Prospera Financial Services Inc Buys 16,164 Shares of Omega Healthcare Investors, Inc. $OHI

Prospera Financial Services Inc boosted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 210.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,846 shares of the real estate investment trust’s stock after buying an additional 16,164 shares during the quarter. Prospera Financial Services Inc’s holdings in Omega Healthcare Investors were worth $875,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of OHI. Caitong International Asset Management Co. Ltd bought a new position in shares of Omega Healthcare Investors during the second quarter valued at $26,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $41,000. Bayforest Capital Ltd increased its position in shares of Omega Healthcare Investors by 395.2% during the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after purchasing an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Omega Healthcare Investors by 562.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock valued at $67,000 after purchasing an additional 1,552 shares during the last quarter. Finally, Register Financial Advisors LLC acquired a new position in Omega Healthcare Investors in the second quarter valued at about $73,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Down 0.6%

Shares of OHI opened at $43.42 on Friday. The business’s fifty day moving average price is $41.62 and its two-hundred day moving average price is $39.43. The firm has a market capitalization of $12.83 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.85 and a beta of 0.69. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.40. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.02. The business had revenue of $311.59 million for the quarter, compared to analyst estimates of $262.48 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, 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 will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a dividend of $0.67 per share. The ex-dividend date is Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 6.2%. Omega Healthcare Investors’s dividend payout ratio is presently 149.72%.

Analysts Set New Price Targets

Several brokerages have weighed in on OHI. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Truist Financial increased their price target on Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Mizuho lifted their price objective on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. Scotiabank boosted their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a research note on Thursday. Finally, Royal Bank Of Canada increased their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock a “sector perform” rating in a report on Thursday, November 6th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and an average target price of $45.38.

Insider Activity

In other Omega Healthcare Investors news, CEO C Taylor Pickett acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were acquired at an average cost of $43.14 per share, for a total transaction of $862,800.00. Following the completion of the acquisition, the chief executive officer directly owned 20,000 shares of the company’s stock, valued at approximately $862,800. This represents a ? increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CIO Vikas Gupta acquired 11,500 shares of Omega Healthcare Investors stock in a transaction on Thursday, November 6th. The stock was acquired at an average cost of $42.97 per share, for a total transaction of $494,155.00. Following the completion of the purchase, the executive owned 13,773 shares of the company’s stock, valued at approximately $591,825.81. The trade was a 505.94% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.50% of the stock is currently owned by company insiders.

Omega Healthcare Investors Company 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.