435,336 Shares in Omega Healthcare Investors, Inc. $OHI Bought by Public Employees Retirement System of Ohio

by · The Markets Daily

Public Employees Retirement System of Ohio bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 435,336 shares of the real estate investment trust’s stock, valued at approximately $20,757,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Resources Management Corp CT ADV grew its holdings in shares of Omega Healthcare Investors by 300.0% in the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 450 shares in the last quarter. Smartleaf Asset Management LLC raised 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 worth $34,000 after acquiring an additional 268 shares in the last quarter. Ascentis Independent Advisors bought a new stake in Omega Healthcare Investors during the first quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Omega Healthcare Investors during the fourth quarter valued at approximately $37,000. Finally, Rothschild Investment LLC boosted its position in Omega Healthcare Investors by 283.7% during the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 698 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Shares of OHI opened at $45.96 on Friday. The company’s 50-day moving average is $48.35 and its 200-day moving average is $47.09. The firm has a market capitalization of $13.93 billion, a PE ratio of 16.41, a PEG ratio of 1.86 and a beta of 0.57. Omega Healthcare Investors, Inc. has a fifty-two week low of $39.26 and a fifty-two week high of $52.39.

Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.68. The firm had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period last year, the business posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Analysts predict that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.68 per share. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s payout ratio is 97.14%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a research report on Monday, May 4th. Royal Bank Of Canada increased their price objective on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Citigroup raised their target price on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. UBS Group set a $47.00 target price on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Finally, Raymond James Financial assumed coverage on shares of Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $49.21.

Check Out Our Latest Analysis on OHI

Omega Healthcare Investors Company Profile

(Free Report)

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.

See Also

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