Charles Schwab Investment Management Inc. Grows Holdings in Omega Healthcare Investors, Inc. $OHI

Charles Schwab Investment Management Inc. increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.4% during the 2nd quarter, Holdings Channel reports. The firm owned 4,201,353 shares of the real estate investment trust’s stock after acquiring an additional 100,462 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Omega Healthcare Investors were worth $153,980,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of Omega Healthcare Investors by 7.1% during the second quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock worth $153,000 after purchasing an additional 279 shares in the last quarter. United Services Automobile Association lifted its holdings in Omega Healthcare Investors by 1.8% in the 1st quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock worth $632,000 after purchasing an additional 291 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in Omega Healthcare Investors by 3.4% in the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock worth $361,000 after purchasing an additional 310 shares during the period. Maridea Wealth Management LLC boosted its stake in Omega Healthcare Investors by 1.7% in the 2nd quarter. Maridea Wealth Management LLC now owns 19,146 shares of the real estate investment trust’s stock worth $702,000 after purchasing an additional 329 shares during the period. Finally, UniSuper Management Pty Ltd grew its holdings in Omega Healthcare Investors by 0.5% during the 1st quarter. UniSuper Management Pty Ltd now owns 76,200 shares of the real estate investment trust’s stock valued at $2,902,000 after buying an additional 400 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on OHI. Weiss Ratings reissued a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Scotiabank lifted their price target on shares of Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Wells Fargo & Company boosted their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the stock an “overweight” rating in a research note on Tuesday. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. 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 research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and an average target price of $46.22.

Insider Activity

In other news, CIO Vikas Gupta acquired 11,500 shares of Omega Healthcare Investors stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average cost of $42.97 per share, with a total value of $494,155.00. Following the transaction, the executive directly owned 13,773 shares of the company’s stock, valued at $591,825.81. This trade represents a 505.94% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO C Taylor Pickett acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was purchased at an average cost of $43.14 per share, with a total value of $862,800.00. Following the purchase, the chief executive officer owned 20,000 shares of the company’s stock, valued at $862,800. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.50% of the stock is currently owned by company insiders.

Omega Healthcare Investors Trading Up 0.8%

OHI opened at $45.88 on Thursday. The stock has a 50-day moving average of $42.03 and a 200 day moving average of $39.94. 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 $46.16. The firm has a market cap of $13.56 billion, a P/E ratio of 28.32, a P/E/G ratio of 1.85 and a beta of 0.69.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The firm had revenue of $311.59 million during the quarter, compared to analysts’ expectations of $262.48 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The company’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

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

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.