BNP Paribas Financial Markets Boosts Stock Holdings in Omega Healthcare Investors, Inc. $OHI

Key Points

• BNP Paribas Financial Markets significantly increased its stake in Omega Healthcare Investors by 233.0%, now owning approximately 0.26% of the company valued at around $28.39 million.
• The real estate investment trust reported earnings of $0.77 per share for the last quarter, exceeding analysts' expectations of $0.45, alongside a revenue of $235.60 million.
• Omega Healthcare recently declared a quarterly dividend of $0.67 per share, resulting in an annualized dividend yield of 6.3%, with a payout ratio of 165.43%.

BNP Paribas Financial Markets increased its holdings in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 233.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 745,558 shares of the real estate investment trust's stock after buying an additional 521,642 shares during the period. BNP Paribas Financial Markets owned about 0.26% of Omega Healthcare Investors worth $28,391,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Optimum Investment Advisors raised its holdings in Omega Healthcare Investors by 8.9% during the 1st quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust's stock worth $140,000 after purchasing an additional 300 shares during the last quarter. CreativeOne Wealth LLC raised its holdings in Omega Healthcare Investors by 3.4% during the 1st quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust's stock worth $361,000 after purchasing an additional 310 shares during the last quarter. Values First Advisors Inc. raised its holdings in Omega Healthcare Investors by 1.6% during the 1st quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust's stock worth $750,000 after purchasing an additional 314 shares during the last quarter. QRG Capital Management Inc. raised its holdings in Omega Healthcare Investors by 0.5% during the 1st quarter. QRG Capital Management Inc. now owns 69,499 shares of the real estate investment trust's stock worth $2,647,000 after purchasing an additional 341 shares during the last quarter. Finally, Baird Financial Group Inc. raised its holdings in Omega Healthcare Investors by 0.8% during the 4th quarter. Baird Financial Group Inc. now owns 50,492 shares of the real estate investment trust's stock worth $1,911,000 after purchasing an additional 380 shares during the last quarter. Institutional investors own 65.25% of the company's stock.

Insider Transactions at Omega Healthcare Investors

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total value of $100,400.00. Following the completion of the sale, the director owned 18,654 shares of the company's stock, valued at approximately $749,144.64. This trade represents a 11.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.50% of the company's stock.

Omega Healthcare Investors Stock Up 0.8%

NYSE OHI traded up $0.36 during mid-day trading on Friday, hitting $43.09. The company's stock had a trading volume of 1,467,660 shares, compared to its average volume of 1,958,922. The company's 50 day simple moving average is $39.64 and its 200 day simple moving average is $38.02. Omega Healthcare Investors, Inc. has a twelve month low of $35.04 and a twelve month high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $12.71 billion, a price-to-earnings ratio of 26.60, a PEG ratio of 2.26 and a beta of 0.71.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The business had revenue of $235.60 million during the quarter, compared to the consensus estimate of $248.49 million. During the same quarter last year, the firm posted $0.71 EPS. Omega Healthcare Investors's revenue was up 11.8% compared to the same quarter last year. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Monday, August 4th were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 4th. This represents a $2.68 annualized dividend and a yield of 6.2%. Omega Healthcare Investors's dividend payout ratio (DPR) is presently 165.43%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on OHI shares. Truist Financial raised their price target on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a "hold" rating in a report on Wednesday. Scotiabank raised their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Wells Fargo & Company raised their price target on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Royal Bank Of Canada raised their price target on shares of Omega Healthcare Investors from $39.00 to $41.00 and gave the stock a "sector perform" rating in a report on Thursday, August 7th. Finally, Raymond James Financial reiterated an "outperform" rating on shares of Omega Healthcare Investors in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $43.38.

Omega Healthcare Investors 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.