Omega Healthcare Investors, Inc. $OHI Holdings Lifted by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 562.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,828 shares of the real estate investment trust’s stock after purchasing an additional 1,552 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Omega Healthcare Investors were worth $67,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of OHI. AQR Capital Management LLC grew its position in Omega Healthcare Investors by 430.8% in the 1st quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust’s stock worth $108,989,000 after purchasing an additional 2,322,878 shares during the last quarter. Vanguard Group Inc. grew its position in Omega Healthcare Investors by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust’s stock worth $1,506,250,000 after purchasing an additional 1,492,904 shares during the last quarter. Invesco Ltd. grew its position in Omega Healthcare Investors by 122.3% in the 1st quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust’s stock worth $92,023,000 after purchasing an additional 1,329,324 shares during the last quarter. Nuveen LLC bought a new position in Omega Healthcare Investors in the 1st quarter worth about $42,513,000. Finally, Allspring Global Investments Holdings LLC grew its position in Omega Healthcare Investors by 556.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust’s stock worth $39,143,000 after purchasing an additional 871,472 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the completion of the sale, the director owned 18,654 shares in the company, valued at $749,144.64. This represents a 11.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

Omega Healthcare Investors Stock Down 0.7%

OHI stock opened at $41.45 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $44.42. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The company has a market cap of $12.23 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.17 and a beta of 0.71. The company has a 50 day moving average of $40.78 and a two-hundred day moving average of $38.41.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The company’s revenue was up 11.8% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were given a $0.67 dividend. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a yield of 6.5%. Omega Healthcare Investors’s dividend payout ratio is presently 165.43%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on OHI shares. Mizuho upped their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, September 11th. Royal Bank Of Canada increased their price objective on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a report on Thursday, August 7th. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Finally, Wells Fargo & Company increased their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, August 27th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $43.75.

Omega Healthcare Investors Profile

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.