Omega Healthcare Investors, Inc. $OHI Shares Sold by Edmp Inc.

Edmp Inc. lessened its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 1.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 117,255 shares of the real estate investment trust’s stock after selling 1,729 shares during the quarter. Omega Healthcare Investors comprises about 3.7% of Edmp Inc.’s investment portfolio, making the stock its 7th biggest position. Edmp Inc.’s holdings in Omega Healthcare Investors were worth $4,297,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Omega Healthcare Investors by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust’s stock worth $1,506,250,000 after buying an additional 1,492,904 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of 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 during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Omega Healthcare Investors by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust’s stock worth $154,533,000 after buying an additional 165,554 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Omega Healthcare Investors by 6.4% during the 1st 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 buying an additional 188,481 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Omega Healthcare Investors by 430.8% during the 1st quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust’s stock worth $108,989,000 after buying an additional 2,322,878 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Down 0.9%

Shares of Omega Healthcare Investors stock opened at $39.47 on Tuesday. The firm’s 50 day moving average is $41.57 and its 200 day moving average is $38.83. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $44.42. The firm has a market capitalization of $11.64 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 1.86 and a beta of 0.70.

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

Omega Healthcare Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were given a $0.67 dividend. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.8%. Omega Healthcare Investors’s payout ratio is 165.43%.

Insider Activity

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the business’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the transaction, the director owned 18,654 shares in the company, valued at approximately $749,144.64. The trade was a 11.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on OHI shares. Wells Fargo & Company lifted their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 27th. Raymond James Financial reiterated an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Scotiabank lifted their price objective on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Truist Financial lifted their price objective 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. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Seven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Omega Healthcare Investors has an average rating of “Moderate Buy” and a consensus target price of $44.44.

Omega Healthcare Investors 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.