Dimensional Fund Advisors LP grew its position in Omega Healthcare Investors, Inc. (NYSE:OHI – Free Report) by 2.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,423,120 shares of the real estate investment trust’s stock after acquiring an additional 108,736 shares during the period. Dimensional Fund Advisors LP’s holdings in Omega Healthcare Investors were worth $193,824,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the business. Resources Management Corp CT ADV raised its holdings in shares of Omega Healthcare Investors by 300.0% during the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 450 shares during the period. Ascentis Independent Advisors acquired a new stake in Omega Healthcare Investors in the 1st quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Omega Healthcare Investors in the fourth quarter worth $37,000. Smartleaf Asset Management LLC increased its stake 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. Finally, Rothschild Investment LLC boosted its stake in shares of Omega Healthcare Investors by 283.7% during the 4th quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 698 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on OHI shares. Truist Financial dropped their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Barclays initiated coverage on Omega Healthcare Investors in a research note on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price objective on the stock. Raymond James Financial began coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price target on the stock. Royal Bank Of Canada boosted their target price on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Finally, Bank of America reiterated an “underperform” rating and issued a $46.00 price target (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $48.50.
Omega Healthcare Investors Stock Up 1.5%
Shares of OHI opened at $51.75 on Friday. The stock’s 50-day moving average price is $47.49 and its two-hundred day moving average price is $46.43. 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, Inc. has a 12 month low of $38.22 and a 12 month high of $51.92. The company has a market capitalization of $15.41 billion, a PE ratio of 25.00, a PEG ratio of 2.18 and a beta of 0.58.
Omega Healthcare Investors (NYSE:OHI – Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.47 earnings per share (EPS) 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 $322.95 million during the quarter, compared to analyst estimates of $264.07 million. During the same quarter in the previous year, the firm earned $0.75 EPS. Omega Healthcare Investors’s quarterly revenue was up 16.7% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.190-3.250 EPS. On average, analysts anticipate that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.
Omega Healthcare Investors Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, August 3rd will be paid a $0.68 dividend. The ex-dividend date is Monday, August 3rd. This represents a $2.72 annualized dividend and a dividend yield of 5.3%. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 129.47%.
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.
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