Quantbot Technologies LP bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 14,471 shares of the real estate investment trust’s stock, valued at approximately $690,000.
Several other hedge funds have also bought and sold shares of OHI. Resources Management Corp CT ADV grew its holdings in shares of Omega Healthcare Investors by 300.0% during the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 450 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in shares of Omega Healthcare Investors in the 1st quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Omega Healthcare Investors in the 4th quarter valued at about $37,000. Finally, Rothschild Investment LLC lifted its position in Omega Healthcare Investors by 283.7% in the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 698 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.
Wall Street Analysts Forecast Growth
OHI has been the subject of a number of recent research reports. Weiss Ratings raised Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Barclays assumed coverage on Omega Healthcare Investors in a report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 target price on the stock. Raymond James Financial assumed coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target for the company. Scotiabank lowered their price target on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada raised their price objective on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $49.21.
Omega Healthcare Investors Stock Performance
Shares of OHI stock opened at $46.29 on Friday. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.90 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 52-week low of $39.26 and a 52-week high of $52.39. The company has a 50-day simple moving average of $48.32 and a two-hundred day simple moving average of $47.09.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, topping the consensus estimate of $0.51 by $0.68. The firm had revenue of $328.25 million for the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current fiscal year.
Omega Healthcare Investors Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were given a $0.68 dividend. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s payout ratio is presently 97.14%.
Omega Healthcare Investors Company Profile
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.
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