Omega Healthcare Investors, Inc. $OHI Shares Acquired by Greenfield Savings Bank

Greenfield Savings Bank increased its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,622 shares of the real estate investment trust’s stock after purchasing an additional 1,557 shares during the period. Greenfield Savings Bank’s holdings in Omega Healthcare Investors were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of OHI. Cresset Asset Management LLC acquired a new position in shares of Omega Healthcare Investors during the fourth quarter valued at approximately $201,000. Janus Henderson Group PLC increased its position in shares of Omega Healthcare Investors by 14.8% during the fourth quarter. Janus Henderson Group PLC now owns 217,234 shares of the real estate investment trust’s stock worth $8,226,000 after purchasing an additional 27,991 shares in the last quarter. Millennium Management LLC increased its position in shares of Omega Healthcare Investors by 573.6% during the fourth quarter. Millennium Management LLC now owns 272,946 shares of the real estate investment trust’s stock worth $10,331,000 after purchasing an additional 232,424 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Omega Healthcare Investors in the 4th quarter valued at $2,465,000. Finally, Nissay Asset Management Corp Japan ADV lifted its holdings in Omega Healthcare Investors by 8.3% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 39,116 shares of the real estate investment trust’s stock valued at $1,475,000 after purchasing an additional 2,982 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

OHI has been the subject of a number of research reports. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Royal Bank Of Canada boosted their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Wells Fargo & Company increased their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Scotiabank boosted their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Finally, Truist Financial upped their price target on Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $43.75.

Insider Activity at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $40.16, for a total value of $100,400.00. Following the transaction, the director owned 18,654 shares of the company’s stock, valued at $749,144.64. This represents a 11.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $42.49 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. The company has a market capitalization of $12.53 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 2.23 and a beta of 0.71. The firm’s 50-day moving average is $40.26 and its two-hundred day moving average is $38.24. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.32. The business had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were given a $0.67 dividend. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a yield of 6.3%. Omega Healthcare Investors’s payout ratio is currently 165.43%.

About Omega Healthcare Investors

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.