IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.21 Million Stock Holdings in Omega Healthcare Investors, Inc. $OHI

IQ EQ FUND MANAGEMENT IRELAND Ltd increased its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 10.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,068 shares of the real estate investment trust’s stock after purchasing an additional 3,081 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Omega Healthcare Investors were worth $1,212,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of OHI. GAMMA Investing LLC raised its holdings in shares of Omega Healthcare Investors by 14.2% in the 1st quarter. GAMMA Investing LLC now owns 4,572 shares of the real estate investment trust’s stock valued at $174,000 after purchasing an additional 568 shares during the period. Illinois Municipal Retirement Fund raised its holdings in shares of Omega Healthcare Investors by 37.7% in the 1st quarter. Illinois Municipal Retirement Fund now owns 36,729 shares of the real estate investment trust’s stock valued at $1,399,000 after purchasing an additional 10,058 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Omega Healthcare Investors by 556.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust’s stock valued at $39,143,000 after purchasing an additional 871,472 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Omega Healthcare Investors by 221.6% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 940,213 shares of the real estate investment trust’s stock valued at $35,803,000 after purchasing an additional 647,832 shares during the period. Finally, Amalgamated Bank raised its holdings in shares of Omega Healthcare Investors by 0.4% in the 1st quarter. Amalgamated Bank now owns 128,623 shares of the real estate investment trust’s stock valued at $4,898,000 after purchasing an additional 526 shares during the period. 65.25% of the stock is owned by institutional investors.

Insider Activity

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director owned 18,654 shares in the company, valued at $749,144.64. This represents a 11.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald assumed coverage on shares of Omega Healthcare Investors in a report on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 target price on the stock. Truist Financial upped their target price on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Mizuho upped their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Scotiabank increased their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.50.

Omega Healthcare Investors Stock Down 2.2%

Omega Healthcare Investors stock opened at $40.02 on Wednesday. The stock has a market cap of $11.80 billion, a P/E ratio of 24.70, a P/E/G ratio of 1.91 and a beta of 0.70. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.42. The company’s 50-day moving average price is $41.57 and its two-hundred day moving average price is $39.07.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the prior year, the business posted $0.71 EPS. The business’s revenue 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. As a group, analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio is presently 165.43%.

About Omega Healthcare Investors

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.