Handelsbanken Fonder AB grew its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 21.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 88,913 shares of the real estate investment trust’s stock after acquiring an additional 15,600 shares during the period. Handelsbanken Fonder AB’s holdings in Omega Healthcare Investors were worth $3,942,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted its position 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 purchasing an additional 268 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Omega Healthcare Investors in the 4th quarter worth about $47,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Omega Healthcare Investors by 823.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,228 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 1,095 shares in the last quarter. Addison Advisors LLC purchased a new stake in shares of Omega Healthcare Investors in the 3rd quarter worth about $59,000. Finally, CI Investments Inc. boosted its position in shares of Omega Healthcare Investors by 19.8% in the 3rd quarter. CI Investments Inc. now owns 1,715 shares of the real estate investment trust’s stock worth $72,000 after buying an additional 283 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $46.00 to $48.00 and gave the stock a “hold” rating in a research report on Thursday, March 5th. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a research report on Monday, May 4th. Citigroup boosted their price objective on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Bank of America reiterated an “underperform” rating and issued a $46.00 price objective (down from $52.00) on shares of Omega Healthcare Investors in a research report on Tuesday, April 14th. Finally, Cantor Fitzgerald boosted their price objective on shares of Omega Healthcare Investors from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $49.00.
Omega Healthcare Investors Trading Down 0.7%
Shares of OHI stock opened at $47.94 on Friday. The firm has a 50-day moving average price of $46.36 and a 200 day moving average price of $45.53. Omega Healthcare Investors, Inc. has a twelve month low of $35.70 and a twelve month high of $49.33. The company has a market capitalization of $14.28 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 2.14 and a beta of 0.59. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.81.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.02). Omega Healthcare Investors had a net margin of 51.14% and a return on equity of 11.86%. The firm had revenue of $322.96 million during the quarter, compared to analyst estimates of $264.07 million. During the same period in the previous year, the firm posted $0.75 EPS. The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. Research analysts forecast that Omega Healthcare Investors, Inc. will post 3.06 earnings per share for the current fiscal year.
Omega Healthcare Investors Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were paid a $0.67 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.68 annualized dividend and a yield of 5.6%. Omega Healthcare Investors’s payout ratio is presently 129.47%.
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.
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