M Holdings Securities Inc. acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,065 shares of the real estate investment trust's stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also made changes to their positions in OHI. Freedman Financial Associates Inc. acquired a new stake in shares of Omega Healthcare Investors during the first quarter worth $26,000. Cerity Partners LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter worth $32,000. Ritter Daniher Financial Advisory LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter worth $35,000. Covestor Ltd purchased a new position in shares of Omega Healthcare Investors during the fourth quarter worth $39,000. Finally, MCF Advisors LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter worth $41,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

OHI has been the subject of several recent research reports. Bank of America raised shares of Omega Healthcare Investors from an "underperform" rating to a "buy" rating and raised their target price for the stock from $27.00 to $35.00 in a report on Friday, August 5th. Raymond James raised their target price on shares of Omega Healthcare Investors from $33.00 to $34.00 and gave the stock an "outperform" rating in a report on Wednesday, August 3rd. Truist Financial raised their target price on shares of Omega Healthcare Investors from $30.00 to $34.00 and gave the stock a "hold" rating in a report on Tuesday, September 13th. Jefferies Financial Group cut shares of Omega Healthcare Investors from a "buy" rating to a "hold" rating and reduced their target price for the stock from $32.00 to $28.00 in a report on Thursday, June 30th. Finally, Capital One Financial initiated coverage on shares of Omega Healthcare Investors in a report on Friday, June 3rd. They issued an "equal weight" rating and a $33.00 price objective for the company. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $32.40.

Omega Healthcare Investors Stock Up 2.1 %

Omega Healthcare Investors (NYSE:OHI – Get Rating) last released its earnings results on Monday, August 1st. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.35). The company had revenue of $207.54 million for the quarter, compared to analysts' expectations of $220.06 million. Omega Healthcare Investors had a return on equity of 11.00% and a net margin of 44.01%. The firm's revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.85 EPS. Equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.93 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 15th. Stockholders of record on Monday, August 1st were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, July 29th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 8.63%. Omega Healthcare Investors's dividend payout ratio is currently 141.80%.

About Omega Healthcare Investors

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Omega is a real estate investment trust 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 US, as well as in the UK.

Further Reading

• Get a free copy of the StockNews.com research report on Omega Healthcare Investors (OHI)
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