9,955 Shares in Omega Healthcare Investors, Inc. $OHI Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC acquired 9,955 shares of Omega Healthcare Investors, valued at approximately $379,000, during the first quarter.
• Omega Healthcare Investors declared a quarterly dividend of $0.67, resulting in an annualized dividend of $2.68 and a dividend yield of 6.2%.
• Wells Fargo & Company and other analysts have recently raised their price targets for Omega Healthcare Investors, with the average price target now at $43.38.

Focus Partners Advisor Solutions LLC bought a new position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,955 shares of the real estate investment trust's stock, valued at approximately $379,000.

Other large investors have also modified their holdings of the company. NBC Securities Inc. purchased a new stake in shares of Omega Healthcare Investors during the first quarter worth $29,000. CoreCap Advisors LLC boosted its position in shares of Omega Healthcare Investors by 177.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock valued at $60,000 after acquiring an additional 1,009 shares during the last quarter. Park Square Financial Group LLC acquired a new position in shares of Omega Healthcare Investors during the 4th quarter valued at about $61,000. UMB Bank n.a. boosted its position in shares of Omega Healthcare Investors by 94.9% during the 1st quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock valued at $83,000 after acquiring an additional 1,059 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its position in shares of Omega Healthcare Investors by 1,581.3% during the 1st quarter. Meeder Asset Management Inc. now owns 2,522 shares of the real estate investment trust's stock valued at $96,000 after acquiring an additional 2,372 shares during the last quarter. Hedge funds and other institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Down 0.9%

Shares of OHI traded down $0.37 during mid-day trading on Thursday, hitting $42.47. 1,540,460 shares of the company's stock were exchanged, compared to its average volume of 1,744,001. The company has a market cap of $12.53 billion, a price-to-earnings ratio of 26.22, a P/E/G ratio of 2.24 and a beta of 0.71. Omega Healthcare Investors, Inc. has a fifty-two week low of $35.04 and a fifty-two week high of $44.42. 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 stock's 50-day moving average is $40.14 and its 200-day moving average is $38.20.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts' expectations of $248.49 million. During the same quarter in the prior year, the company earned $0.71 earnings per share. The business's quarterly 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, sell-side analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Announces Dividend

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

Insider Buying and Selling at Omega Healthcare Investors

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on OHI. Raymond James Financial reissued an "outperform" rating on shares of Omega Healthcare Investors in a research report on Tuesday, September 2nd. Royal Bank Of Canada boosted 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 research report on Thursday, August 7th. Scotiabank upped their target price on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Wells Fargo & Company upped their target price on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Finally, Truist Financial upped their target price on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a "hold" rating in a research report on Wednesday, September 3rd. Five equities research 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 stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.75.

About Omega Healthcare Investors

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.