Advisors Capital Management LLC Purchases Shares of 975,875 Omega Healthcare Investors, Inc. $OHI

Key Points

• Advisors Capital Management purchased 975,875 shares of Omega Healthcare Investors in the second quarter, valued at approximately $46.5 million, giving it a 0.32% stake. Institutional investors collectively own 65.25% of OHI.
• Analyst sentiment is mixed, with six Buy, seven Hold, and two Sell ratings; the consensus rating is Hold and the average price target is $49.21.
• Omega reported quarterly EPS of $1.19, well above the $0.51 consensus estimate, while revenue rose 16.2% year over year to $328.25 million. The REIT also raised its quarterly dividend to $0.68, equivalent to a 5.8% annualized yield.

Advisors Capital Management LLC bought a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 975,875 shares of the real estate investment trust's stock, valued at approximately $46,530,000. Advisors Capital Management LLC owned approximately 0.32% of Omega Healthcare Investors at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bogart Wealth LLC raised its holdings in shares of Omega Healthcare Investors by 2.3% during the 4th quarter. Bogart Wealth LLC now owns 10,461 shares of the real estate investment trust's stock valued at $464,000 after buying an additional 237 shares during the period. GeoWealth Management LLC boosted its stake in shares of Omega Healthcare Investors by 1.3% in the third quarter. GeoWealth Management LLC now owns 18,850 shares of the real estate investment trust's stock valued at $796,000 after purchasing an additional 239 shares during the period. Community Bank of Raymore boosted 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 valued at $1,163,000 after purchasing an additional 260 shares during the period. EntryPoint Capital LLC grew its holdings in Omega Healthcare Investors by 2.7% during the 4th quarter. EntryPoint Capital LLC now owns 9,912 shares of the real estate investment trust's stock valued at $439,000 after purchasing an additional 260 shares in the last quarter. Finally, Checchi Capital Advisers LLC grew its holdings in Omega Healthcare Investors by 3.3% during the 4th quarter. Checchi Capital Advisers LLC now owns 8,184 shares of the real estate investment trust's stock valued at $363,000 after purchasing an additional 262 shares in the last quarter. 65.25% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on OHI shares. 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. Cantor Fitzgerald raised their target price on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an "overweight" rating in a research note on Friday, July 31st. Scotiabank cut their price target on Omega Healthcare Investors from $50.00 to $47.00 and set a "sector perform" rating on the stock in a research note on Thursday, June 18th. BMO Capital Markets reissued a "market perform" rating and issued a $52.00 price target on shares of Omega Healthcare Investors in a report on Monday, May 4th. Finally, Weiss Ratings upgraded Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, June 30th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $49.21.

Omega Healthcare Investors Stock Performance

NYSE:OHI opened at $46.81 on Friday. The company has a market capitalization of $14.18 billion, a price-to-earnings 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 one year low of $39.26 and a one year high of $52.39. The stock has a 50-day simple moving average of $48.16 and a 200 day simple moving average of $47.00.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm 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 firm posted $0.77 earnings per share. Omega Healthcare Investors's revenue for the quarter 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. On average, equities research analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current fiscal year.

Omega Healthcare Investors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date 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 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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