Inscription Capital LLC Has $1.25 Million Holdings in Omega Healthcare Investors, Inc. $OHI

Inscription Capital LLC lifted its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 232.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,546 shares of the real estate investment trust’s stock after purchasing an additional 20,663 shares during the period. Inscription Capital LLC’s holdings in Omega Healthcare Investors were worth $1,247,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in Omega Healthcare Investors in the second quarter valued at approximately $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 acquiring an additional 268 shares during the last quarter. CENTRAL TRUST Co raised its stake in 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 valued at $37,000 after acquiring an additional 943 shares during the period. Salem Investment Counselors Inc. acquired a new stake in Omega Healthcare Investors during the 3rd quarter valued at $39,000. Finally, Bayforest Capital Ltd lifted its holdings in 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 purchasing an additional 901 shares during the last quarter. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Price Performance

Shares of OHI stock opened at $45.02 on Wednesday. The business has a fifty day simple moving average of $44.69 and a 200 day simple moving average of $42.14. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month 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 company has a market cap of $13.30 billion, a P/E ratio of 25.15, a P/E/G ratio of 1.90 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $262.48 million. During the same period last year, the firm posted $0.71 earnings per share. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. On average, sell-side analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.68 annualized dividend and a dividend yield of 6.0%. Omega Healthcare Investors’s payout ratio is presently 149.72%.

Analyst Ratings Changes

OHI has been the topic of several research analyst reports. Truist Financial increased their price objective on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a research report on Monday, December 1st. Wells Fargo & Company increased their price target on shares of Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Citigroup restated a “buy” rating and set a $50.00 price objective (up previously from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. The Goldman Sachs Group initiated coverage on Omega Healthcare Investors in a research report on Friday, January 9th. They issued a “buy” rating and a $54.00 target price on the stock. Finally, Weiss Ratings cut Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, January 12th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $47.09.

Insider Activity at Omega Healthcare Investors

In other news, CEO C Taylor Pickett purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were purchased at an average price of $43.14 per share, with a total value of $862,800.00. Following the transaction, the chief executive officer directly owned 20,000 shares of the company’s stock, valued at approximately $862,800. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CIO Vikas Gupta bought 11,500 shares of the business’s stock in a transaction 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 transaction, the executive directly owned 13,773 shares of the company’s stock, valued at approximately $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. Corporate insiders own 1.50% of the company’s stock.

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.