P.A.W. Capital Corp increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating) by 6.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,000 shares of the real estate investment trust's stock after acquiring an additional 2,000 shares during the quarter. Omega Healthcare Investors makes up 1.3% of P.A.W. Capital Corp's holdings, making the stock its 20th largest holding. P.A.W. Capital Corp's holdings in Omega Healthcare Investors were worth $902,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of OHI. Freedman Financial Associates Inc. acquired a new position in shares of Omega Healthcare Investors in the 1st quarter worth $26,000. Cerity Partners LLC acquired a new position in shares of Omega Healthcare Investors in the 1st quarter worth $32,000. Ritter Daniher Financial Advisory LLC acquired a new position in shares of Omega Healthcare Investors in the 1st quarter worth $35,000. MCF Advisors LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter valued at $41,000. Finally, Icapital Wealth LLC purchased a new position in shares of Omega Healthcare Investors during the first quarter valued at $42,000. 64.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Capital One Financial assumed coverage on Omega Healthcare Investors in a report on Friday, June 3rd. They set an "equal weight" rating and a $33.00 price target on the stock. Truist Financial lifted their price target on Omega Healthcare Investors from $30.00 to $34.00 and gave the company a "hold" rating in a report on Tuesday, September 13th. Jefferies Financial Group downgraded Omega Healthcare Investors from a "buy" rating to a "hold" rating and lowered their target price for the company from $32.00 to $28.00 in a research note on Thursday, June 30th. Bank of America upgraded Omega Healthcare Investors from an "underperform" rating to a "buy" rating and boosted their target price for the company from $27.00 to $35.00 in a research note on Friday, August 5th. Finally, Raymond James boosted their price target on Omega Healthcare Investors from $33.00 to $34.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 3rd. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Omega Healthcare Investors currently has an average rating of "Hold" and a consensus target price of $32.40.

Omega Healthcare Investors Trading Up 1.6 %

Omega Healthcare Investors (NYSE:OHI – Get Rating) last posted its quarterly earnings results on Monday, August 1st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.35). The company had revenue of $207.54 million during the quarter, compared to analyst estimates of $220.06 million. Omega Healthcare Investors had a net margin of 44.01% and a return on equity of 11.00%. The business's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period last year, the company earned $0.85 EPS. On average, equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.93 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Monday, August 1st were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 8.30%. The ex-dividend date of this dividend was Friday, July 29th. Omega Healthcare Investors's payout ratio is presently 141.80%.

Omega Healthcare Investors Company Profile

(Get Rating)

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.

Recommended Stories

• Get a free copy of the StockNews.com research report on Omega Healthcare Investors (OHI)
• 3 Defensive Stocks With 60-Year Dividend Hike Streaks
• General Mills: Superior Returns With Less Volatility
• 3 Airline Stocks Stuck in a Holding Pattern
• Roku Stock is Down but Not Out
• Is Ford Rolling To A Rebound After Its Q3 Warning

Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI – Get Rating).

Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.