Independent Financial Group LLC bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 12,618 shares of the real estate investment trust’s stock, valued at approximately $553,000.
Several other institutional investors and hedge funds have also recently modified their holdings of OHI. D.A. Davidson & CO. boosted its position in shares of Omega Healthcare Investors by 131.8% during the 1st quarter. D.A. Davidson & CO. now owns 38,750 shares of the real estate investment trust’s stock valued at $1,698,000 after acquiring an additional 22,030 shares during the last quarter. Midwest Professional Planners LTD. increased its position in shares of Omega Healthcare Investors by 3.0% in the first quarter. Midwest Professional Planners LTD. now owns 45,228 shares of the real estate investment trust’s stock worth $1,982,000 after purchasing an additional 1,297 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of Omega Healthcare Investors by 24.0% in the first quarter. Sanctuary Advisors LLC now owns 44,386 shares of the real estate investment trust’s stock worth $1,945,000 after purchasing an additional 8,589 shares during the last quarter. Sterling Investment Advisors Ltd. raised its stake in Omega Healthcare Investors by 2.0% in the first quarter. Sterling Investment Advisors Ltd. now owns 71,221 shares of the real estate investment trust’s stock valued at $3,121,000 after purchasing an additional 1,366 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in Omega Healthcare Investors by 5.3% in the first quarter. Checchi Capital Advisers LLC now owns 8,616 shares of the real estate investment trust’s stock valued at $378,000 after purchasing an additional 432 shares in the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on OHI. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Wells Fargo & Company increased their price target on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Barclays assumed coverage on shares of Omega Healthcare Investors in a research report on Tuesday, July 7th. They set an “underweight” rating and a $51.00 price objective on the stock. Royal Bank Of Canada lifted their price objective on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Finally, UBS Group set a $47.00 target price on Omega Healthcare Investors in a research note on Thursday, June 18th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.50.
Omega Healthcare Investors Stock Performance
Shares of NYSE OHI opened at $50.67 on Thursday. The stock’s 50-day moving average is $47.33 and its 200 day moving average is $46.35. The stock has a market cap of $15.09 billion, a price-to-earnings ratio of 24.48, a P/E/G ratio of 2.16 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 1-year low of $38.22 and a 1-year high of $51.05. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81.
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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The firm had revenue of $322.95 million during the quarter, compared to analysts’ expectations of $264.07 million. During the same period in the prior year, the company earned $0.75 EPS. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current fiscal year.
Omega Healthcare Investors Profile
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.
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