AlphaGrep UK Ltd Purchases Shares of 26,138 Omega Healthcare Investors, Inc. $OHI

Key Points

• AlphaGrep UK Ltd purchased 26,138 shares of Omega Healthcare Investors worth approximately $1.25 million, while institutional investors collectively own 65.25% of OHI.
• Omega reported quarterly EPS of $1.19, well above the $0.51 analyst consensus, with revenue rising 16.2% year over year to $328.25 million.
• Omega increased its quarterly dividend to $0.68 per share, representing a 5.9% annualized yield; analysts maintain a consensus “Hold” rating with a $49.50 target price.

AlphaGrep UK Ltd purchased a new stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 26,138 shares of the real estate investment trust's stock, valued at approximately $1,246,000. Omega Healthcare Investors makes up approximately 0.4% of AlphaGrep UK Ltd's portfolio, making the stock its 19th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GeoWealth Management LLC raised 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 worth $796,000 after buying an additional 239 shares during the period. Bogart Wealth LLC grew its holdings in Omega Healthcare Investors by 2.4% during the first quarter. Bogart Wealth LLC now owns 10,714 shares of the real estate investment trust's stock worth $469,000 after acquiring an additional 253 shares during the period. Community Bank of Raymore raised its position 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 acquiring an additional 260 shares during the period. EntryPoint Capital LLC lifted 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 worth $439,000 after buying an additional 260 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in 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 valued at $34,000 after purchasing an additional 268 shares in the last quarter. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Trading Down 1.3%

Omega Healthcare Investors stock opened at $46.41 on Friday. The firm's fifty day moving average price is $48.31 and its two-hundred day moving average price is $47.09. The firm has a market capitalization of $14.06 billion, a price-to-earnings ratio of 16.58, a price-to-earnings-growth ratio of 1.90 and a beta of 0.58. Omega Healthcare Investors, Inc. has a 1-year low of $39.26 and a 1-year high of $52.39.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings data 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. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The business had revenue of $328.25 million during the quarter, compared to the consensus estimate of $266.97 million. During the same quarter last year, the company posted $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, research analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 EPS for the current year.

Omega Healthcare Investors Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 5.9%. This is a positive change from Omega Healthcare Investors's previous quarterly dividend of $0.67. The ex-dividend date was Monday, August 3rd. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 97.14%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on OHI. Citigroup upped their target price on shares of Omega Healthcare Investors from $52.00 to $58.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Cantor Fitzgerald upped their price target on shares of Omega Healthcare Investors from $52.00 to $56.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Barclays decreased their target price on Omega Healthcare Investors from $51.00 to $50.00 and set an "underweight" rating for the company in a research report on Monday. Truist Financial reduced their price objective on 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. Finally, Raymond James Financial started coverage on Omega Healthcare Investors in a research report on Tuesday, June 16th. They set an "outperform" rating and a $50.00 price objective for the company. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $49.50.

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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