Rhumbline Advisers Has $30.11 Million Stock Position in Omega Healthcare Investors, Inc. $OHI

Rhumbline Advisers boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 821,646 shares of the real estate investment trust’s stock after buying an additional 24,177 shares during the quarter. Rhumbline Advisers owned approximately 0.28% of Omega Healthcare Investors worth $30,113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Omega Healthcare Investors during the 2nd quarter worth approximately $26,000. CENTRAL TRUST Co raised its stake in Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 943 shares during the period. Bayforest Capital Ltd lifted its holdings in Omega Healthcare Investors by 395.2% during the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in Omega Healthcare Investors during the 2nd quarter valued at $41,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Omega Healthcare Investors by 562.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 1,552 shares during the period. Institutional investors own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

OHI has been the topic of several research analyst reports. Mizuho increased their price objective on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. Wells Fargo & Company upped their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday. Weiss Ratings reissued a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Citigroup restated a “buy” rating and set a $50.00 price objective (up from $45.00) on shares of Omega Healthcare Investors in a research report on Wednesday, November 12th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors presently has an average rating of “Moderate Buy” and a consensus price target of $46.22.

Insider Buying and Selling

In related news, CIO Vikas Gupta acquired 11,500 shares of the stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $42.97 per share, for a total transaction of $494,155.00. Following the purchase, the executive directly owned 13,773 shares in the company, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO C Taylor Pickett acquired 20,000 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was bought at an average cost of $43.14 per share, with a total value of $862,800.00. Following the completion of the acquisition, the chief executive officer directly owned 20,000 shares in the company, valued at approximately $862,800. This represents a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Price Performance

NYSE:OHI opened at $45.88 on Thursday. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $46.16. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The firm’s 50-day simple moving average is $42.03 and its 200 day simple moving average is $39.94. The firm has a market cap of $13.56 billion, a price-to-earnings ratio of 28.32, a P/E/G ratio of 1.85 and a beta of 0.69.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data 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 net margin of 42.23% and a return on equity of 9.78%. The firm had revenue of $311.59 million during the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the previous year, the firm posted $0.71 EPS. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, November 3rd were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Monday, November 3rd. Omega Healthcare Investors’s payout ratio is 149.72%.

Omega Healthcare Investors Company Profile

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.