Omega Healthcare Investors, Inc. $OHI Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,785 shares of the real estate investment trust’s stock after buying an additional 14,656 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Omega Healthcare Investors were worth $5,441,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of OHI. Vanguard Group Inc. raised its holdings in shares of Omega Healthcare Investors by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 40,765,481 shares of the real estate investment trust’s stock valued at $1,494,055,000 after buying an additional 1,210,595 shares during the period. State Street Corp grew its position in Omega Healthcare Investors by 4.8% in the 2nd quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust’s stock valued at $534,792,000 after acquiring an additional 671,473 shares in the last quarter. Geode Capital Management LLC grew its position in Omega Healthcare Investors by 4.6% in the 2nd quarter. Geode Capital Management LLC now owns 7,377,761 shares of the real estate investment trust’s stock valued at $270,426,000 after acquiring an additional 326,595 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Omega Healthcare Investors by 2.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 4,201,353 shares of the real estate investment trust’s stock worth $153,980,000 after purchasing an additional 100,462 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Omega Healthcare Investors by 12.8% during the second quarter. Bank of New York Mellon Corp now owns 3,522,082 shares of the real estate investment trust’s stock worth $129,084,000 after purchasing an additional 398,930 shares in the last quarter. 65.25% of the stock is owned by institutional investors and hedge funds.

Omega Healthcare Investors Trading Down 1.8%

Shares of NYSE:OHI opened at $43.22 on Wednesday. Omega Healthcare Investors, Inc. has a 52 week low of $35.04 and a 52 week high of $46.36. The company’s 50 day moving average is $44.66 and its two-hundred day moving average is $42.39. The company has a market cap of $12.77 billion, a PE ratio of 24.15, a P/E/G ratio of 1.42 and a beta of 0.57. The company has a current ratio of 7.11, a quick ratio of 7.11 and a debt-to-equity ratio of 0.95.

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 (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.02. The business had revenue of $311.59 million during the quarter, compared to analysts’ expectations of $262.48 million. Omega Healthcare Investors had a net margin of 46.83% and a return on equity of 10.72%. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. Equities analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, CIO Vikas Gupta bought 11,500 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $42.97 per share, with a total value of $494,155.00. Following the transaction, the executive owned 13,773 shares of the company’s stock, valued at approximately $591,825.81. The trade was a 505.94% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO C Taylor Pickett bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The shares were acquired at an average price of $43.14 per share, with a total value of $862,800.00. Following the purchase, the chief executive officer owned 20,000 shares of the company’s stock, valued at $862,800. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Cantor Fitzgerald started coverage on shares of Omega Healthcare Investors in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $50.00 price objective for the company. Wells Fargo & Company raised their price target on shares of 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 boosted their price target on shares of Omega Healthcare Investors from $50.00 to $51.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Scotiabank increased their price objective on Omega Healthcare Investors from $42.00 to $45.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Finally, Citigroup reiterated a “buy” rating and issued a $50.00 target price (up from $45.00) on shares of Omega Healthcare Investors in a report on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.09.

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.