International Assets Investment Management LLC Boosts Stock Position in Omega Healthcare Investors, Inc. $OHI

International Assets Investment Management LLC grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 24.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 12,881 shares of the real estate investment trust’s stock after buying an additional 2,541 shares during the period. International Assets Investment Management LLC’s holdings in Omega Healthcare Investors were worth $472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Bayforest Capital Ltd lifted its position in shares of Omega Healthcare Investors by 395.2% during the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Omega Healthcare Investors by 562.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 1,552 shares in the last quarter. Register Financial Advisors LLC bought a new position in shares of Omega Healthcare Investors in the second quarter worth $73,000. Meeder Asset Management Inc. increased its holdings in shares of Omega Healthcare Investors by 1,581.3% in the first quarter. Meeder Asset Management Inc. now owns 2,522 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 2,372 shares during the period. Finally, Trust Co. of Vermont bought a new position in shares of Omega Healthcare Investors in the second quarter worth $95,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 1.8%

OHI opened at $40.32 on Wednesday. The stock has a market cap of $11.89 billion, a PE ratio of 24.89, a P/E/G ratio of 1.92 and a beta of 0.70. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.42. The business’s fifty day simple moving average is $41.60 and its 200 day simple moving average is $38.93.

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

Omega Healthcare Investors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Monday, August 4th. Omega Healthcare Investors’s dividend payout ratio is currently 165.43%.

Insider Buying and Selling

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Wells Fargo & Company upped their price target on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday. Truist Financial upped their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Finally, Scotiabank upped their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

Omega Healthcare Investors 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.