56,592 Shares in Omega Healthcare Investors, Inc. $OHI Purchased by Caxton Associates LLP

Key Points

• Caxton Associates LLP invested approximately $2.16 million to purchase 56,592 shares of Omega Healthcare Investors, indicating growing interest in the real estate investment trust.
• Several large investors are increasing their stakes in Omega Healthcare, including CoreCap Advisors, which raised its holdings by 177.3% during the fourth quarter.
• Analysts have raised their price targets for Omega Healthcare Investors, with consensus estimates now around $43.38, reflecting positive sentiment toward the company.

Caxton Associates LLP acquired a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 56,592 shares of the real estate investment trust's stock, valued at approximately $2,155,000.

Several other large investors have also recently added to or reduced their stakes in OHI. AQR Capital Management LLC grew its position in Omega Healthcare Investors by 430.8% in the first quarter. AQR Capital Management LLC now owns 2,862,117 shares of the real estate investment trust's stock worth $108,989,000 after acquiring an additional 2,322,878 shares in the last quarter. Vanguard Group Inc. grew its position in Omega Healthcare Investors by 3.9% in the first quarter. Vanguard Group Inc. now owns 39,554,886 shares of the real estate investment trust's stock worth $1,506,250,000 after acquiring an additional 1,492,904 shares in the last quarter. Invesco Ltd. grew its position in Omega Healthcare Investors by 122.3% in the first quarter. Invesco Ltd. now owns 2,416,560 shares of the real estate investment trust's stock worth $92,023,000 after acquiring an additional 1,329,324 shares in the last quarter. Nuveen LLC bought a new stake in Omega Healthcare Investors in the first quarter worth approximately $42,513,000. Finally, Allspring Global Investments Holdings LLC grew its position in Omega Healthcare Investors by 556.1% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock worth $39,143,000 after acquiring an additional 871,472 shares in the last quarter. Institutional investors and hedge funds own 65.25% of the company's stock.

Analyst Upgrades and Downgrades

OHI has been the subject of several recent research reports. Scotiabank boosted their target price on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. Wells Fargo & Company boosted their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 27th. Truist Financial increased their price target 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. Royal Bank Of Canada increased 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 report on Thursday, August 7th. Finally, Mizuho increased their price target on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a "neutral" rating in a report on Thursday. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Omega Healthcare Investors has an average rating of "Moderate Buy" and a consensus price target of $43.75.

Omega Healthcare Investors Price Performance

Shares of OHI stock traded down $0.01 during mid-day trading on Friday, reaching $42.49. The company's stock had a trading volume of 1,550,013 shares, compared to its average volume of 1,656,058. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42. The company has a market cap of $12.53 billion, a P/E ratio of 26.23, a PEG ratio of 2.22 and a beta of 0.71. The company has a debt-to-equity ratio of 0.96, a quick ratio of 7.10 and a current ratio of 7.10. The firm's 50-day moving average is $40.26 and its two-hundred day moving average is $38.25.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $235.60 million during the quarter, compared to analysts' expectations of $248.49 million. During the same quarter in the prior year, the company posted $0.71 EPS. The business's revenue was up 11.8% on a year-over-year basis. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, research analysts predict that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current year.

Omega Healthcare Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were paid a $0.67 dividend. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.3%. Omega Healthcare Investors's dividend payout ratio is currently 165.43%.

Insider Activity

In related news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the sale, the director owned 18,654 shares in the company, valued at $749,144.64. This trade represents a 11.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

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.