Strs Ohio Sells 23,613 Shares of Omega Healthcare Investors, Inc. $OHI

Strs Ohio lowered its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 316,554 shares of the real estate investment trust’s stock after selling 23,613 shares during the period. Strs Ohio owned approximately 0.11% of Omega Healthcare Investors worth $13,365,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of Omega Healthcare Investors in the second quarter valued at approximately $26,000. Smartleaf Asset Management LLC raised its position in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. CENTRAL TRUST Co lifted its stake in 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 acquiring an additional 943 shares in the last quarter. Salem Investment Counselors Inc. purchased a new position in Omega Healthcare Investors during the 3rd quarter worth $39,000. Finally, Bayforest Capital Ltd grew 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 worth $41,000 after acquiring an additional 901 shares in the last quarter. 65.25% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on OHI. Scotiabank raised their price target on shares of Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Weiss Ratings lowered shares of Omega Healthcare Investors from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, January 12th. Royal Bank Of Canada lifted their target price on shares of 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. Jefferies Financial Group restated a “hold” rating and issued a $45.00 target price on shares of Omega Healthcare Investors in a research note on Monday, December 15th. Finally, BMO Capital Markets downgraded Omega Healthcare Investors from an “outperform” rating to a “market perform” rating and set a $45.00 price target for the company. in a research report on Friday, January 9th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Moderate Buy” and a consensus price target of $47.09.

Insider Buying and Selling at Omega Healthcare Investors

In other news, CIO Vikas Gupta purchased 11,500 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average price of $42.97 per share, for a total transaction of $494,155.00. Following the purchase, the executive owned 13,773 shares of the company’s stock, valued at $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Taylor Pickett acquired 20,000 shares of the firm’s 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 acquisition, the chief executive officer owned 20,000 shares in the company, valued at $862,800. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. 1.50% of the stock is currently owned by corporate insiders.

Omega Healthcare Investors Stock Up 0.9%

OHI opened at $43.66 on Monday. 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 stock has a market cap of $12.90 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 1.41 and a beta of 0.57. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $46.36. The company’s 50-day moving average price is $44.70 and its two-hundred day moving average price is $42.30.

Omega Healthcare Investors (NYSE:OHI) last posted its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 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 business had revenue of $311.59 million for the quarter, compared to the consensus estimate of $262.48 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. Omega Healthcare Investors’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. As a group, equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

About Omega Healthcare Investors

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.