Van ECK Associates Corp Raises Stock Position in Omega Healthcare Investors, Inc. $OHI

Van ECK Associates Corp boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 20.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 199,170 shares of the real estate investment trust’s stock after purchasing an additional 33,211 shares during the period. Van ECK Associates Corp owned about 0.07% of Omega Healthcare Investors worth $9,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Hsbc Holdings PLC raised its position in Omega Healthcare Investors by 52.3% during the second quarter. Hsbc Holdings PLC now owns 926,367 shares of the real estate investment trust’s stock valued at $44,398,000 after acquiring an additional 318,146 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in Omega Healthcare Investors in the 2nd quarter worth approximately $677,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $635,000. Empowered Funds LLC purchased a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at approximately $2,712,000. Finally, United Capital Financial Advisors LLC purchased a new position in shares of Omega Healthcare Investors during the 2nd quarter valued at approximately $228,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Stock Up 2.3%

NYSE OHI opened at $46.77 on Wednesday. Omega Healthcare Investors, Inc. has a 52 week low of $39.26 and a 52 week high of $52.39. The business’s fifty day simple moving average is $48.36 and its 200-day simple moving average is $47.10. The firm has a market cap of $14.17 billion, a PE ratio of 16.70, a P/E/G ratio of 1.85 and a beta of 0.58.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The firm’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Research analysts expect that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s payout ratio is currently 97.14%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on OHI. Weiss Ratings upgraded Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, June 30th. Cantor Fitzgerald boosted their price objective on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Citigroup upped their target price on Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. UBS Group set a $47.00 target price on Omega Healthcare Investors in a research report on Thursday, June 18th. Finally, Raymond James Financial started coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price target on the stock. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors currently has an average rating of “Hold” and a consensus price target of $49.50.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc is a real estate investment trust (REIT) that specializes in the ownership and management of healthcare-related facilities. The company’s core business involves acquiring and leasing long-term care properties, including skilled nursing facilities and assisted living communities, under net lease agreements. Its portfolio is designed to provide stable, inflation-protected cash flows from operators responsible for day-to-day property management.

Founded in 1992 and headquartered in Hunt Valley, Maryland, Omega Healthcare Investors has grown its holdings to encompass hundreds of facilities across the United States, with a smaller presence in select international markets.