Inceptionr LLC Sells 4,818 Shares of Omega Healthcare Investors, Inc. $OHI

Inceptionr LLC trimmed its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 23.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,544 shares of the real estate investment trust’s stock after selling 4,818 shares during the quarter. Inceptionr LLC’s holdings in Omega Healthcare Investors were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in Omega Healthcare Investors by 7.1% in the second quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 279 shares during the last quarter. United Services Automobile Association raised its stake in shares of Omega Healthcare Investors by 1.8% in the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock valued at $632,000 after buying an additional 291 shares during the period. Coldstream Capital Management Inc. raised its stake in shares of Omega Healthcare Investors by 0.5% in the second quarter. Coldstream Capital Management Inc. now owns 60,924 shares of the real estate investment trust’s stock valued at $2,233,000 after buying an additional 301 shares during the period. CreativeOne Wealth LLC lifted its position in shares of Omega Healthcare Investors by 3.4% during the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock valued at $361,000 after buying an additional 310 shares during the last quarter. Finally, Maridea Wealth Management LLC grew its stake in shares of Omega Healthcare Investors by 1.7% during the 2nd quarter. Maridea Wealth Management LLC now owns 19,146 shares of the real estate investment trust’s stock worth $702,000 after acquiring an additional 329 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Up 0.8%

Shares of NYSE:OHI opened at $45.88 on Friday. The firm has a fifty day moving average price of $42.12 and a two-hundred day moving average price of $39.98. The company has a market cap of $13.56 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.85 and a beta of 0.69. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $46.16.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The company had revenue of $311.59 million for the quarter, compared to the consensus estimate 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 was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio (DPR) is 149.72%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OHI. Scotiabank lifted their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Citigroup reiterated a “buy” rating and issued a $50.00 target price (up previously from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. Wells Fargo & Company boosted their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday. UBS Group started coverage on shares of Omega Healthcare Investors in a research note on Tuesday, November 18th. They set a “buy” rating and a $50.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $46.22.

Insider Transactions at Omega Healthcare Investors

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

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.