Osaic Holdings Inc. Boosts Position in Omega Healthcare Investors, Inc. $OHI

Osaic Holdings Inc. increased its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 62.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 221,315 shares of the real estate investment trust’s stock after acquiring an additional 84,946 shares during the quarter. Osaic Holdings Inc. owned approximately 0.08% of Omega Healthcare Investors worth $8,226,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in Omega Healthcare Investors during the second quarter worth about $26,000. Smartleaf Asset Management LLC increased its holdings in shares of Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 268 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of Omega Healthcare Investors by 1,654.4% during the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 943 shares during the period. Bayforest Capital Ltd raised its position in shares of Omega Healthcare Investors by 395.2% during the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 901 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in Omega Healthcare Investors in the second quarter valued at approximately $41,000. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analysts Forecast Growth

OHI has been the subject of several recent analyst reports. Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Wells Fargo & Company upped their price target on Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. Truist Financial raised their price objective on Omega Healthcare Investors from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, December 1st. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Finally, Mizuho upped 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. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.44.

Insider Activity at Omega Healthcare Investors

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

Omega Healthcare Investors Trading Down 1.1%

OHI opened at $44.00 on Monday. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $46.36. The company has a quick ratio of 7.11, a current ratio of 7.11 and a debt-to-equity ratio of 0.95. The business has a fifty day simple moving average of $43.31 and a 200-day simple moving average of $40.97. The firm has a market cap of $13.00 billion, a P/E ratio of 24.58, a P/E/G ratio of 1.96 and a beta of 0.56.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 10.72% and a net margin of 46.83%.The firm had revenue of $311.59 million for the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the previous year, the business earned $0.71 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio is currently 149.72%.

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.