Hsbc Holdings PLC Has $14.14 Million Stock Position in Omega Healthcare Investors, Inc. $OHI

Key Points

• Hsbc Holdings PLC increased its stake in Omega Healthcare Investors by 17.6% during the first quarter, acquiring an additional 55,587 shares, totaling 370,926 shares worth approximately $14.14 million.
• The company's quarterly earnings report showed $0.77 earnings per share, significantly exceeding analysts' expectations of $0.45, along with a net margin of 42.23%.
• Omega Healthcare Investors declared a quarterly dividend of $0.67 per share, yielding 6.4%, with a high payout ratio of 165.43%.

Hsbc Holdings PLC raised its stake in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 17.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 370,926 shares of the real estate investment trust's stock after acquiring an additional 55,587 shares during the quarter. Hsbc Holdings PLC owned approximately 0.13% of Omega Healthcare Investors worth $14,144,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in OHI. NBC Securities Inc. bought a new position in shares of Omega Healthcare Investors in the 1st quarter worth about $29,000. Dunhill Financial LLC boosted its holdings in shares of Omega Healthcare Investors by 97.9% in the fourth quarter. Dunhill Financial LLC now owns 1,516 shares of the real estate investment trust's stock valued at $57,000 after acquiring an additional 750 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Omega Healthcare Investors by 177.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,578 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 1,009 shares in the last quarter. Park Square Financial Group LLC bought a new stake in Omega Healthcare Investors during the fourth quarter worth approximately $61,000. Finally, UMB Bank n.a. grew its stake in shares of Omega Healthcare Investors by 94.9% in the 1st quarter. UMB Bank n.a. now owns 2,175 shares of the real estate investment trust's stock worth $83,000 after purchasing an additional 1,059 shares during the last quarter. 65.25% of the stock is currently owned by institutional investors.

Omega Healthcare Investors Stock Up 0.8%

NYSE OHI traded up $0.33 during trading on Friday, reaching $42.53. The company's stock had a trading volume of 1,771,023 shares, compared to its average volume of 2,224,091. 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 stock has a market capitalization of $12.55 billion, a PE ratio of 26.25, a PEG ratio of 2.26 and a beta of 0.66. The business has a 50-day moving average price of $39.06 and a 200-day moving average price of $37.79. Omega Healthcare Investors, Inc. has a 1-year low of $35.04 and a 1-year high of $44.42.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last posted its earnings results 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. The firm had revenue of $235.60 million during the quarter, compared to analysts' expectations of $248.49 million. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The company's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.71 earnings per share. Omega Healthcare Investors has set its FY 2025 guidance at 3.040-3.070 EPS. On average, research analysts forecast that Omega Healthcare Investors, Inc. will post 2.86 earnings per share for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders 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 yield of 6.3%. Omega Healthcare Investors's payout ratio is 165.43%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on OHI. Wells Fargo & Company lifted their price objective on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a research note on Wednesday. Scotiabank boosted their price objective 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. Finally, Royal Bank Of Canada boosted their price objective 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. Four 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, Omega Healthcare Investors currently has a consensus rating of "Hold" and an average price target of $42.75.

Insider Transactions at Omega Healthcare Investors

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of Omega Healthcare Investors stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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.