Corient Private Wealth LP Acquires New Shares in Omega Healthcare Investors, Inc. $OHI

Corient Private Wealth LP acquired a new position in Omega Healthcare Investors, Inc. (NYSE:OHI) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 301,940 shares of the real estate investment trust’s stock, valued at approximately $14,397,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OHI. BlackRock Inc. acquired a new position in shares of Omega Healthcare Investors in the 2nd quarter valued at $1,838,155,000. Bank of New York Mellon Corp purchased a new position in shares of Omega Healthcare Investors during the 2nd quarter worth $275,230,000. Norges Bank acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter worth about $156,166,000. Bank of America Corp DE acquired a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $137,876,000. Finally, Invesco Ltd. raised its holdings in Omega Healthcare Investors by 101.7% in the 3rd quarter. Invesco Ltd. now owns 4,944,921 shares of the real estate investment trust’s stock valued at $208,775,000 after buying an additional 2,493,877 shares during the period. Institutional investors and hedge funds own 65.25% of the company’s stock.

Omega Healthcare Investors Price Performance

NYSE OHI opened at $45.96 on Friday. The company has a market cap 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 has a 50-day moving average of $48.35 and a two-hundred day moving average of $47.09. 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 issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.68. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business had revenue of $328.25 million for the quarter, compared to analysts’ expectations of $266.97 million. During the same quarter in the prior year, the company earned $0.77 earnings per share. The business’s quarterly revenue was up 16.2% on a year-over-year basis. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, analysts anticipate that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors 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%. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Omega Healthcare Investors’s previous quarterly dividend of $0.67. Omega Healthcare Investors’s payout ratio is currently 97.14%.

Analysts Set New Price Targets

OHI has been the topic of several recent analyst reports. Truist Financial decreased their price objective on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Tuesday, June 9th. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 target price on shares of Omega Healthcare Investors in a report on Monday, May 4th. Wells Fargo & Company boosted their target price on Omega Healthcare Investors from $47.00 to $49.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Cantor Fitzgerald upped their price target on 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, Raymond James Financial assumed coverage on Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an “outperform” rating and a $50.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Omega Healthcare Investors has an average 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.