.a. lifted its position in shares of Omega Healthcare Investors by 68.6% during the 4th quarter. UMB Bank n.a. now owns 1,116 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 454 shares during the period. Finally, V Square Quantitative Management LLC lifted its position in shares of Omega Healthcare Investors by 44.5% during the 4th quarter. V Square Quantitative Management LLC now owns 1,410 shares of the real estate investment trust’s stock worth $53,000 after buying an additional 434 shares during the period. Institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on OHI. Truist Financial raised their target price on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. JMP Securities restated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Friday, February 7th. Finally, Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $41.00 to $39.00 in a research report on Thursday, March 27th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $42.00.

Omega Healthcare Investors Trading Up 1.2%

Shares of OHI opened at $36.33 on Friday. The stock has a fifty day moving average price of $37.42 and a two-hundred day moving average price of $38.03. The company has a debt-to-equity ratio of 1.02, a quick ratio of 7.07 and a current ratio of 7.07. Omega Healthcare Investors, Inc. has a 52-week low of $30.48 and a 52-week high of $44.42. The company has a market cap of $10.51 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 1.09 and a beta of 0.73.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.75 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.75. Omega Healthcare Investors had a return on equity of 9.71% and a net margin of 38.65%. The firm had revenue of $228.38 million during the quarter, compared to the consensus estimate of $236.61 million. During the same quarter in the previous year, the company posted $0.68 EPS. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, May 5th were paid a $0.67 dividend. The ex-dividend date was Monday, May 5th. This represents a $2.68 annualized dividend and a dividend yield of 7.38%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 166.46%.

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.