Omega Healthcare Investors, Inc. $OHI Shares Acquired by Amalgamated Bank

Amalgamated Bank raised its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) by 3.0% in the second quarter, Holdings Channel.com reports. The fund owned 132,479 shares of the real estate investment trust’s stock after acquiring an additional 3,856 shares during the quarter. Amalgamated Bank’s holdings in Omega Healthcare Investors were worth $4,855,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in OHI. GAMMA Investing LLC raised its holdings in shares of Omega Healthcare Investors by 14.2% during the first quarter. GAMMA Investing LLC now owns 4,572 shares of the real estate investment trust’s stock valued at $174,000 after acquiring an additional 568 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Omega Healthcare Investors by 7.2% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 57,766 shares of the real estate investment trust’s stock valued at $2,200,000 after acquiring an additional 3,897 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Omega Healthcare Investors by 4.2% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 57,192 shares of the real estate investment trust’s stock worth $2,178,000 after purchasing an additional 2,300 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Omega Healthcare Investors by 4.7% in the first quarter. Principal Financial Group Inc. now owns 647,809 shares of the real estate investment trust’s stock valued at $24,669,000 after purchasing an additional 29,001 shares in the last quarter. Finally, Checchi Capital Advisers LLC increased its holdings in shares of Omega Healthcare Investors by 13.6% in the first quarter. Checchi Capital Advisers LLC now owns 11,282 shares of the real estate investment trust’s stock valued at $430,000 after purchasing an additional 1,348 shares during the last quarter. Institutional investors and hedge funds own 65.25% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Scotiabank lifted 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. Wells Fargo & Company upped their price objective on shares of Omega Healthcare Investors from $44.00 to $45.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Mizuho upped their price objective on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. Royal Bank Of Canada upped their price objective on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the company a “sector perform” rating in a report on Thursday, August 7th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $43.86.

Omega Healthcare Investors Trading Up 5.5%

OHI opened at $42.07 on Friday. Omega Healthcare Investors, Inc. has a one year low of $35.04 and a one year high of $44.42. The stock has a market capitalization of $12.41 billion, a PE ratio of 25.97, a P/E/G ratio of 1.85 and a beta of 0.70. The business’s 50 day moving average price is $41.47 and its 200 day moving average price is $39.12. 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 released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm had revenue of $260.74 million for the quarter, compared to analysts’ expectations of $262.48 million. During the same period in the prior year, the firm posted $0.71 earnings per share. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.080-3.100 EPS. As a group, equities research analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be issued a $0.67 dividend. The ex-dividend date is Monday, November 3rd. This represents a $2.68 dividend on an annualized basis and a yield of 6.4%. Omega Healthcare Investors’s dividend payout ratio is currently 165.43%.

Insider Transactions at Omega Healthcare Investors

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

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.