Hudson Bay Capital Management LP Purchases New Holdings in Omega Healthcare Investors, Inc. $OHI

Hudson Bay Capital Management LP acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,945,747 shares of the real estate investment trust’s stock, valued at approximately $71,312,000. Hudson Bay Capital Management LP owned approximately 0.66% of Omega Healthcare Investors as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in OHI. Citigroup Inc. grew its holdings in shares of Omega Healthcare Investors by 38.6% during the first quarter. Citigroup Inc. now owns 293,449 shares of the real estate investment trust’s stock valued at $11,175,000 after buying an additional 81,705 shares in the last quarter. National Bank of Canada FI acquired a new stake in Omega Healthcare Investors during the 1st quarter worth about $374,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Omega Healthcare Investors in the 1st quarter valued at about $302,000. Invesco Ltd. lifted its position in shares of Omega Healthcare Investors by 122.3% in the first quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust’s stock worth $92,023,000 after purchasing an additional 1,329,324 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Omega Healthcare Investors in the first quarter worth approximately $283,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $44.05 on Friday. The stock has a market capitalization of $13.02 billion, a P/E ratio of 24.61, a P/E/G ratio of 1.96 and a beta of 0.56. The business has a 50-day moving average of $42.93 and a two-hundred day moving average of $40.68. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $46.36. The company has a debt-to-equity ratio of 0.95, a current ratio of 7.11 and a quick ratio of 7.11.

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 for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business 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 10.72% and a net margin of 46.83%.The firm’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the business earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, equities research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

Analysts Set New Price Targets

OHI has been the topic of several research reports. UBS Group began coverage on shares of Omega Healthcare Investors in a research note on Tuesday, November 18th. They issued a “buy” rating and a $50.00 price objective on the stock. Citigroup reaffirmed a “buy” rating and issued a $50.00 price target (up from $45.00) on shares of Omega Healthcare Investors in a research note on Wednesday, November 12th. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Truist Financial upped their target price on Omega Healthcare Investors from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, December 1st. Finally, Mizuho lifted their price target on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.63.

Insiders Place Their Bets

In other news, CEO C Taylor Pickett bought 20,000 shares of the 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 purchase, the chief executive officer owned 20,000 shares of the company’s stock, valued at $862,800. This represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CIO Vikas Gupta bought 11,500 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were purchased at an average cost of $42.97 per share, with a total value of $494,155.00. Following the transaction, the executive owned 13,773 shares in the company, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 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.