Omega Healthcare Investors, Inc. $OHI Shares Purchased by IFP Advisors Inc

IFP Advisors Inc raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.1% in the second quarter, HoldingsChannel reports. The fund owned 111,938 shares of the real estate investment trust’s stock after purchasing an additional 6,393 shares during the period. IFP Advisors Inc’s holdings in Omega Healthcare Investors were worth $4,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of OHI. NBC Securities Inc. acquired a new position in Omega Healthcare Investors in the first quarter valued at approximately $29,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Omega Healthcare Investors by 562.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 1,552 shares during the period. Register Financial Advisors LLC acquired a new position in Omega Healthcare Investors in the second quarter valued at approximately $73,000. UMB Bank n.a. lifted its holdings in Omega Healthcare Investors by 94.9% in the first quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust’s stock valued at $83,000 after acquiring an additional 1,059 shares during the period. Finally, Trust Co. of Vermont acquired a new position in Omega Healthcare Investors in the second quarter valued at approximately $95,000. 65.25% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of $40.16, for a total value of $100,400.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Trading Down 0.9%

OHI stock opened at $39.83 on Friday. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $44.42. The stock has a market cap of $11.75 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 1.88 and a beta of 0.70. The business’s 50-day moving average is $41.57 and its 200 day moving average is $38.80.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $248.49 million. During the same period in the prior year, the company earned $0.71 EPS. The firm’s 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. On average, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend was Monday, August 4th. Omega Healthcare Investors’s dividend payout ratio is currently 165.43%.

Analysts Set New Price Targets

A number of brokerages have issued reports on OHI. Scotiabank boosted their price target on Omega Healthcare Investors from $39.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Truist Financial upped 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. Mizuho upped their target price on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Finally, Wells Fargo & Company upped their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $44.44.

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.