Ieq Capital LLC Takes $1.57 Million Position in Omega Healthcare Investors, Inc. $OHI

Ieq Capital LLC bought a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 32,924 shares of the real estate investment trust’s stock, valued at approximately $1,570,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of OHI. Resources Management Corp CT ADV increased its position in Omega Healthcare Investors by 300.0% during 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 acquiring an additional 450 shares during the last quarter. Ascentis Independent Advisors bought a new stake in shares of Omega Healthcare Investors in the 1st quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Omega Healthcare Investors during the 4th quarter worth about $37,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Omega Healthcare Investors by 53.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 906 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 315 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in Omega Healthcare Investors by 40.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on OHI. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 price objective on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Cantor Fitzgerald upped their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Scotiabank reduced their price target on Omega Healthcare Investors from $50.00 to $47.00 and set a “sector perform” rating on the stock in a report on Thursday, June 18th. Royal Bank Of Canada raised their price target on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Finally, Raymond James Financial started coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price objective for the company. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $49.21.

Omega Healthcare Investors Price Performance

Shares of OHI opened at $46.92 on Wednesday. The firm has a market capitalization of $14.22 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 1.88 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 1-year low of $39.26 and a 1-year high of $52.39. The company has a 50-day moving average of $48.24 and a 200 day moving average of $47.08.

Omega Healthcare Investors (NYSE:OHI) last issued 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 business had revenue of $328.25 million for the quarter, compared to the consensus estimate of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, equities analysts anticipate that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued 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 dividend yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 97.14%.

Omega Healthcare Investors Company Profile

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.