IFM Investors Pty Ltd Sells 8,109 Shares of Omega Healthcare Investors, Inc. $OHI

Key Points

• IFM Investors Pty Ltd reduced its stake in Omega Healthcare Investors, Inc. by 13% in the first quarter, owning 54,454 shares valued at approximately $2.07 million.
• The company has seen increased activity from other large investors, with notable increases from United Services Automobile Association and Optimum Investment Advisors among others during the same quarter.
• Omega Healthcare Investors recently declared a quarterly dividend of $0.67 per share, translating to an annualized dividend yield of 6.3%, though its dividend payout ratio stands at 165.43%.

IFM Investors Pty Ltd decreased its stake in Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 13.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,454 shares of the real estate investment trust's stock after selling 8,109 shares during the period. IFM Investors Pty Ltd's holdings in Omega Healthcare Investors were worth $2,074,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. bought a new position in shares of Omega Healthcare Investors during the 1st quarter valued at $29,000. Park Square Financial Group LLC bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at $61,000. UMB Bank n.a. grew its holdings 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 purchasing an additional 1,059 shares during the last quarter. Meeder Asset Management Inc. grew its holdings 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 purchasing an additional 2,372 shares during the last quarter. Finally, Virtus Investment Advisers Inc. bought a new position in shares of Omega Healthcare Investors during the 4th quarter valued at $112,000. Institutional investors own 65.25% of the company's stock.

Omega Healthcare Investors Stock Up 0.5%

Omega Healthcare Investors stock traded up $0.20 during trading hours on Thursday, hitting $41.83. The stock had a trading volume of 452,023 shares, compared to its average volume of 2,325,594. 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 market capitalization of $12.34 billion, a P/E ratio of 25.83, a price-to-earnings-growth ratio of 2.20 and a beta of 0.71. Omega Healthcare Investors, Inc. has a 12-month low of $35.04 and a 12-month high of $44.42. The stock's 50-day moving average price is $40.60 and its 200-day moving average price is $38.34.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, topping 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 firm had revenue of $235.60 million during the quarter, compared to analyst estimates of $248.49 million. During the same period in the previous year, the business posted $0.71 earnings per share. The business's revenue for the quarter 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. Equities research analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Announces Dividend

The business also recently declared 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 6.4%. Omega Healthcare Investors's payout ratio is currently 165.43%.

Analysts Set New Price Targets

OHI has been the topic of several recent research reports. Royal Bank Of Canada increased their target price 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. Mizuho raised their price target on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Thursday, September 11th. Scotiabank raised their price target on shares of Omega Healthcare Investors from $39.00 to $42.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Wells Fargo & Company raised their price target on shares of Omega Healthcare Investors from $41.00 to $44.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Finally, Raymond James Financial reissued an "outperform" rating on shares of Omega Healthcare Investors in a report on Tuesday, September 2nd. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $43.75.

Insider Activity at Omega Healthcare Investors

In other 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 sale was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is owned by corporate insiders.

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.