Canada Pension Plan Investment Board Acquires Shares of 214,200 Omega Healthcare Investors, Inc. $OHI

Canada Pension Plan Investment Board bought a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 214,200 shares of the real estate investment trust’s stock, valued at approximately $10,213,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Legal & General Group Plc purchased a new stake in shares of Omega Healthcare Investors in the second quarter valued at approximately $88,363,000. The Manufacturers Life Insurance Company purchased a new position in Omega Healthcare Investors during the second quarter worth approximately $10,602,000. Asset One Wealth Management LLC purchased a new position in Omega Healthcare Investors during the second quarter worth approximately $223,000. OMERS ADMINISTRATION Corp acquired a new position in Omega Healthcare Investors during the second quarter worth $13,264,000. Finally, Sanctuary Advisors LLC acquired a new position in Omega Healthcare Investors during the second quarter worth $1,736,000. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Omega Healthcare Investors Stock Down 0.7%

NYSE:OHI opened at $45.96 on Friday. Omega Healthcare Investors, Inc. has a 52 week low of $39.26 and a 52 week high of $52.39. The company has a market capitalization of $13.93 billion, a P/E ratio of 16.41, a P/E/G ratio of 1.86 and a beta of 0.57. The stock’s fifty day moving average is $48.35 and its two-hundred day moving average is $47.09.

Omega Healthcare Investors (NYSE:OHI) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 EPS for the quarter, beating the consensus estimate of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The company’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Sell-side 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 business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.9%. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Monday, August 3rd. Omega Healthcare Investors’s payout ratio is 97.14%.

Analyst Upgrades and Downgrades

OHI has been the topic of several recent research reports. UBS Group set a $47.00 price target on shares of Omega Healthcare Investors in a research report on Thursday, June 18th. Citigroup raised their price objective on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 target price on shares of Omega Healthcare Investors in a research note on Monday, May 4th. Wells Fargo & Company lifted their target price on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, Royal Bank Of Canada boosted their target price on shares of Omega Healthcare Investors from $47.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $49.21.

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.