Omega Healthcare Investors, Inc. $OHI Stock Position Lifted by Columbus Macro LLC

Columbus Macro LLC grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 11.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 185,100 shares of the real estate investment trust’s stock after buying an additional 18,274 shares during the quarter. Columbus Macro LLC’s holdings in Omega Healthcare Investors were worth $6,784,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in Omega Healthcare Investors by 7.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock valued at $153,000 after acquiring an additional 279 shares during the period. United Services Automobile Association increased its position in shares of Omega Healthcare Investors by 1.8% during the 1st quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock valued at $632,000 after purchasing an additional 291 shares during the period. Optimum Investment Advisors increased its position in shares of Omega Healthcare Investors by 8.9% during the 1st quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust’s stock valued at $140,000 after purchasing an additional 300 shares during the period. CreativeOne Wealth LLC increased its position in shares of Omega Healthcare Investors by 3.4% during the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock valued at $361,000 after purchasing an additional 310 shares during the period. Finally, Values First Advisors Inc. increased its position in shares of Omega Healthcare Investors by 1.6% during the 1st quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 314 shares during the period. Institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Scotiabank lifted their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday. Royal Bank Of Canada lifted their target price on Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Wells Fargo & Company lifted their target price on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Finally, Mizuho lifted their target price on Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, September 11th. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.44.

Insider Transactions at Omega Healthcare Investors

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the sale, the director owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $40.67 on Thursday. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 1.91 and a beta of 0.70. The stock’s fifty day simple moving average is $41.55 and its 200-day simple moving average is $38.77.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $235.60 million for the quarter, compared to the consensus estimate of $248.49 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. Omega Healthcare Investors’s revenue for the quarter 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 predict 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 was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.6%. Omega Healthcare Investors’s payout ratio is currently 165.43%.

Omega Healthcare Investors 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.