Fund Advisors of America Inc FL bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 27,606 shares of the real estate investment trust’s stock, valued at approximately $1,224,000. Omega Healthcare Investors makes up approximately 1.1% of Fund Advisors of America Inc FL’s investment portfolio, making the stock its 27th largest position.
Several other hedge funds and other institutional investors also recently modified their holdings of OHI. Norges Bank bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $156,166,000. Invesco Ltd. lifted its position in Omega Healthcare Investors by 101.7% in the 3rd quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock worth $208,775,000 after buying an additional 2,493,877 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Omega Healthcare Investors in the 4th quarter worth approximately $93,476,000. Cbre Investment Management Listed Real Assets LLC boosted its stake in Omega Healthcare Investors by 327.5% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,222,799 shares of the real estate investment trust’s stock worth $98,559,000 after buying an additional 1,702,846 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Omega Healthcare Investors by 77.9% in 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 buying an additional 1,496,059 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have commented on OHI shares. Weiss Ratings cut shares of Omega Healthcare Investors from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday. Raymond James Financial initiated coverage on shares of Omega Healthcare Investors in a report on Tuesday. They issued an “outperform” rating and a $50.00 price objective for the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Truist Financial reduced their target price on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. Finally, Citigroup reiterated a “market perform” rating on shares of Omega Healthcare Investors in a research report on Monday. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $48.31.
Omega Healthcare Investors Price Performance
Shares of NYSE OHI opened at $44.54 on Friday. The company has a 50 day simple moving average of $46.35 and a two-hundred day simple moving average of $45.71. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.70 and a fifty-two week high of $49.33. The company has a market capitalization of $13.26 billion, a price-to-earnings ratio of 21.52, a P/E/G ratio of 1.90 and a beta of 0.58. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last released 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 $322.95 million for the quarter, compared to analysts’ expectations of $264.07 million. Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Analysts expect that Omega Healthcare Investors, Inc. will post 3.1 EPS for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.67 per share. The ex-dividend date was Monday, May 4th. This represents a $2.68 dividend on an annualized basis and a yield of 6.0%. Omega Healthcare Investors’s payout ratio is currently 129.47%.
Omega Healthcare Investors 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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