IQ EQ FUND MANAGEMENT IRELAND Ltd Reduces Stock Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

IQ EQ FUND MANAGEMENT IRELAND Ltd trimmed its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.0% in the 4th quarter, Holdings Channel reports. The firm owned 28,121 shares of the real estate investment trust’s stock after selling 3,846 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Omega Healthcare Investors were worth $1,064,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $26,000. Dunhill Financial LLC purchased a new position in shares of Omega Healthcare Investors in the 3rd quarter worth $31,000. True Wealth Design LLC bought a new stake in shares of Omega Healthcare Investors in the third quarter worth $31,000. Grove Bank & Trust purchased a new stake in Omega Healthcare Investors during the fourth quarter valued at $30,000. Finally, Kentucky Trust Co bought a new position in Omega Healthcare Investors in the fourth quarter valued at about $38,000. Institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on OHI shares. BMO Capital Markets raised shares of Omega Healthcare Investors from a “market perform” rating to an “outperform” rating and set a $45.00 price target for the company in a research report on Monday, December 9th. Mizuho upped their target price on shares of Omega Healthcare Investors from $35.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, December 5th. JMP Securities reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research note on Friday, February 7th. Truist Financial upped their price objective on Omega Healthcare Investors from $38.00 to $39.00 and gave the stock a “hold” rating in a research note on Tuesday, March 18th. Finally, Wells Fargo & Company downgraded Omega Healthcare Investors from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $41.00 to $39.00 in a research report on Thursday. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $42.00.

Omega Healthcare Investors Trading Down 0.6 %

Shares of OHI stock opened at $37.50 on Friday. 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 stock has a fifty day simple moving average of $37.10 and a two-hundred day simple moving average of $38.83. The firm has a market capitalization of $10.57 billion, a PE ratio of 24.19, a PEG ratio of 1.09 and a beta of 1.00. Omega Healthcare Investors, Inc. has a 52-week low of $29.66 and a 52-week high of $44.42.

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

Omega Healthcare Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend was Monday, February 10th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 172.90%.

Omega Healthcare Investors Profile

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.