Cookson Peirce & Co. Inc. Purchases 15,377 Shares of Omega Healthcare Investors, Inc. $OHI

Key Points

• Cookson Peirce & Co. Inc. increased its stake in Omega Healthcare Investors by 4.1%, acquiring an additional 15,377 shares, bringing its total holdings to approximately 388,189 shares valued at $14.23 million.
• Multiple institutional investors, including Pallas Capital Advisors LLC and Allspring Global Investments Holdings LLC, significantly increased their positions in Omega Healthcare during the 2nd quarter.
• Omega Healthcare reported an earnings per share of $0.77 for the last quarter, significantly exceeding analysts' expectations of $0.45, with a yearly revenue increase of 11.8%.

Cookson Peirce & Co. Inc. lifted its position in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 388,189 shares of the real estate investment trust's stock after buying an additional 15,377 shares during the quarter. Cookson Peirce & Co. Inc. owned about 0.13% of Omega Healthcare Investors worth $14,227,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Pallas Capital Advisors LLC grew its stake in shares of Omega Healthcare Investors by 59.0% in the 2nd quarter. Pallas Capital Advisors LLC now owns 11,915 shares of the real estate investment trust's stock valued at $437,000 after buying an additional 4,420 shares in the last quarter. Asset Management One Co. Ltd. grew its stake in shares of Omega Healthcare Investors by 5.0% in the 1st quarter. Asset Management One Co. Ltd. now owns 514,967 shares of the real estate investment trust's stock valued at $19,610,000 after buying an additional 24,640 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Omega Healthcare Investors by 556.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,028,187 shares of the real estate investment trust's stock valued at $39,143,000 after buying an additional 871,472 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Omega Healthcare Investors by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,058,107 shares of the real estate investment trust's stock valued at $154,533,000 after buying an additional 165,554 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Omega Healthcare Investors by 14.2% in the 1st quarter. GAMMA Investing LLC now owns 4,572 shares of the real estate investment trust's stock valued at $174,000 after buying an additional 568 shares in the last quarter. Institutional investors own 65.25% of the company's stock.

Insider Activity at Omega Healthcare Investors

In other news, Director Lisa Egbuonu-Davis sold 2,500 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $40.16, for a total transaction of $100,400.00. Following the completion of the transaction, the director directly owned 18,654 shares in the company, valued at $749,144.64. The trade was a 11.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OHI shares. Cantor Fitzgerald started coverage on Omega Healthcare Investors in a research note on Wednesday, October 1st. They issued an "overweight" rating and a $50.00 price target for the company. Wells Fargo & Company boosted their price target on Omega Healthcare Investors from $44.00 to $45.00 and gave the company an "overweight" rating in a research note on Tuesday. Mizuho boosted their price target on Omega Healthcare Investors from $37.00 to $40.00 and gave the company a "neutral" rating in a research note on Thursday, September 11th. Truist Financial upped their target price on Omega Healthcare Investors from $39.00 to $44.00 and gave the stock a "hold" rating in a research report on Wednesday, September 3rd. Finally, Raymond James Financial reaffirmed an "outperform" rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $44.50.

Omega Healthcare Investors Stock Down 1.8%

Shares of Omega Healthcare Investors stock opened at $40.32 on Wednesday. The stock has a market capitalization of $11.89 billion, a P/E ratio of 24.89, a PEG ratio of 1.92 and a beta of 0.70. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96. The stock has a 50 day moving average price of $41.60 and a two-hundred day moving average price of $38.93. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.32. The firm had revenue of $235.60 million during the quarter, compared to analysts' expectations of $248.49 million. Omega Healthcare Investors had a return on equity of 9.78% and a net margin of 42.23%.The company's revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. Equities analysts expect 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 declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Monday, August 4th were issued a dividend of $0.67 per share. The ex-dividend date was Monday, August 4th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 6.6%. Omega Healthcare Investors's payout ratio is 165.43%.

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.

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