Knights of Columbus Asset Advisors LLC Cuts Stock Position in Omega Healthcare Investors, Inc. $OHI

Knights of Columbus Asset Advisors LLC trimmed its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 24.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 147,455 shares of the real estate investment trust’s stock after selling 47,626 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Omega Healthcare Investors were worth $5,404,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of OHI. Vanguard Group Inc. boosted its stake in shares of Omega Healthcare Investors by 3.9% in the first quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust’s stock valued at $1,506,250,000 after purchasing an additional 1,492,904 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Omega Healthcare Investors by 2.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,100,891 shares of the real estate investment trust’s stock worth $156,162,000 after buying an additional 114,665 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Omega Healthcare Investors by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust’s stock valued at $154,533,000 after buying an additional 165,554 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Omega Healthcare Investors by 6.4% in the first quarter. Bank of New York Mellon Corp now owns 3,123,152 shares of the real estate investment trust’s stock worth $118,930,000 after acquiring an additional 188,481 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of Omega Healthcare Investors by 430.8% in the first quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust’s stock worth $108,989,000 after acquiring an additional 2,322,878 shares in the last quarter. 65.25% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on OHI shares. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Saturday, September 27th. Scotiabank boosted their price objective on Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Cantor Fitzgerald started coverage on shares of Omega Healthcare Investors in a research note on Wednesday. They set an “overweight” rating and a $50.00 target price on the stock. Finally, Truist Financial lifted their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $44.44.

Omega Healthcare Investors Price Performance

Shares of NYSE OHI opened at $41.13 on Monday. The stock’s 50-day simple moving average is $41.42 and its 200-day simple moving average is $38.72. The firm has a market capitalization of $12.13 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 2.15 and a beta of 0.70. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating the consensus estimate of $0.45 by $0.32. The company had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a yield of 6.5%. Omega Healthcare Investors’s payout ratio is 165.43%.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the firm’s stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director owned 18,654 shares of the company’s stock, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Omega Healthcare Investors Company Profile

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.