Pictet Asset Management SA decreased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 33.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,106 shares of the real estate investment trust’s stock after selling 33,605 shares during the period. Pictet Asset Management SA’s holdings in Omega Healthcare Investors were worth $1,867,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of OHI. State Street Corp raised its position in Omega Healthcare Investors by 14.8% in the first quarter. State Street Corp now owns 13,300,467 shares of the real estate investment trust’s stock worth $414,443,000 after purchasing an additional 1,715,004 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Omega Healthcare Investors by 18.7% during the first quarter. Bank of New York Mellon Corp now owns 6,227,854 shares of the real estate investment trust’s stock worth $170,705,000 after buying an additional 981,231 shares during the last quarter. Geode Capital Management LLC grew its stake in Omega Healthcare Investors by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 4,226,475 shares of the real estate investment trust’s stock worth $118,129,000 after buying an additional 160,524 shares during the last quarter. LSV Asset Management grew its stake in Omega Healthcare Investors by 7.5% during the fourth quarter. LSV Asset Management now owns 3,003,236 shares of the real estate investment trust’s stock worth $83,940,000 after buying an additional 208,400 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Omega Healthcare Investors by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,526,393 shares of the real estate investment trust’s stock worth $70,613,000 after buying an additional 93,835 shares during the last quarter. Institutional investors and hedge funds own 66.04% of the company’s stock.
Omega Healthcare Investors Price Performance
Shares of NYSE:OHI opened at $30.59 on Friday. The company has a market cap of $7.49 billion, a price-to-earnings ratio of 29.99 and a beta of 1.00. The company has a debt-to-equity ratio of 1.39, a current ratio of 5.55 and a quick ratio of 5.55. The firm has a 50 day simple moving average of $31.29 and a 200 day simple moving average of $29.22. Omega Healthcare Investors, Inc. has a one year low of $25.61 and a one year high of $33.28.
Omega Healthcare Investors Dividend Announcement
Analyst Ratings Changes
OHI has been the topic of several research analyst reports. Stifel Nicolaus decreased their price objective on shares of Omega Healthcare Investors from $36.00 to $33.00 in a research note on Wednesday, May 3rd. Berenberg Bank initiated coverage on shares of Omega Healthcare Investors in a research note on Thursday, July 27th. They set a “buy” rating on the stock. StockNews.com raised shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Friday. Truist Financial increased their price target on shares of Omega Healthcare Investors from $29.00 to $33.00 in a research note on Wednesday, June 21st. Finally, Mizuho decreased their price target on shares of Omega Healthcare Investors from $32.00 to $31.00 in a research note on Tuesday, May 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $31.25.
Check Out Our Latest Report on Omega Healthcare Investors
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.
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