Omega Healthcare Investors, Inc. $OHI Holdings Raised by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. increased its stake in Omega Healthcare Investors by 22.1%, owning 148,896 shares valued at approximately $5.67 million.
• Multiple institutional investors, including PFG Investments LLC and Two Sigma Advisers LP, have significantly raised their holdings in Omega Healthcare, showing a high level of interest in the stock.
• Omega Healthcare's latest earnings report revealed an EPS of $0.77, exceeding consensus estimates, and the company recently announced a quarterly dividend of $0.67 per share, reflecting a yield of 6.3%.

Advisors Asset Management Inc. boosted its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 22.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 148,896 shares of the real estate investment trust's stock after buying an additional 26,978 shares during the quarter. Advisors Asset Management Inc. owned 0.05% of Omega Healthcare Investors worth $5,670,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in Omega Healthcare Investors during the 1st quarter worth approximately $29,000. Dunhill Financial LLC grew its stake in shares of Omega Healthcare Investors by 97.9% during the 4th quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock worth $57,000 after purchasing an additional 750 shares during the period. CoreCap Advisors LLC grew its stake in shares of Omega Healthcare Investors by 177.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 1,009 shares during the period. Park Square Financial Group LLC acquired a new stake in shares of Omega Healthcare Investors during the 4th quarter worth approximately $61,000. Finally, UMB Bank n.a. grew its stake in shares of Omega Healthcare Investors by 94.9% during the 1st quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock worth $83,000 after purchasing an additional 1,059 shares during the period. 65.25% of the stock is owned by hedge funds and other institutional investors.

Omega Healthcare Investors Price Performance

Shares of OHI traded down $0.53 during trading hours on Tuesday, reaching $42.81. 1,430,174 shares of the company traded hands, compared to its average volume of 2,361,483. The stock has a fifty day simple moving average of $39.77 and a 200 day simple moving average of $38.09. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. The stock has a market capitalization of $12.63 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 2.26 and a beta of 0.71.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.32. The firm had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the company earned $0.71 EPS. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. As a group, research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Monday, August 4th. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 165.43%.

Insider Activity at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the sale, the director directly owned 18,654 shares in the company, valued at $749,144.64. The trade was a 11.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.50% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. Wells Fargo & Company lifted their price target on Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Truist Financial boosted their price objective on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. Raymond James Financial reaffirmed an "outperform" rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Finally, Scotiabank lifted their target price on Omega Healthcare Investors from $39.00 to $42.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Omega Healthcare Investors currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.38.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.