Applied Finance Capital Management LLC Trims Holdings in Omega Healthcare Investors, Inc. $OHI

Applied Finance Capital Management LLC decreased its holdings in Omega Healthcare Investors, Inc. (NYSE:OHI) by 9.7% in the 2nd quarter, Holdings Channel reports. The firm owned 21,291 shares of the real estate investment trust’s stock after selling 2,291 shares during the period. Applied Finance Capital Management LLC’s holdings in Omega Healthcare Investors were worth $780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of OHI. Bayforest Capital Ltd raised its position in Omega Healthcare Investors by 395.2% during the 2nd quarter. Bayforest Capital Ltd now owns 1,129 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 901 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Omega Healthcare Investors by 562.3% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,828 shares of the real estate investment trust’s stock valued at $67,000 after acquiring an additional 1,552 shares during the last quarter. Register Financial Advisors LLC acquired a new stake in Omega Healthcare Investors in the 2nd quarter valued at about $73,000. Trust Co. of Vermont acquired a new stake in Omega Healthcare Investors in the 2nd quarter valued at about $95,000. Finally, Meeder Asset Management Inc. grew its stake in Omega Healthcare Investors by 1,581.3% in the 1st quarter. Meeder Asset Management Inc. now owns 2,522 shares of the real estate investment trust’s stock valued at $96,000 after acquiring an additional 2,372 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Insider Buying and Selling at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the 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 directly owned 18,654 shares in the company, valued at $749,144.64. This represents a 11.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.50% of the stock is currently owned by insiders.

Omega Healthcare Investors Trading Up 1.8%

Shares of OHI stock opened at $41.07 on Friday. The firm has a market cap of $12.12 billion, a P/E ratio of 25.35, a PEG ratio of 1.89 and a beta of 0.70. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. The company has a debt-to-equity ratio of 0.96, a current ratio of 7.10 and a quick ratio of 7.10. The firm’s 50-day simple moving average is $41.58 and its 200-day simple moving average is $38.88.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.32. The business 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 company’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 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, equities analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have issued reports on OHI shares. Truist Financial raised 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. Raymond James Financial reaffirmed an “outperform” rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Mizuho raised their price target 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Omega Healthcare Investors in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company raised their price target 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. Six equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.38.

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.