Burford Brothers Inc. Makes New $1.18 Million Investment in Omega Healthcare Investors, Inc. $OHI

Burford Brothers Inc. purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, Holdings Channel.com reports. The firm purchased 32,243 shares of the real estate investment trust’s stock, valued at approximately $1,182,000.

Several other large investors have also recently made changes to their positions in OHI. Bayforest Capital Ltd boosted its position in Omega Healthcare Investors by 395.2% during the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Omega Healthcare Investors by 562.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 1,552 shares in the last quarter. Register Financial Advisors LLC purchased a new position in shares of Omega Healthcare Investors in the 2nd quarter worth approximately $73,000. Trust Co. of Vermont bought a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $95,000. Finally, Meeder Asset Management Inc. lifted its position in Omega Healthcare Investors by 1,581.3% during the first quarter. Meeder Asset Management Inc. now owns 2,522 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 2,372 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Mizuho lifted their price target on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, September 11th. Truist Financial boosted their target price on Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada increased their price target on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a research note on Thursday, August 7th. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company upped their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus target price of $44.38.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the sale, the director directly owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This represents a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is owned by corporate insiders.

Omega Healthcare Investors Stock Up 1.8%

Shares of OHI stock opened at $41.07 on Friday. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. The firm has a market capitalization of $12.12 billion, a PE ratio of 25.35, a P/E/G ratio of 1.92 and a beta of 0.70. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The stock’s 50-day simple moving average is $41.58 and its 200-day simple moving average is $38.89.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. Omega Healthcare Investors’s revenue for the quarter was up 11.8% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were given a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a yield of 6.5%. Omega Healthcare Investors’s payout ratio is currently 165.43%.

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.