Sumitomo Mitsui Asset Management Company LTD grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 22.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 222,958 shares of the real estate investment trust’s stock after buying an additional 40,300 shares during the quarter. Sumitomo Mitsui Asset Management Company LTD owned approximately 0.11% of Omega Healthcare Investors worth $7,114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Honeywell International Inc. grew its stake in shares of Omega Healthcare Investors by 27.8% during the third quarter. Honeywell International Inc. now owns 56,210 shares of the real estate investment trust’s stock worth $1,794,000 after buying an additional 12,210 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Omega Healthcare Investors by 14.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 202,578 shares of the real estate investment trust’s stock worth $6,464,000 after buying an additional 25,372 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Omega Healthcare Investors by 17.5% during the third quarter. First Trust Advisors LP now owns 533,770 shares of the real estate investment trust’s stock worth $17,033,000 after buying an additional 79,562 shares during the last quarter. Oxbow Advisors LLC grew its stake in shares of Omega Healthcare Investors by 9.8% during the third quarter. Oxbow Advisors LLC now owns 219,657 shares of the real estate investment trust’s stock worth $7,009,000 after buying an additional 19,544 shares during the last quarter. Finally, Carnick & Kubik Group LLC bought a new stake in shares of Omega Healthcare Investors during the third quarter worth $1,639,000. 72.87% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on OHI shares. BidaskClub cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Zacks Investment Research raised shares of Omega Healthcare Investors from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. ValuEngine cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. Jefferies Group LLC reaffirmed a “hold” rating and set a $30.00 target price on shares of Omega Healthcare Investors in a research note on Tuesday, October 3rd. Finally, Vetr cut shares of Omega Healthcare Investors from a “buy” rating to a “hold” rating and set a $33.33 target price on the stock. in a research note on Thursday, October 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $32.33.

Shares of Omega Healthcare Investors, Inc. (NYSE OHI) opened at 28.86 on Wednesday. Omega Healthcare Investors, Inc. has a 1-year low of $27.87 and a 1-year high of $35.14. The firm’s 50 day moving average is $31.79 and its 200-day moving average is $32.32. The company has a market cap of $5.69 billion, a PE ratio of 15.23 and a beta of 0.53.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Tuesday, October 31st will be issued a $0.65 dividend. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.64. The ex-dividend date is Monday, October 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 9.01%. Omega Healthcare Investors’s dividend payout ratio is presently 317.08%.

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About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a self-administered real estate investment trust (REIT). The Company maintains a portfolio of long-term healthcare facilities and mortgages on healthcare facilities located in the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties.

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Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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