Geode Capital Management LLC Acquires 734,774 Shares of Omega Healthcare Investors, Inc. $OHI

Geode Capital Management LLC increased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.4% in the fourth quarter, HoldingsChannel reports. The firm owned 8,515,924 shares of the real estate investment trust’s stock after purchasing an additional 734,774 shares during the period. Geode Capital Management LLC’s holdings in Omega Healthcare Investors were worth $377,648,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Bogart Wealth LLC boosted its holdings in Omega Healthcare Investors by 2.3% in the fourth quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock worth $464,000 after purchasing an additional 237 shares in the last quarter. GeoWealth Management LLC boosted its holdings in Omega Healthcare Investors by 1.3% during the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after acquiring an additional 239 shares during the period. Checchi Capital Advisers LLC boosted its holdings in Omega Healthcare Investors by 3.3% during the fourth quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock valued at $363,000 after acquiring an additional 262 shares during the period. Inscription Capital LLC boosted its holdings in Omega Healthcare Investors by 0.9% during the fourth quarter. Inscription Capital LLC now owns 29,814 shares of the real estate investment trust’s stock valued at $1,322,000 after acquiring an additional 268 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 268 shares during the period. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Trading Up 0.1%

Omega Healthcare Investors stock opened at $46.83 on Monday. The business has a 50 day moving average price of $46.35 and a two-hundred day moving average price of $45.70. The company has a quick ratio of 5.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.81. The stock has a market cap of $13.94 billion, a price-to-earnings ratio of 22.62, a price-to-earnings-growth ratio of 2.01 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 12 month low of $35.70 and a 12 month high of $49.33.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.02). The firm had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The company’s revenue was up 16.7% on a year-over-year basis. During the same period last year, the company earned $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 3.07 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.68 annualized dividend and a yield of 5.7%. Omega Healthcare Investors’s dividend payout ratio is 129.47%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald upped their price target on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, February 10th. Wells Fargo & Company upped their price target on shares of Omega Healthcare Investors from $45.00 to $47.00 and gave the company an “equal weight” rating in a report on Thursday, March 26th. UBS Group upped their price target on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Scotiabank upped their price target on shares of Omega Healthcare Investors from $48.00 to $50.00 and gave the company a “sector perform” rating in a report on Thursday, May 21st. Finally, Truist Financial upped their price target on shares of Omega Healthcare Investors from $46.00 to $48.00 and gave the company a “hold” rating in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $49.00.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.