Strs Ohio increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 21.0% in the 4th quarter, Holdings Channel reports. The firm owned 383,055 shares of the real estate investment trust’s stock after purchasing an additional 66,501 shares during the period. Strs Ohio’s holdings in Omega Healthcare Investors were worth $16,985,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of OHI. Royal Bank of Canada lifted its holdings in shares of Omega Healthcare Investors by 29.4% during the first quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock worth $5,496,000 after buying an additional 32,798 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Omega Healthcare Investors by 3.1% during the first quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock worth $756,000 after buying an additional 597 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Omega Healthcare Investors during the second quarter worth approximately $257,000. Guggenheim Capital LLC lifted its holdings in shares of Omega Healthcare Investors by 1.0% during the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock worth $1,077,000 after buying an additional 280 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Omega Healthcare Investors by 32.8% during the second quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock worth $7,077,000 after buying an additional 47,649 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages have recently commented on OHI. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a report on Tuesday, April 21st. Bank of America reiterated an “underperform” rating and set a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a report on Tuesday, April 14th. Royal Bank Of Canada upped their price target on Omega Healthcare Investors from $44.00 to $47.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 10th. Truist Financial upped their price target on Omega Healthcare Investors from $46.00 to $48.00 and gave the stock a “hold” rating in a report on Thursday, March 5th. Finally, UBS Group restated a “buy” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $48.00.
Omega Healthcare Investors Stock Performance
Shares of NYSE OHI opened at $47.01 on Monday. The business has a fifty day simple moving average of $46.38 and a 200 day simple moving average of $44.87. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 2.10 and a beta of 0.59. Omega Healthcare Investors, Inc. has a one year low of $35.08 and a one year high of $49.14.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.02). The firm had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Sell-side analysts expect that Omega Healthcare Investors, Inc. will post 3.06 EPS for the current year.
Omega Healthcare Investors Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio is 129.47%.
About Omega Healthcare Investors
Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.
Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.
Further Reading
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