Pacer Advisors Inc. Sells 14,012 Shares of Omega Healthcare Investors, Inc. $OHI

Pacer Advisors Inc. cut its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 28.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 35,342 shares of the real estate investment trust’s stock after selling 14,012 shares during the period. Pacer Advisors Inc.’s holdings in Omega Healthcare Investors were worth $1,567,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bogart Wealth LLC increased its stake in shares of Omega Healthcare Investors by 2.3% in the 4th quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust’s stock valued at $464,000 after acquiring an additional 237 shares during the last quarter. GeoWealth Management LLC increased its stake in shares of Omega Healthcare Investors by 1.3% in the 3rd quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust’s stock valued at $796,000 after acquiring an additional 239 shares during the last quarter. Checchi Capital Advisers LLC increased its stake in shares of Omega Healthcare Investors by 3.3% in the 4th quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust’s stock valued at $363,000 after acquiring an additional 262 shares during the last quarter. Inscription Capital LLC raised its stake in Omega Healthcare Investors by 0.9% during the 4th quarter. Inscription Capital LLC now owns 29,814 shares of the real estate investment trust’s stock worth $1,322,000 after buying an additional 268 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 268 shares during the period. 65.25% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on OHI. Citigroup raised their price objective on Omega Healthcare Investors from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Wells Fargo & Company raised their price objective on Omega Healthcare Investors from $45.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 26th. Weiss Ratings raised Omega Healthcare Investors from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Tuesday, April 21st. Bank of America reaffirmed an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Finally, Royal Bank Of Canada raised their price objective on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $48.83.

Omega Healthcare Investors Stock Performance

OHI opened at $47.86 on Friday. The business’s 50-day moving average price is $46.29 and its two-hundred day moving average price is $45.23. Omega Healthcare Investors, Inc. has a 1 year low of $35.70 and a 1 year high of $49.14. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of 23.12, a P/E/G ratio of 2.15 and a beta of 0.59. The company has a debt-to-equity ratio of 0.81, a current ratio of 5.32 and a quick ratio of 5.32.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. During the same period in the prior year, the business earned $0.75 EPS. The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Equities analysts expect that Omega Healthcare Investors, Inc. will post 3.06 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.68 annualized dividend and a dividend yield of 5.6%. Omega Healthcare Investors’s dividend payout ratio (DPR) is currently 129.47%.

About Omega Healthcare Investors

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.