Gallacher Capital Management LLC Acquires New Stake in Omega Healthcare Investors, Inc. $OHI

Gallacher Capital Management LLC acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the first quarter, Holdings Channel reports. The fund acquired 13,578 shares of the real estate investment trust’s stock, valued at approximately $595,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its stake in shares of Omega Healthcare Investors by 91.9% in the fourth quarter. BNP Paribas Financial Markets now owns 389,305 shares of the real estate investment trust’s stock worth $17,262,000 after buying an additional 186,399 shares in the last quarter. CPC Advisors LLC acquired a new position in Omega Healthcare Investors during the fourth quarter worth about $3,050,000. Pensionfund PDN purchased a new stake in Omega Healthcare Investors during the 4th quarter valued at about $2,053,000. BOKF NA grew its stake in Omega Healthcare Investors by 51.8% during the 4th quarter. BOKF NA now owns 189,095 shares of the real estate investment trust’s stock valued at $8,384,000 after acquiring an additional 64,539 shares in the last quarter. Finally, Oxbow Advisors LLC purchased a new stake in Omega Healthcare Investors during the 1st quarter valued at about $7,373,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 3.8%

OHI opened at $49.79 on Friday. The stock has a market capitalization of $14.83 billion, a PE ratio of 24.05, a P/E/G ratio of 2.05 and a beta of 0.58. Omega Healthcare Investors, Inc. has a one year low of $37.58 and a one year high of $50.10. The company has a debt-to-equity ratio of 0.81, a quick ratio of 5.32 and a current ratio of 5.32. The business’s 50 day moving average price is $47.11 and its 200 day moving average price is $46.19.

Omega Healthcare Investors (NYSE:OHI) last posted 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 return on equity of 11.86% and a net margin of 51.14%.The business had revenue of $322.95 million for the quarter, compared to analyst estimates of $264.07 million. During the same period last year, the business earned $0.75 EPS. Omega Healthcare Investors’s revenue 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. As a group, equities research analysts expect that Omega Healthcare Investors, Inc. will post 3.09 EPS for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, May 4th. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 129.47%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Bank of America reissued an “underperform” rating and issued a $46.00 target price (down from $52.00) on shares of Omega Healthcare Investors in a research note on Tuesday, April 14th. Wells Fargo & Company upped their target price on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Royal Bank Of Canada lifted their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Scotiabank lowered their price target on shares of Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Finally, Weiss Ratings raised shares of Omega Healthcare Investors from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, June 30th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of “Hold” and an average target price of $48.50.

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.