Rockefeller Capital Management L.P. Grows Stock Holdings in Omega Healthcare Investors, Inc. (NYSE:OHI)

Rockefeller Capital Management L.P. grew its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 0.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 217,727 shares of the real estate investment trust’s stock after purchasing an additional 1,491 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.08% of Omega Healthcare Investors worth $8,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Omega Healthcare Investors by 328.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,661,964 shares of the real estate investment trust’s stock worth $67,642,000 after acquiring an additional 1,274,238 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in Omega Healthcare Investors by 2.4% in the 3rd quarter. MetLife Investment Management LLC now owns 140,894 shares of the real estate investment trust’s stock valued at $5,734,000 after purchasing an additional 3,239 shares during the last quarter. CreativeOne Wealth LLC grew its stake in shares of Omega Healthcare Investors by 131.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 14,696 shares of the real estate investment trust’s stock valued at $598,000 after buying an additional 8,358 shares during the period. Townsquare Capital LLC raised its position in shares of Omega Healthcare Investors by 14.4% during the 3rd quarter. Townsquare Capital LLC now owns 27,722 shares of the real estate investment trust’s stock valued at $1,128,000 after buying an additional 3,487 shares during the period. Finally, NCP Inc. grew its position in Omega Healthcare Investors by 67.8% in the third quarter. NCP Inc. now owns 5,555 shares of the real estate investment trust’s stock worth $226,000 after acquiring an additional 2,245 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Insider Buying and Selling

In other news, CFO Robert O. Stephenson sold 22,542 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $40.19, for a total transaction of $905,962.98. Following the completion of the transaction, the chief financial officer now directly owns 183,076 shares of the company’s stock, valued at approximately $7,357,824.44. This represents a 10.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Daniel J. Booth sold 56,725 shares of the firm’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $40.25, for a total value of $2,283,181.25. Following the sale, the chief operating officer now directly owns 100,000 shares in the company, valued at $4,025,000. This trade represents a 36.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.37% of the company’s stock.

Omega Healthcare Investors Stock Down 0.7 %

Shares of Omega Healthcare Investors stock opened at $39.54 on Wednesday. The company has a quick ratio of 6.48, a current ratio of 6.48 and a debt-to-equity ratio of 1.10. Omega Healthcare Investors, Inc. has a 52-week low of $27.53 and a 52-week high of $44.42. The company has a market capitalization of $10.67 billion, a P/E ratio of 29.07, a P/E/G ratio of 1.24 and a beta of 0.98. The company has a 50 day moving average of $40.56 and a 200 day moving average of $37.53.

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Monday, November 4th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.78%. Omega Healthcare Investors’s payout ratio is currently 197.06%.

Analyst Ratings Changes

Several brokerages have recently commented on OHI. Scotiabank upped their price target on Omega Healthcare Investors from $33.00 to $39.00 and gave the company a “sector perform” rating in a research note on Monday, August 26th. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $33.00 to $39.00 and gave the stock a “hold” rating in a report on Wednesday, September 4th. BNP Paribas upgraded Omega Healthcare Investors from a “neutral” rating to an “outperform” rating and set a $49.00 price target on the stock in a research note on Thursday, October 31st. Royal Bank of Canada lifted their price objective on Omega Healthcare Investors from $39.00 to $43.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $43.00 target price (up from $40.00) on shares of Omega Healthcare Investors in a research report on Tuesday, October 1st. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $40.00.

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.