Empowered Funds LLC Invests $2.71 Million in Omega Healthcare Investors, Inc. $OHI

Empowered Funds LLC bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, Holdings Channel.com reports. The firm bought 56,877 shares of the real estate investment trust’s stock, valued at approximately $2,712,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. 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 worth $27,000 after buying an additional 450 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Omega Healthcare Investors by 40.9% in the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 268 shares during the period. Ascentis Independent Advisors acquired a new stake in shares of Omega Healthcare Investors in the first quarter valued at approximately $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Omega Healthcare Investors during the fourth quarter worth approximately $37,000. Finally, Rothschild Investment LLC grew its position in shares of Omega Healthcare Investors by 283.7% during the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 698 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

Omega Healthcare Investors stock opened at $47.02 on Thursday. The business has a 50 day simple moving average of $48.35 and a 200-day simple moving average of $47.10. Omega Healthcare Investors, Inc. has a 12 month low of $39.26 and a 12 month high of $52.39. The stock has a market capitalization of $14.25 billion, a PE ratio of 16.79, a price-to-earnings-growth ratio of 1.89 and a beta of 0.58.

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

Omega Healthcare Investors Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were paid a $0.68 dividend. This is a boost from Omega Healthcare Investors’s previous quarterly dividend of $0.67. The ex-dividend date was Monday, August 3rd. This represents a $2.72 annualized dividend and a dividend yield of 5.8%. Omega Healthcare Investors’s dividend payout ratio (DPR) is 97.14%.

Analyst Ratings Changes

A number of brokerages recently weighed in on OHI. Raymond James Financial began coverage on shares of Omega Healthcare Investors in a research note on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target for the company. UBS Group set a $47.00 price objective on shares of Omega Healthcare Investors in a research note on Thursday, June 18th. Citigroup upped their target price on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Cantor Fitzgerald increased their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company lowered their price target on Omega Healthcare Investors from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Tuesday. 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’s stock. Based on data from MarketBeat.com, Omega Healthcare Investors has a consensus rating of “Hold” and a consensus target price of $49.50.

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.