Foundations Investment Advisors LLC Boosts Holdings in Omega Healthcare Investors, Inc. $OHI

Foundations Investment Advisors LLC grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.1% in the second quarter, Holdings Channel reports. The firm owned 34,319 shares of the real estate investment trust’s stock after purchasing an additional 2,271 shares during the period. Foundations Investment Advisors LLC’s holdings in Omega Healthcare Investors were worth $1,258,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its stake in Omega Healthcare Investors by 1.7% during the first quarter. Mutual of America Capital Management LLC now owns 145,057 shares of the real estate investment trust’s stock valued at $5,524,000 after buying an additional 2,460 shares during the period. CWM LLC raised its holdings in shares of Omega Healthcare Investors by 161.8% in the 1st quarter. CWM LLC now owns 23,598 shares of the real estate investment trust’s stock valued at $899,000 after acquiring an additional 14,583 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Omega Healthcare Investors by 109.6% during the 1st quarter. Victory Capital Management Inc. now owns 105,811 shares of the real estate investment trust’s stock valued at $4,029,000 after acquiring an additional 55,322 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Omega Healthcare Investors by 42.6% during the first quarter. Kestra Private Wealth Services LLC now owns 16,303 shares of the real estate investment trust’s stock worth $621,000 after purchasing an additional 4,868 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of Omega Healthcare Investors by 21.8% during the first quarter. IFP Advisors Inc now owns 105,545 shares of the real estate investment trust’s stock worth $4,019,000 after purchasing an additional 18,905 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Insider Activity at Omega Healthcare Investors

In other news, CIO Vikas Gupta bought 11,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average cost of $42.97 per share, with a total value of $494,155.00. Following the completion of the purchase, the executive directly owned 13,773 shares in the company, valued at $591,825.81. This represents a 505.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO C Taylor Pickett purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were purchased at an average price of $43.14 per share, with a total value of $862,800.00. Following the completion of the acquisition, the chief executive officer directly owned 20,000 shares in the company, valued at $862,800. The trade was a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Wednesday, October 8th. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Cantor Fitzgerald initiated coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 target price for the company. Scotiabank raised their price target on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Finally, Citigroup reaffirmed a “buy” rating and set a $50.00 price target (up previously from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.38.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $44.20 on Tuesday. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The stock has a market cap of $13.06 billion, a PE ratio of 27.28, a PEG ratio of 1.85 and a beta of 0.69. The company’s fifty day moving average is $41.65 and its 200 day moving average is $39.52. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.40.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm had revenue of $311.59 million for the quarter, compared to analysts’ expectations of $262.48 million. During the same period last year, the firm earned $0.71 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Monday, November 3rd. Omega Healthcare Investors’s payout ratio is 149.72%.

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.