Coppell Advisory Solutions LLC Buys Shares of 44,192 Omega Healthcare Investors, Inc. $OHI

Coppell Advisory Solutions LLC bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 44,192 shares of the real estate investment trust’s stock, valued at approximately $1,617,000.

A number of other hedge funds and other institutional investors have also modified their holdings of OHI. Citigroup Inc. lifted its stake in shares of Omega Healthcare Investors by 38.6% in the 1st quarter. Citigroup Inc. now owns 293,449 shares of the real estate investment trust’s stock valued at $11,175,000 after purchasing an additional 81,705 shares during the last quarter. National Bank of Canada FI bought a new position in Omega Healthcare Investors during the first quarter valued at about $374,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Omega Healthcare Investors in the first quarter worth about $302,000. Invesco Ltd. lifted its position in shares of Omega Healthcare Investors by 122.3% in the first quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust’s stock worth $92,023,000 after buying an additional 1,329,324 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Omega Healthcare Investors during the 1st quarter worth about $283,000. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

OHI has been the topic of a number of recent analyst reports. UBS Group started coverage on Omega Healthcare Investors in a research note on Tuesday, November 18th. They issued a “buy” rating and a $50.00 price objective on the stock. Royal Bank Of Canada boosted their price objective on Omega Healthcare Investors from $41.00 to $44.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. Scotiabank lifted their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Finally, Mizuho lifted their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $46.63.

Insider Buying and Selling at Omega Healthcare Investors

In other news, CEO C Taylor Pickett purchased 20,000 shares of the firm’s stock in a transaction dated Wednesday, November 5th. The stock was bought at an average price of $43.14 per share, with a total value of $862,800.00. Following the acquisition, the chief executive officer directly owned 20,000 shares of the company’s stock, valued at approximately $862,800. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CIO Vikas Gupta purchased 11,500 shares of the company’s stock in a transaction dated Thursday, November 6th. The shares were acquired at an average cost of $42.97 per share, for a total transaction of $494,155.00. Following the transaction, the executive owned 13,773 shares of the company’s stock, valued at $591,825.81. This trade represents a 505.94% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Trading Up 0.7%

Shares of NYSE OHI opened at $44.05 on Friday. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $46.36. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average of $42.93 and a two-hundred day moving average of $40.68. The company has a market cap of $13.02 billion, a PE ratio of 24.61, a P/E/G ratio of 1.96 and a beta of 0.56.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 10.72% and a net margin of 46.83%.The company had revenue of $311.59 million during the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 3rd were issued a dividend of $0.67 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 6.1%. Omega Healthcare Investors’s payout ratio is currently 149.72%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.