Atria Wealth Solutions Inc. Sells 5,212 Shares of Omega Healthcare Investors, Inc. (NYSE:OHI)

Atria Wealth Solutions Inc. lessened its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,583 shares of the real estate investment trust’s stock after selling 5,212 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Omega Healthcare Investors were worth $1,664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of OHI. Fifth Third Bancorp boosted its stake in Omega Healthcare Investors by 33.9% during the second quarter. Fifth Third Bancorp now owns 7,694 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 1,950 shares in the last quarter. Focus Financial Network Inc. boosted its position in shares of Omega Healthcare Investors by 10.4% during the 2nd quarter. Focus Financial Network Inc. now owns 35,364 shares of the real estate investment trust’s stock valued at $1,266,000 after acquiring an additional 3,327 shares in the last quarter. Pasadena Private Wealth LLC boosted its position in shares of Omega Healthcare Investors by 2.9% during the 2nd quarter. Pasadena Private Wealth LLC now owns 12,049 shares of the real estate investment trust’s stock valued at $413,000 after acquiring an additional 335 shares in the last quarter. Montchanin Asset Management LLC bought a new stake in Omega Healthcare Investors in the second quarter valued at about $274,000. Finally, Vanderbilt University raised its position in Omega Healthcare Investors by 82.8% in the second quarter. Vanderbilt University now owns 41,331 shares of the real estate investment trust’s stock worth $1,416,000 after purchasing an additional 18,716 shares in the last quarter. 65.25% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on OHI shares. Truist Financial lifted their price objective on Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “hold” rating in a report on Wednesday, June 26th. Scotiabank boosted their price target on Omega Healthcare Investors from $32.00 to $33.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 9th. Wells Fargo & Company upgraded Omega Healthcare Investors to a “strong-buy” rating in a research note on Friday, June 14th. Mizuho cut Omega Healthcare Investors from an “outperform” rating to a “neutral” rating and lifted their price objective for the company from $34.00 to $35.00 in a report on Thursday, July 25th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Omega Healthcare Investors in a report on Monday, May 6th. Nine equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $33.67.

Omega Healthcare Investors Trading Up 0.7 %

Shares of NYSE OHI opened at $38.38 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $27.53 and a 1-year high of $38.85. The company has a 50-day moving average of $35.51 and a two-hundred day moving average of $32.58. The company has a market cap of $9.90 billion, a PE ratio of 34.58, a P/E/G ratio of 1.32 and a beta of 0.97. The company has a current ratio of 5.79, a quick ratio of 5.79 and a debt-to-equity ratio of 1.19.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.20). Omega Healthcare Investors had a net margin of 33.52% and a return on equity of 8.61%. The company had revenue of $252.70 million during the quarter, compared to analyst estimates of $205.92 million. During the same period in the prior year, the business earned $0.74 EPS. The business’s revenue for the quarter was up 17.5% on a year-over-year basis. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.81 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Stockholders of record on Monday, August 5th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.98%. The ex-dividend date was Monday, August 5th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 241.44%.

Omega Healthcare Investors 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.