Omega Healthcare Investors, Inc. $OHI Stake Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 7.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,182 shares of the real estate investment trust’s stock after acquiring an additional 279 shares during the quarter. Farther Finance Advisors LLC’s holdings in Omega Healthcare Investors were worth $153,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. United Services Automobile Association raised its holdings in Omega Healthcare Investors by 1.8% in the 1st quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock worth $632,000 after acquiring an additional 291 shares during the period. Optimum Investment Advisors boosted its position in shares of Omega Healthcare Investors by 8.9% during the 1st quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust’s stock valued at $140,000 after acquiring an additional 300 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Omega Healthcare Investors by 3.4% during the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock valued at $361,000 after purchasing an additional 310 shares during the last quarter. Values First Advisors Inc. lifted its holdings in Omega Healthcare Investors by 1.6% during the 1st quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 314 shares during the last quarter. Finally, QRG Capital Management Inc. raised its stake in shares of Omega Healthcare Investors by 0.5% in the first quarter. QRG Capital Management Inc. now owns 69,499 shares of the real estate investment trust’s stock worth $2,647,000 after acquiring an additional 341 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on OHI. Scotiabank boosted their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Truist Financial raised their price objective on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a report on Wednesday, September 3rd. Wells Fargo & Company increased their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Finally, Mizuho raised 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 note on Thursday, September 11th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.44.

Omega Healthcare Investors Trading Down 1.7%

NYSE:OHI opened at $41.60 on Friday. The firm’s fifty day moving average is $41.38 and its 200-day moving average is $38.68. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $44.42. The firm has a market cap of $12.27 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.22 and a beta of 0.70.

Omega Healthcare Investors (NYSE:OHI) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same period in the prior year, the firm earned $0.71 earnings per share. Omega Healthcare Investors’s revenue was up 11.8% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, August 4th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 annualized dividend and a yield of 6.4%. Omega Healthcare Investors’s dividend payout ratio is presently 165.43%.

Insider Activity at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

About Omega Healthcare Investors

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.