Portland Financial Advisors Inc Takes $2.32 Million Position in Omega Healthcare Investors, Inc. $OHI

Portland Financial Advisors Inc acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 48,712 shares of the real estate investment trust’s stock, valued at approximately $2,323,000. Omega Healthcare Investors comprises approximately 4.2% of Portland Financial Advisors Inc’s investment portfolio, making the stock its 6th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Csenge Advisory Group purchased a new position in Omega Healthcare Investors in the second quarter valued at $2,112,000. Shepherd Financial Partners LLC acquired a new stake in Omega Healthcare Investors in the second quarter valued at $736,000. Tocqueville Asset Management L.P. purchased a new stake in Omega Healthcare Investors during the 2nd quarter worth about $322,000. Denali Advisors LLC lifted its holdings in Omega Healthcare Investors by 2.0% during the 2nd quarter. Denali Advisors LLC now owns 30,287 shares of the real estate investment trust’s stock worth $1,444,000 after buying an additional 606 shares during the last quarter. Finally, NewEdge Wealth LLC acquired a new position in shares of Omega Healthcare Investors during the 2nd quarter worth about $207,000. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Stock Performance

Shares of OHI stock opened at $46.94 on Thursday. The stock’s 50-day moving average is $48.13 and its two-hundred day moving average is $46.98. Omega Healthcare Investors, Inc. has a 1 year low of $39.26 and a 1 year high of $52.39. The firm has a market cap 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 (NYSE:OHI) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.68. The business had revenue of $328.25 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, research analysts predict that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Monday, August 3rd were paid a $0.68 dividend. This is an increase 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%. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors’s dividend payout ratio (DPR) is presently 97.14%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on OHI. Raymond James Financial assumed coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They issued an “outperform” rating and a $50.00 price objective on the stock. Barclays started coverage on Omega Healthcare Investors in a report on Tuesday, July 7th. They issued an “underweight” rating and a $51.00 price target for the company. Citigroup increased their price target 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. Wells Fargo & Company raised their price objective on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Finally, BMO Capital Markets restated a “market perform” rating and set a $52.00 price objective on shares of Omega Healthcare Investors in a research report on Monday, May 4th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus 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.