DekaBank Deutsche Girozentrale Has $2.17 Million Position in Omega Healthcare Investors, Inc. $OHI

DekaBank Deutsche Girozentrale raised its stake in Omega Healthcare Investors, Inc. (NYSE:OHI) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,580 shares of the real estate investment trust’s stock after purchasing an additional 1,291 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Omega Healthcare Investors were worth $2,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Omega Healthcare Investors by 3.9% in the first quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust’s stock valued at $1,506,250,000 after purchasing an additional 1,492,904 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Omega Healthcare Investors by 2.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,100,891 shares of the real estate investment trust’s stock valued at $156,162,000 after purchasing an additional 114,665 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Omega Healthcare Investors by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust’s stock valued at $154,533,000 after purchasing an additional 165,554 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Omega Healthcare Investors by 6.4% in the first quarter. Bank of New York Mellon Corp now owns 3,123,152 shares of the real estate investment trust’s stock valued at $118,930,000 after acquiring an additional 188,481 shares during the period. Finally, AQR Capital Management LLC boosted its position in shares of Omega Healthcare Investors by 430.8% in the first quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust’s stock valued at $108,989,000 after acquiring an additional 2,322,878 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Mizuho boosted their target price on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Truist Financial boosted their target price on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Cantor Fitzgerald assumed coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 target price for the company. Finally, Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company an “overweight” rating in a research report on Tuesday. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $44.50.

Omega Healthcare Investors Trading Down 0.5%

OHI opened at $40.48 on Friday. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.42. The company has a 50-day simple moving average of $41.59 and a 200 day simple moving average of $39.02. 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 stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 1.89 and a beta of 0.70.

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

Insiders Place Their Bets

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 transaction of $100,400.00. Following the completion of the sale, the director owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This represents a 11.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

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.