Commonwealth Equity Services LLC Reduces Stock Position in Omega Healthcare Investors, Inc. $OHI

Commonwealth Equity Services LLC trimmed its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 8.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 302,997 shares of the real estate investment trust’s stock after selling 26,638 shares during the period. Commonwealth Equity Services LLC owned about 0.10% of Omega Healthcare Investors worth $12,793,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new stake in Omega Healthcare Investors in the second quarter valued at $26,000. Smartleaf Asset Management LLC grew its holdings in 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 acquiring an additional 268 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 943 shares during the last quarter. Salem Investment Counselors Inc. bought a new stake in shares of Omega Healthcare Investors in the 3rd quarter worth about $39,000. Finally, Bayforest Capital Ltd raised its stake in shares of Omega Healthcare Investors by 395.2% in the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Omega Healthcare Investors Trading Down 0.9%

Shares of NYSE OHI opened at $44.27 on Friday. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $46.36. The company has a market cap of $13.08 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 1.88 and a beta of 0.57. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.95. The stock’s 50 day simple moving average is $44.49 and its 200 day simple moving average is $41.71.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data 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 firm had revenue of $311.59 million during the quarter, compared to the consensus estimate of $262.48 million. Omega Healthcare Investors had a return on equity of 10.72% and a net margin of 46.83%.The firm’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 6.1%. Omega Healthcare Investors’s dividend payout ratio is currently 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 Omega Healthcare Investors stock in a transaction that occurred on Wednesday, November 5th. The stock was purchased at an average cost of $43.14 per share, with a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CIO Vikas Gupta purchased 11,500 shares of the stock in a transaction dated Thursday, November 6th. The shares were bought 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 in the company, valued at $591,825.81. This represents a 505.94% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Cantor Fitzgerald began coverage on shares of Omega Healthcare Investors in a research report on Wednesday, October 1st. They set an “overweight” rating and a $50.00 price target on the stock. UBS Group upped their price objective on Omega Healthcare Investors from $50.00 to $51.00 and gave the company a “buy” rating in a research note on Thursday. Citigroup reaffirmed a “buy” rating and set a $50.00 target price (up previously from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. Jefferies Financial Group reiterated a “hold” rating and issued a $45.00 price target on shares of Omega Healthcare Investors in a report on Monday, December 15th. Finally, BMO Capital Markets lowered Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price target on the stock. in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $47.09.

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.