Commerce Bank Invests $6.58 Million in Omega Healthcare Investors, Inc. $OHI

Commerce Bank bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, Holdings Channel reports. The firm bought 137,952 shares of the real estate investment trust’s stock, valued at approximately $6,578,000.

Other large investors have also added to or reduced their stakes in the company. Resources Management Corp CT ADV lifted its holdings in shares of Omega Healthcare Investors by 300.0% in the fourth quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 450 shares in the last quarter. Ascentis Independent Advisors purchased a new position in shares of Omega Healthcare Investors during the first quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Omega Healthcare Investors during the fourth quarter worth $37,000. MassMutual Private Wealth & Trust FSB grew its holdings in Omega Healthcare Investors by 53.3% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 315 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 268 shares during the last quarter. Institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Trading Up 0.1%

OHI stock opened at $46.66 on Monday. The stock has a market cap of $14.14 billion, a P/E ratio of 16.66, a P/E/G ratio of 1.89 and a beta of 0.57. The stock’s fifty day simple moving average is $48.18 and its two-hundred day simple moving average is $47.02. Omega Healthcare Investors, Inc. has a 1-year low of $39.26 and a 1-year high of $52.39.

Omega Healthcare Investors (NYSE:OHI) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.68. The company had revenue of $328.25 million for the quarter, compared to analysts’ expectations of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a $0.68 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from Omega Healthcare Investors’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio is presently 97.14%.

Analysts Set New Price Targets

Several brokerages have weighed in on OHI. Truist Financial dropped their price objective on Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Raymond James Financial started coverage on shares of Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target on the stock. BMO Capital Markets restated a “market perform” rating and set a $52.00 price target on shares of Omega Healthcare Investors in a report on Monday, May 4th. Barclays began coverage on shares of Omega Healthcare Investors in a research report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price objective for the company. Finally, Citigroup increased their price objective on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $49.21.

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.