Advisors Capital Management LLC Purchases 111,796 Shares of Omega Healthcare Investors, Inc. $OHI

Advisors Capital Management LLC increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 14.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 886,908 shares of the real estate investment trust’s stock after purchasing an additional 111,796 shares during the quarter. Advisors Capital Management LLC owned approximately 0.31% of Omega Healthcare Investors worth $32,505,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pallas Capital Advisors LLC grew its holdings in shares of Omega Healthcare Investors by 59.0% in the second quarter. Pallas Capital Advisors LLC now owns 11,915 shares of the real estate investment trust’s stock valued at $437,000 after purchasing an additional 4,420 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Omega Healthcare Investors by 4.3% during 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 in the last quarter. Ontario Teachers Pension Plan Board lifted its position in Omega Healthcare Investors by 73.2% during the first quarter. Ontario Teachers Pension Plan Board now owns 67,919 shares of the real estate investment trust’s stock valued at $2,586,000 after purchasing an additional 28,701 shares during the last quarter. CWM LLC grew its stake in shares of Omega Healthcare Investors by 161.8% in the 1st quarter. CWM LLC now owns 23,598 shares of the real estate investment trust’s stock worth $899,000 after buying an additional 14,583 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Omega Healthcare Investors by 58.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 460,755 shares of the real estate investment trust’s stock worth $17,546,000 after buying an additional 170,179 shares in the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Down 0.6%

Shares of Omega Healthcare Investors stock opened at $43.42 on Friday. The stock has a market cap of $12.83 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.85 and a beta of 0.69. The firm’s 50-day moving average is $41.62 and its two-hundred day moving average is $39.43. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $44.40.

Omega Healthcare Investors (NYSE:OHI) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $311.59 million during the quarter, compared to the consensus estimate of $262.48 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, November 3rd. Omega Healthcare Investors’s payout ratio is presently 149.72%.

Insider Buying and Selling at Omega Healthcare Investors

In other Omega Healthcare Investors news, CEO C Taylor Pickett acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was acquired at an average cost of $43.14 per share, for a total transaction of $862,800.00. Following the purchase, the chief executive officer owned 20,000 shares in the company, valued at approximately $862,800. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CIO Vikas Gupta bought 11,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were acquired at an average price of $42.97 per share, with a total value of $494,155.00. Following the completion of the transaction, the executive directly owned 13,773 shares of the company’s stock, valued at $591,825.81. This trade represents a 505.94% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

OHI has been the subject of several recent research reports. Royal Bank Of Canada lifted their price target on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. Mizuho raised their price objective on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, September 11th. Scotiabank boosted their target price on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research report on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.38.

Omega Healthcare Investors Company 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.