255,444 Shares in Omega Healthcare Investors, Inc. $OHI Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management purchased 255,444 shares of Omega Healthcare Investors valued at approximately $12.18 million, while institutional investors and hedge funds collectively own 65.25% of the REIT.
• Analyst sentiment remains mixed, with six Buy, seven Hold, and two Sell ratings; the consensus target price is $49.21, compared with the stock’s reported price of $46.81.
• Omega Healthcare Investors exceeded quarterly earnings and revenue estimates, reporting $1.19 EPS and $328.25 million in revenue, and raised its quarterly dividend to $0.68 per share for an annualized yield of about 5.8%.

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 255,444 shares of the real estate investment trust's stock, valued at approximately $12,180,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.08% of Omega Healthcare Investors at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. State Street Corp raised its position in shares of Omega Healthcare Investors by 4.8% during the 2nd quarter. State Street Corp now owns 14,591,873 shares of the real estate investment trust's stock valued at $534,792,000 after buying an additional 671,473 shares during the period. Geode Capital Management LLC grew its position in Omega Healthcare Investors by 9.4% in the fourth quarter. Geode Capital Management LLC now owns 8,515,924 shares of the real estate investment trust's stock worth $377,648,000 after acquiring an additional 734,774 shares during the period. Bank of New York Mellon Corp purchased a new position in Omega Healthcare Investors in the second quarter worth approximately $275,230,000. Invesco Ltd. grew its position in Omega Healthcare Investors by 8.6% in the fourth quarter. Invesco Ltd. now owns 5,368,945 shares of the real estate investment trust's stock worth $238,059,000 after acquiring an additional 424,024 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Omega Healthcare Investors by 4.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,463,838 shares of the real estate investment trust's stock worth $197,927,000 after acquiring an additional 174,062 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on OHI. Royal Bank Of Canada lifted their target price on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a "sector perform" rating in a research report on Monday, May 4th. Truist Financial lowered their price target on Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating for the company in a report on Tuesday, June 9th. Citigroup raised their price objective on Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Raymond James Financial assumed coverage on shares of Omega Healthcare Investors in a report on Tuesday, June 16th. They issued an "outperform" rating and a $50.00 price objective on the stock. Finally, Cantor Fitzgerald upped their target price on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $49.21.

Omega Healthcare Investors Stock Performance

Omega Healthcare Investors stock opened at $46.81 on Friday. The company has a market capitalization of $14.18 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 1.90 and a beta of 0.57. Omega Healthcare Investors, Inc. has a fifty-two week low of $39.26 and a fifty-two week high of $52.39. The firm has a 50 day moving average price of $48.16 and a 200 day moving average price of $47.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its quarterly 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. Omega Healthcare Investors had a return on equity of 15.76% and a net margin of 66.96%.The company had revenue of $328.25 million for the quarter, compared to analysts' expectations of $266.97 million. During the same period in the prior year, the firm earned $0.77 earnings per share. The firm's revenue was up 16.2% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. As a group, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The company 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 5.8%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Omega Healthcare Investors's previous quarterly dividend of $0.67. Omega Healthcare Investors's dividend payout ratio is currently 97.14%.

Omega Healthcare Investors 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.

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