IFM Investors Pty Ltd Has $2.07 Million Holdings in 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 lowered its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 13.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,454 shares of the real estate investment trust's stock after selling 8,109 shares during the quarter. IFM Investors Pty Ltd's holdings in Omega Healthcare Investors were worth $2,074,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. United Services Automobile Association raised its holdings in shares of Omega Healthcare Investors by 1.8% during the first quarter. United Services Automobile Association now owns 16,598 shares of the real estate investment trust's stock valued at $632,000 after acquiring an additional 291 shares during the period. Optimum Investment Advisors raised its holdings in shares of Omega Healthcare Investors by 8.9% during the first quarter. Optimum Investment Advisors now owns 3,666 shares of the real estate investment trust's stock valued at $140,000 after acquiring an additional 300 shares during the period. CreativeOne Wealth LLC raised its holdings in shares of Omega Healthcare Investors by 3.4% during the first quarter. CreativeOne Wealth LLC now owns 9,487 shares of the real estate investment trust's stock valued at $361,000 after acquiring an additional 310 shares during the period. Values First Advisors Inc. raised its holdings in shares of Omega Healthcare Investors by 1.6% during the first quarter. Values First Advisors Inc. now owns 19,692 shares of the real estate investment trust's stock valued at $750,000 after acquiring an additional 314 shares during the period. Finally, QRG Capital Management Inc. raised its holdings in shares of Omega Healthcare Investors by 0.5% during the first quarter. QRG Capital Management Inc. now owns 69,499 shares of the real estate investment trust's stock valued at $2,647,000 after acquiring an additional 341 shares during the period. Institutional investors and hedge funds 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 stock in a transaction 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 transaction, the director owned 18,654 shares in the company, valued at $749,144.64. This represents a 11.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on OHI. Raymond James Financial reiterated an "outperform" rating on shares of Omega Healthcare Investors in a research note on Tuesday, September 2nd. Mizuho upped their price objective on shares of Omega Healthcare Investors from $37.00 to $40.00 and gave the company a "neutral" rating in a research note on Thursday. Scotiabank upped 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 note on Thursday, August 28th. Truist Financial upped their price objective on shares of Omega Healthcare Investors from $39.00 to $44.00 and gave the company a "hold" rating in a research note on Wednesday, September 3rd. Finally, Royal Bank Of Canada upped 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 note on Thursday, August 7th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $43.75.

Omega Healthcare Investors Stock Performance

Shares of OHI opened at $42.49 on Friday. The company's fifty day moving average is $40.26 and its 200-day moving average is $38.23. Omega Healthcare Investors, Inc. has a 12 month low of $35.04 and a 12 month high of $44.42. The firm has a market cap of $12.53 billion, a price-to-earnings ratio of 26.23, a price-to-earnings-growth ratio of 2.23 and a beta of 0.71. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.96.

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 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 company had revenue of $235.60 million for the quarter, compared to analyst estimates of $248.49 million. During the same quarter in the prior year, the business posted $0.71 EPS. Omega Healthcare Investors'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. Equities analysts expect that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

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

Omega Healthcare Investors Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.