Deutsche Bank AG bought a new stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 241,627 shares of the real estate investment trust's stock, valued at approximately $11,521,000. Deutsche Bank AG owned 0.08% of Omega Healthcare Investors at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC acquired a new stake in Omega Healthcare Investors during the second quarter valued at $355,000. Principle Wealth Partners LLC acquired a new position in shares of Omega Healthcare Investors in the second quarter worth about $247,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Omega Healthcare Investors in the second quarter worth about $12,180,000. Roman Butler Fullerton & Co. acquired a new position in shares of Omega Healthcare Investors in the second quarter worth about $343,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Omega Healthcare Investors during the 2nd quarter worth about $505,000. 65.25% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the company. Scotiabank dropped their target price on Omega Healthcare Investors from $50.00 to $47.00 and set a "sector perform" rating on the stock in a research report on Thursday, June 18th. Weiss Ratings raised Omega Healthcare Investors from a "buy (b)" rating to a "buy (b+)" rating in a report on Tuesday, June 30th. Citigroup increased their price target on Omega Healthcare Investors from $52.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, August 4th. Cantor Fitzgerald raised their price objective on Omega Healthcare Investors from $52.00 to $56.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Finally, Royal Bank Of Canada raised their price objective on Omega Healthcare Investors from $47.00 to $48.00 and gave the company a "sector perform" rating in a report on Monday, May 4th. 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. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $49.21.
Check Out Our Latest Analysis on Omega Healthcare Investors
Omega Healthcare Investors Stock Performance
NYSE:OHI opened at $46.66 on Monday. The stock has a market capitalization of $14.14 billion, a PE ratio of 16.66, a P/E/G ratio of 1.89 and a beta of 0.57. Omega Healthcare Investors, Inc. has a fifty-two week low of $39.26 and a fifty-two week high of $52.39. The company has a fifty day moving average of $48.18 and a two-hundred day moving average of $47.02.
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, beating the consensus estimate of $0.51 by $0.68. The business had revenue of $328.25 million for the quarter, compared to analyst estimates of $266.97 million. Omega Healthcare Investors had a net margin of 66.96% and a return on equity of 15.76%. The company's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.77 earnings per share. Omega Healthcare Investors has set its FY 2026 guidance at 3.220-3.260 EPS. Research analysts forecast that Omega Healthcare Investors, Inc. will post 3.12 earnings per share for the current year.
Omega Healthcare Investors Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.8%. The ex-dividend date was Monday, August 3rd. This is a positive change from Omega Healthcare Investors's previous quarterly dividend of $0.67. Omega Healthcare Investors's payout ratio is presently 97.14%.
About Omega Healthcare Investors
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding OHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report).
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