OMERS ADMINISTRATION Corp Makes New Investment in Omega Healthcare Investors, Inc. $OHI

OMERS ADMINISTRATION Corp bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 278,178 shares of the real estate investment trust’s stock, valued at approximately $13,264,000.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada raised its stake in Omega Healthcare Investors by 29.4% in the 1st quarter. Royal Bank of Canada now owns 144,339 shares of the real estate investment trust’s stock valued at $5,496,000 after acquiring an additional 32,798 shares during the period. Focus Partners Wealth lifted its holdings in Omega Healthcare Investors by 3.1% during the first quarter. Focus Partners Wealth now owns 19,862 shares of the real estate investment trust’s stock valued at $756,000 after purchasing an additional 597 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Omega Healthcare Investors during the second quarter valued at about $257,000. Guggenheim Capital LLC boosted its position in Omega Healthcare Investors by 1.0% during the second quarter. Guggenheim Capital LLC now owns 29,398 shares of the real estate investment trust’s stock worth $1,077,000 after purchasing an additional 280 shares during the period. Finally, First Trust Advisors LP boosted its position in Omega Healthcare Investors by 32.8% during the second quarter. First Trust Advisors LP now owns 193,099 shares of the real estate investment trust’s stock worth $7,077,000 after purchasing an additional 47,649 shares during the period. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on OHI. Weiss Ratings upgraded shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, June 30th. Scotiabank cut their price objective on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating for the company in a report on Thursday, June 18th. Wells Fargo & Company raised their price target on Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Truist Financial reduced their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Finally, Cantor Fitzgerald boosted their price objective on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $49.21.

Omega Healthcare Investors Trading Up 0.1%

Shares of Omega Healthcare Investors stock opened at $46.66 on Monday. Omega Healthcare Investors, Inc. has a 12-month low of $39.26 and a 12-month high of $52.39. The company has a market cap of $14.14 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 1.89 and a beta of 0.57. The company’s 50-day moving average price is $48.18 and its 200-day moving average price is $47.02.

Omega Healthcare Investors (NYSE:OHI) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating the consensus estimate of $0.51 by $0.68. The company had revenue of $328.25 million during the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. Omega Healthcare Investors’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s payout ratio is 97.14%.

Omega Healthcare Investors Company 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.