Caitong International Asset Management Co. Ltd Purchases Shares of 697 Omega Healthcare Investors, Inc. $OHI

Caitong International Asset Management Co. Ltd purchased a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 697 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Other hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $41,000. Bayforest Capital Ltd boosted its stake in shares of 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 worth $41,000 after acquiring an additional 901 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Omega Healthcare Investors by 562.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 1,552 shares in the last quarter. Register Financial Advisors LLC purchased a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $73,000. Finally, Whittier Trust Co. purchased a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $73,000. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OHI has been the topic of several recent analyst reports. Truist Financial increased their target price 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. Royal Bank Of Canada upped their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. Scotiabank upped their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald started coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 1st. They set an “overweight” rating and a $50.00 price target for the company. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $44.50.

Omega Healthcare Investors Stock Up 1.0%

OHI stock opened at $40.91 on Tuesday. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 25.25, a PEG ratio of 1.89 and a beta of 0.70. 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 firm has a 50-day moving average of $41.59 and a two-hundred day moving average of $39.05.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.32. The company had revenue of $235.60 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter 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. As a group, analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be issued a $0.67 dividend. The ex-dividend date is Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 6.6%. Omega Healthcare Investors’s dividend payout ratio is presently 165.43%.

Insider Buying and Selling

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the 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 completion of the sale, the director owned 18,654 shares in the company, valued at approximately $749,144.64. This represents a 11.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

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.