Omega Healthcare Investors, Inc. $OHI Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 208,646 shares of the real estate investment trust’s stock after purchasing an additional 13,758 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.07% of Omega Healthcare Investors worth $7,647,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pallas Capital Advisors LLC increased its holdings in shares of Omega Healthcare Investors by 59.0% in the 2nd quarter. Pallas Capital Advisors LLC now owns 11,915 shares of the real estate investment trust’s stock worth $437,000 after acquiring an additional 4,420 shares during the period. Dimensional Fund Advisors LP boosted its stake in Omega Healthcare Investors by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust’s stock valued at $154,533,000 after purchasing an additional 165,554 shares during the period. Ontario Teachers Pension Plan Board boosted its stake in Omega Healthcare Investors by 73.2% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 67,919 shares of the real estate investment trust’s stock valued at $2,586,000 after purchasing an additional 28,701 shares during the period. CWM LLC grew its position in Omega Healthcare Investors by 161.8% in the 1st quarter. CWM LLC now owns 23,598 shares of the real estate investment trust’s stock worth $899,000 after purchasing an additional 14,583 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Omega Healthcare Investors by 58.6% in the first quarter. Envestnet Asset Management Inc. now owns 460,755 shares of the real estate investment trust’s stock valued at $17,546,000 after purchasing an additional 170,179 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Insider Activity at Omega Healthcare Investors

In other Omega Healthcare Investors news, CIO Vikas Gupta bought 11,500 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average cost of $42.97 per share, with a total value of $494,155.00. Following the completion of the purchase, the executive directly owned 13,773 shares in the company, valued at approximately $591,825.81. This trade represents a 505.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO C Taylor Pickett acquired 20,000 shares of Omega Healthcare Investors stock in a transaction dated Wednesday, November 5th. The shares were bought at an average cost of $43.14 per share, with a total value of $862,800.00. Following the completion of the purchase, the chief executive officer owned 20,000 shares in the company, valued at approximately $862,800. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.50% of the stock is owned by corporate insiders.

Omega Healthcare Investors Price Performance

Shares of NYSE:OHI opened at $43.62 on Thursday. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.40. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 1.85 and a beta of 0.69. The stock’s 50 day moving average price is $41.60 and its 200 day moving average price is $39.40. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm had revenue of $260.74 million during the quarter, compared to analyst estimates of $262.48 million. During the same period last year, the company posted $0.71 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a $0.67 dividend. The ex-dividend date is Monday, November 3rd. This represents a $2.68 annualized dividend and a yield of 6.1%. Omega Healthcare Investors’s payout ratio is 149.72%.

Analyst Ratings Changes

OHI has been the topic of a number of recent analyst reports. Truist Financial lifted their price target on Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Wells Fargo & Company raised their target price on Omega Healthcare Investors from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Mizuho boosted their price target on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $45.00.

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.