Nissay Asset Management Corp Japan ADV Acquires 1,615 Shares of Omega Healthcare Investors, Inc. $OHI

Nissay Asset Management Corp Japan ADV increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 4.1% during the first quarter, Holdings Channel.com reports. The fund owned 40,731 shares of the real estate investment trust’s stock after purchasing an additional 1,615 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Omega Healthcare Investors were worth $1,551,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. NBC Securities Inc. bought a new position in Omega Healthcare Investors during the first quarter worth about $29,000. CoreCap Advisors LLC increased its position in Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 1,009 shares during the period. Park Square Financial Group LLC bought a new position in Omega Healthcare Investors during the fourth quarter worth about $61,000. UMB Bank n.a. increased its position in Omega Healthcare Investors by 94.9% during the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust’s stock worth $83,000 after acquiring an additional 1,059 shares during the period. Finally, Meeder Asset Management Inc. increased 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 worth $96,000 after acquiring an additional 2,372 shares during the period. 65.25% of the stock is owned by institutional investors.

Insider Buying and Selling at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Trading Up 0.5%

OHI opened at $43.37 on Tuesday. The company’s 50 day moving average is $39.77 and its 200-day moving average is $38.09. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The company has a market cap of $12.79 billion, a P/E ratio of 26.77, a PEG ratio of 2.26 and a beta of 0.71.

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

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date was Monday, August 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 165.43%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Royal Bank Of Canada raised their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Wells Fargo & Company increased their price target on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. Truist Financial increased their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Finally, Scotiabank increased their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.38.

About Omega Healthcare Investors

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.