414,881 Shares in Omega Healthcare Investors, Inc. $OHI Purchased by Alyeska Investment Group L.P.

Key Points

• Alyeska Investment Group acquired 414,881 shares of Omega Healthcare Investors, valued at approximately $19.8 million, giving it a 0.14% stake. Institutional investors collectively own 65.25% of the REIT.
• Omega reported quarterly EPS of $1.19, well above the $0.51 analyst consensus, while revenue rose 16.2% year over year to $328.25 million. The company also increased its quarterly dividend to $0.68, representing a 6.0% annualized yield.
• Analysts maintain a consensus “Hold” rating, with an average price target of $49.57 versus the stock’s reported price of $45.67.

Alyeska Investment Group L.P. acquired a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 414,881 shares of the real estate investment trust's stock, valued at approximately $19,782,000. Alyeska Investment Group L.P. owned approximately 0.14% of Omega Healthcare Investors at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GeoWealth Management LLC boosted its stake in Omega Healthcare Investors by 1.3% during the 3rd quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust's stock worth $796,000 after purchasing an additional 239 shares during the last quarter. Bogart Wealth LLC raised its position in shares of Omega Healthcare Investors by 2.4% in the first quarter. Bogart Wealth LLC now owns 10,714 shares of the real estate investment trust's stock valued at $469,000 after buying an additional 253 shares during the last quarter. Community Bank of Raymore lifted its stake in shares of Omega Healthcare Investors by 1.0% in the first quarter. Community Bank of Raymore now owns 26,540 shares of the real estate investment trust's stock worth $1,163,000 after buying an additional 260 shares in the last quarter. EntryPoint Capital LLC lifted its stake in shares of Omega Healthcare Investors by 2.7% in the fourth quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust's stock worth $439,000 after buying an additional 260 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Omega Healthcare Investors by 40.9% during the second quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust's stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $45.67 on Tuesday. The company's 50-day simple moving average is $48.36 and its 200-day simple moving average is $47.10. Omega Healthcare Investors, Inc. has a 1 year low of $39.26 and a 1 year high of $52.39. The stock has a market capitalization of $13.84 billion, a PE ratio of 16.31, a P/E/G ratio of 1.86 and a beta of 0.57.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.68. The company 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%. The firm's quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.77 EPS. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. On average, sell-side analysts predict that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently declared 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 a boost 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 6.0%. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors's payout ratio is 97.14%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OHI. Weiss Ratings upgraded shares of Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, June 30th. Raymond James Financial assumed coverage on Omega Healthcare Investors in a report on Tuesday, June 16th. They set an "outperform" rating and a $50.00 target price on the stock. Wells Fargo & Company upped their price target 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 increased their price target on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, Royal Bank Of Canada increased their price objective on Omega Healthcare Investors from $47.00 to $48.00 and gave the stock a "sector perform" rating 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $49.57.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source