Hudson Bay Capital Management LP Makes New $71.31 Million Investment in Omega Healthcare Investors, Inc. $OHI

Hudson Bay Capital Management LP bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,945,747 shares of the real estate investment trust’s stock, valued at approximately $71,312,000. Omega Healthcare Investors comprises about 0.2% of Hudson Bay Capital Management LP’s investment portfolio, making the stock its 27th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in Omega Healthcare Investors in the second quarter valued at approximately $26,000. CENTRAL TRUST Co boosted its position in shares of Omega Healthcare Investors by 1,654.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,000 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 943 shares during the last quarter. Bayforest Capital Ltd increased its holdings in Omega Healthcare Investors by 395.2% in the second quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 901 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in Omega Healthcare Investors in the second quarter valued at about $41,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Omega Healthcare Investors during the second quarter worth about $63,000. 65.25% of the stock is owned by institutional investors.

Omega Healthcare Investors Stock Performance

NYSE OHI opened at $44.05 on Friday. The firm has a market capitalization of $13.02 billion, a P/E ratio of 24.61, a price-to-earnings-growth ratio of 1.95 and a beta of 0.56. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.95. The firm’s fifty day moving average price is $42.93 and its two-hundred day moving average price is $40.66. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $46.36.

Omega Healthcare Investors (NYSE:OHI) last released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.02. Omega Healthcare Investors had a net margin of 46.83% and a return on equity of 10.72%. The company had revenue of $311.59 million for the quarter, compared to analyst estimates of $262.48 million. During the same period in the previous year, the business earned $0.71 EPS. Omega Healthcare Investors’s revenue for the quarter was up 14.4% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Monday, November 3rd. Omega Healthcare Investors’s dividend payout ratio is currently 149.72%.

Insider Buying and Selling at Omega Healthcare Investors

In other news, CIO Vikas Gupta bought 11,500 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average price of $42.97 per share, with a total value of $494,155.00. Following the completion of the acquisition, the executive owned 13,773 shares of the company’s stock, valued at $591,825.81. This represents a 505.94% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO C Taylor Pickett bought 20,000 shares of Omega Healthcare Investors stock in a transaction dated Wednesday, November 5th. The stock was acquired at an average cost of $43.14 per share, with a total value of $862,800.00. Following the transaction, the chief executive officer owned 20,000 shares of the company’s stock, valued at $862,800. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 1.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Mizuho lifted their price objective on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Wells Fargo & Company boosted their price objective on Omega Healthcare Investors from $45.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. UBS Group assumed coverage on Omega Healthcare Investors in a research note on Tuesday, November 18th. They set a “buy” rating and a $50.00 target price for the company. Truist Financial upped their price target on shares of Omega Healthcare Investors from $44.00 to $46.00 and gave the company a “hold” rating in a report on Monday, December 1st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $46.63.

About Omega Healthcare Investors

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.