Allworth Financial LP Makes New Investment in Omega Healthcare Investors, Inc. $OHI

Key Points

• Allworth Financial LP initiated a position in Omega Healthcare Investors, purchasing 42,342 shares valued at approximately $2.02 million. Institutional investors collectively own 65.25% of OHI’s outstanding stock.
• Analyst sentiment remains mixed, with six Buy, seven Hold, and two Sell ratings. The stock has an average rating of Hold and an average price target of $49.21, compared with a recent price of $46.66.
• Omega reported quarterly earnings of $1.19 per share, surpassing estimates of $0.51, while revenue rose 16.2% year over year to $328.25 million. The REIT also raised its quarterly dividend to $0.68, equal to an annualized $2.72 payout and a 5.8% yield.

Allworth Financial LP bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 42,342 shares of the real estate investment trust's stock, valued at approximately $2,019,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Resources Management Corp CT ADV increased its position in shares of Omega Healthcare Investors by 300.0% during the 4th quarter. Resources Management Corp CT ADV now owns 600 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 450 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Omega Healthcare Investors by 40.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 924 shares of the real estate investment trust's stock worth $34,000 after buying an additional 268 shares during the last quarter. Ascentis Independent Advisors purchased a new position in shares of Omega Healthcare Investors in the 1st quarter worth about $35,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Omega Healthcare Investors during the fourth quarter valued at about $37,000. Finally, Rothschild Investment LLC grew its position in Omega Healthcare Investors by 283.7% during the fourth quarter. Rothschild Investment LLC now owns 944 shares of the real estate investment trust's stock valued at $42,000 after buying an additional 698 shares during the period. Hedge funds and other institutional investors own 65.25% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on OHI. Wells Fargo & Company lifted their price objective on shares of Omega Healthcare Investors from $47.00 to $49.00 and gave the stock an "equal weight" rating in a research report on Monday, June 1st. Royal Bank Of Canada increased their target price on shares of 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 decreased their price target on shares of Omega Healthcare Investors from $48.00 to $46.00 and set a "hold" rating for the company in a research note on Tuesday, June 9th. Barclays assumed coverage on shares of Omega Healthcare Investors in a research note on Tuesday, July 7th. They set an "underweight" rating and a $51.00 price target for the company. Finally, Cantor Fitzgerald upped their price objective 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. Six analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $49.21.

Omega Healthcare Investors Trading Down 0.2%

Shares of NYSE OHI opened at $46.66 on Friday. The business has a 50-day moving average of $48.18 and a 200-day moving average of $46.99. The firm has a market capitalization of $14.14 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 1.89 and a beta of 0.57. Omega Healthcare Investors, Inc. has a 12 month low of $39.26 and a 12 month high of $52.39.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its 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 company had revenue of $328.25 million during the quarter, compared to analyst estimates of $266.97 million. During the same period in the previous year, the business earned $0.77 earnings per share. The firm's quarterly 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. On average, analysts predict that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.

Omega Healthcare Investors Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a $0.68 dividend. This is an increase from Omega Healthcare Investors's previous quarterly dividend of $0.67. This represents a $2.72 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 97.14%.

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.

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