Roman Butler Fullerton & Co. Sells 700 Shares of Omega Healthcare Investors, Inc. $OHI

Roman Butler Fullerton & Co. lowered its position in Omega Healthcare Investors, Inc. (NYSE:OHIFree Report) by 9.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,758 shares of the real estate investment trust’s stock after selling 700 shares during the period. Roman Butler Fullerton & Co.’s holdings in Omega Healthcare Investors were worth $264,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cookson Peirce & Co. Inc. boosted its stake in Omega Healthcare Investors by 4.1% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 388,189 shares of the real estate investment trust’s stock worth $14,227,000 after purchasing an additional 15,377 shares during the period. Cullen Frost Bankers Inc. acquired a new position in Omega Healthcare Investors in the 2nd quarter worth $41,000. Whittier Trust Co. acquired a new position in Omega Healthcare Investors in the 2nd quarter worth $73,000. Securian Asset Management Inc. boosted its stake in Omega Healthcare Investors by 3.0% in the 2nd quarter. Securian Asset Management Inc. now owns 22,039 shares of the real estate investment trust’s stock worth $808,000 after purchasing an additional 634 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its stake in Omega Healthcare Investors by 2.3% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 58,580 shares of the real estate investment trust’s stock worth $2,172,000 after purchasing an additional 1,291 shares during the period. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Trading Up 0.2%

Omega Healthcare Investors stock opened at $40.72 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. The firm has a 50-day moving average of $41.60 and a 200-day moving average of $38.97. The company has a market cap of $12.01 billion, a price-to-earnings ratio of 25.13, a P/E/G ratio of 1.90 and a beta of 0.70. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $44.42.

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Mizuho upped their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Cantor Fitzgerald assumed coverage on shares of Omega Healthcare Investors in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 target price for the company. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Raymond James Financial restated an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Finally, Truist Financial increased their price objective on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Six research 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Check Out Our Latest Analysis on OHI

Insider Activity

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company’s stock in a transaction dated 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHIFree Report).

Institutional Ownership by Quarter for Omega Healthcare Investors (NYSE:OHI)

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