Omega Healthcare Investors, Inc. $OHI Shares Sold by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management reduced its position in Omega Healthcare Investors, Inc. (NYSE:OHI) by 6.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,750 shares of the real estate investment trust’s stock after selling 650 shares during the period. Keudell Morrison Wealth Management’s holdings in Omega Healthcare Investors were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC raised its position in Omega Healthcare Investors by 7.1% during the second quarter. Farther Finance Advisors LLC now owns 4,182 shares of the real estate investment trust’s stock worth $153,000 after acquiring an additional 279 shares during the period. United Services Automobile Association raised its position in Omega Healthcare Investors by 1.8% during the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust’s stock worth $632,000 after acquiring an additional 291 shares during the period. Optimum Investment Advisors raised its position in Omega Healthcare Investors by 8.9% during the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust’s stock worth $140,000 after acquiring an additional 300 shares during the period. CreativeOne Wealth LLC raised its position in Omega Healthcare Investors by 3.4% during the first quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust’s stock worth $361,000 after acquiring an additional 310 shares during the period. Finally, Values First Advisors Inc. raised its position in Omega Healthcare Investors by 1.6% during the first quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust’s stock worth $750,000 after acquiring an additional 314 shares during the period. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $41.13 on Friday. Omega Healthcare Investors, Inc. has a 52-week low of $35.04 and a 52-week high of $44.42. The firm has a market capitalization of $12.13 billion, a price-to-earnings ratio of 25.39, a PEG ratio of 2.15 and a beta of 0.70. The company has a fifty day simple moving average of $41.42 and a 200-day simple moving average of $38.71. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS 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 dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.68 annualized dividend and a dividend yield of 6.5%. Omega Healthcare Investors’s payout ratio is presently 165.43%.

Analyst Ratings Changes

OHI has been the subject of a number of research analyst reports. Truist Financial upped 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 report on Wednesday, September 3rd. Mizuho upped 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 report on Thursday, September 11th. Weiss Ratings restated a “buy (b)” rating on shares of Omega Healthcare Investors in a research report on Saturday, September 27th. Cantor Fitzgerald assumed coverage on shares of Omega Healthcare Investors in a research report on Wednesday. They set an “overweight” rating and a $50.00 price objective for the company. Finally, Wells Fargo & Company upped their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $44.44.

Insider Buying and Selling at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the business’s stock in a transaction dated Friday, August 8th. The shares were 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. The trade was a 11.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

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.