Empowered Funds LLC Invests $2.71 Million in Omega Healthcare Investors, Inc. $OHI

Empowered Funds LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 56,877 shares of the real estate investment trust’s stock, valued at approximately $2,712,000.

A number of other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Omega Healthcare Investors during the 2nd quarter worth approximately $1,838,155,000. Bank of New York Mellon Corp acquired a new position in shares of Omega Healthcare Investors in the second quarter worth $275,230,000. Norges Bank acquired a new position in shares of Omega Healthcare Investors in the fourth quarter worth $156,166,000. Bank of America Corp DE purchased a new stake in shares of Omega Healthcare Investors during the second quarter worth $137,876,000. Finally, Invesco Ltd. increased its position in shares of Omega Healthcare Investors by 101.7% during the third quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock worth $208,775,000 after acquiring an additional 2,493,877 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $47.02 on Thursday. The business has a 50-day moving average of $48.35 and a two-hundred day moving average of $47.10. The company has a market capitalization of $14.25 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.89 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 1 year low of $39.26 and a 1 year high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The business’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities research analysts expect that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio is 97.14%.

Analysts Set New Price Targets

Several research firms recently commented on OHI. Cantor Fitzgerald boosted their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Raymond James Financial began coverage on Omega Healthcare Investors in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price target on the stock. Truist Financial cut 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 research note on Tuesday, June 9th. UBS Group set a $47.00 target price on shares of Omega Healthcare Investors in a report on Thursday, June 18th. Finally, Wells Fargo & Company lowered their price target on shares of Omega Healthcare Investors from $49.00 to $48.00 and set an “equal weight” rating for the company in a report on Tuesday. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Hold” and an average price target of $49.50.

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.