Cookson Peirce & Co. Inc. trimmed its position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 52.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 191,615 shares of the real estate investment trust’s stock after selling 207,628 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Omega Healthcare Investors were worth $8,496,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. CPC Advisors LLC acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $3,050,000. JPMorgan Chase & Co. grew its stake in shares of Omega Healthcare Investors by 77.9% during the third quarter. JPMorgan Chase & Co. now owns 3,417,240 shares of the real estate investment trust’s stock worth $144,278,000 after purchasing an additional 1,496,059 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new position in shares of Omega Healthcare Investors during the third quarter worth $458,000. Pensionfund PDN acquired a new position in shares of Omega Healthcare Investors during the fourth quarter worth $2,053,000. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of Omega Healthcare Investors by 765.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 86,651 shares of the real estate investment trust’s stock worth $3,658,000 after purchasing an additional 76,634 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on OHI shares. Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Royal Bank Of Canada boosted their target price on shares of 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. UBS Group boosted their target price on shares of Omega Healthcare Investors from $52.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Bank of America restated an “underperform” rating and set a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. Finally, Scotiabank boosted their price objective on shares of Omega Healthcare Investors from $48.00 to $50.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 21st. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $49.17.
Omega Healthcare Investors Stock Up 2.0%
Shares of NYSE:OHI opened at $44.53 on Friday. The company has a market capitalization of $13.26 billion, a PE ratio of 21.51, a P/E/G ratio of 1.91 and a beta of 0.58. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81. Omega Healthcare Investors, Inc. has a twelve month low of $35.70 and a twelve month high of $49.33. The firm has a 50 day simple moving average of $46.28 and a 200-day simple moving average of $45.72.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.02). The company had revenue of $322.96 million for the quarter, compared to analysts’ expectations of $264.07 million. Omega Healthcare Investors had a return on equity of 11.86% and a net margin of 51.14%.The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, equities analysts predict that Omega Healthcare Investors, Inc. will post 3.07 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.0%. The ex-dividend date was Monday, May 4th. Omega Healthcare Investors’s payout ratio is currently 129.47%.
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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