BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 134,731 shares of the real estate investment trust’s stock, valued at approximately $5,904,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Resources Management Corp CT ADV increased its stake in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 450 shares during the period. Smartleaf Asset Management LLC boosted its position in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 268 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Omega Healthcare Investors during the 4th quarter worth approximately $37,000. Rothschild Investment LLC grew its holdings in Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 698 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in Omega Healthcare Investors by 345.2% during the 4th quarter. Larson Financial Group LLC now owns 984 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 763 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
OHI has been the subject of several analyst reports. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Raymond James Financial began coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price objective on the stock. Bank of America restated an “underperform” rating and issued a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Weiss Ratings lowered Omega Healthcare Investors from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, June 16th. Finally, Truist Financial cut their target price on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Omega Healthcare Investors has a consensus rating of “Hold” and an average target price of $48.31.
Omega Healthcare Investors Trading Up 1.3%
OHI opened at $45.12 on Tuesday. The company has a fifty day moving average price of $46.34 and a two-hundred day moving average price of $45.70. Omega Healthcare Investors, Inc. has a 1-year low of $35.70 and a 1-year high of $49.33. The company has a market cap of $13.44 billion, a P/E ratio of 21.80, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The company had revenue of $322.95 million for the quarter, compared to the consensus estimate of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.Omega Healthcare Investors’s revenue for the quarter was up 16.7% compared to the same quarter last year. 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. Analysts predict that Omega Healthcare Investors, Inc. will post 3.1 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
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 was Monday, May 4th. This represents a $2.68 annualized dividend and a yield of 5.9%. Omega Healthcare Investors’s dividend payout ratio is presently 129.47%.
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.
Recommended Stories
- Five stocks we like better than Omega Healthcare Investors
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report).
Receive News & Ratings for Omega Healthcare Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Omega Healthcare Investors and related companies with MarketBeat.com's FREE daily email newsletter.
